This is What it Will Cost to Open a Retail Cannabis Store in Ontario

Article by Peter Nolan-Smith, Daily Hive

News & Policy Grow Business This is what it will cost to open a retail cannabis store in Ontario Peter Nolan-Smith

Ontario weed smokers are a patient lot.

After sitting through the original run of much delayed post-legalization Ontario Cannabis Store deliveries — Grow’s office order in Toronto took 15 days —  October 17, 2017, came and went with much fanfare. But April 2019 is the deadline the Ford government has set for the introduction of private cannabis retail.

As we said, a patient lot.

Details are scarce on the subject but the Alcohol and Gaming Commission of Ontario has released a breakdown of the costs for licensing. Overall, central-Canadian entrepreneurs looking to ride the green wave will be paying in excess of $10,000 for the various certifications required to open up a cannabis retail store in Ontario.

According to the AGCO, a retail operator’s licence for a two-year term will be available for $6,000, retail store authorization fees are $4,000 and a cannabis retail manager licence is $750, for a total of $10,750. Comparatively, the fees to set up a tobacco and cigar shop in Toronto are only $632.87, according to the city’s website.

News & Policy Grow Business This is what it will cost to open a retail cannabis store in Ontario 38aa74f73324dc8bea2c9471bbcae5a1?s=96&d=mm&r=gPeter Nolan-Smith

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