Ontario Rushes To Open 25 Cannabis Stores By April 1 Deadline

Article by Mike O, Cannabis Life Network

ONTARIO RUSHES TO OPEN 25 CANNABIS STORES BY APR. 1 DEADLINE MIKE O

Even though Canada legalized cannabis over 5 months ago, Ontario won’t have any cannabis stores open until April 1- which means that for 12 more days, the only legal option for citizens of Canada’s most heavily populated province is to buy cannabis off the government-run website.

Making matters worse, Ontario’s goal of having 25 private cannabis stores open on Apr. 1 is looking like a pipe dream at this point, making this year’s big April Fool’s Day joke on the Ontario cannabis consumer. But Ontario’s access to legal cannabis is already one of the worse in Canada- it has the ignominious distinction of being the only place in Canada (aside from Nunavut) to still not have any recreational cannabis stores open.

But it’s chaos right now as many licensees hold public consultations while simultaneously being reviewed by the Alcohol and Gaming Commission of Ontario (AGCO), as they race to get their cannabis stores open in time. The mandatory public consultation period is no joke, either. It’s 20 days long and only kicks off after a potential location is announced!

There’s also a lot of money on the line for the license holders, who were required to put up a $50,000 line of credit through the lottery set up to award the licenses. If the lottery winners fail to open their store by Apr. 1, they’ll lose $12,500, and if they’re not open by Apr. 15? That’s another $12,500. They’ll lose all of it if their store is not open by the end of April.

Read the full article here.

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