Ford Government Committed to Lifting Cap on Legal Recreational Cannabis Dispensaries in Ontario

Article by  Andrew Russell, Global News

The Ford government is introducing changes to how cannabis is sold across the province as part of the budget, including $40-million over two years to help implement the costs of recreational pot.

The Progressive Conservative are proposing to lift the cap of 25 retail store authorizations across the province, which were permitted to begin opening April 1.

“The government remains committed to moving towards an open allocation of licences where the number of stores is limited only by market demand,” the budget document said.

To help open additional licenced stores, the Alcohol and Gaming Commission to pre-qualify operators that are hoping to enter market, according to the budget, includes:

-The payment of a fee or obtaining a letter of credit;
-Financial information
-Criminal and other background checks
-Information confirming lease or ownership interests in potential store locations.

Read the full article here.

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