Ontario rushes to open 25 cannabis shops by Apr. 1 deadline – Cannabis News | Marijuana News

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Even even though Canada legalized cannabis more than five months ago, Ontario will not have any cannabis shops open till April 1- which indicates that for 12 much more days, the only legal alternative for citizens of Canada’s most heavily populated province is to get cannabis off the government-run web site.

Producing matters worse, Ontario’s objective of possessing 25 private cannabis shops open on Apr. 1 is seeking like a pipe dream at this point, creating this year’s significant April Fool’s Day joke on the Ontario cannabis customer. But Ontario’s access to legal cannabis is currently one particular of the worse in Canada- it has the ignominious distinction of getting the only spot in Canada (aside from Nunavut) to nevertheless not have any recreational cannabis shops open.

But it is chaos correct now as several licensees hold public consultations even though simultaneously getting reviewed by the Alcohol and Gaming Commission of Ontario (AGCO), as they race to get their shops open in time. The mandatory public consultation period is no joke, either. It is 20 days lengthy and only kicks off soon after a possible place is announced!

There’s also a lot of dollars on the line for the license holders, who had been needed to place up a $50,000 line of credit via the lottery set up to award the licenses. If the lottery winners fail to open their retailer by Apr. 1, they’ll shed $12,500, and if they’re not open by Apr. 15? That is an additional $12,500. They’ll shed all of it if their retailer is not open by the finish of April.

But Ontario’s cannabis roll out was a failure from the get started

There was no query that Ontario’s cannabis plans had been a volatile disaster from the starting.

Initially, the Ontario government was going to have a monopoly on recreational cannabis shops- that is, till a dramatic election dealt the ruling celebration a crushing defeat- and then the program switched to a private model, with the new government pledging not to restrict the quantity of licenses issued. But soon after experiencing nation-wide cannabis shortages (of the legal stuff, at least), Ontario decided it would initially problem 25 licenses via a lottery (held in January) that attracted practically 17,000 applicants, creating the probabilities of winning a license significantly less than 1 %!

And what about these fortunate winners? Several of them have small to no knowledge at all in the cannabis market, which means that Ontario’s very first legal cannabis shops will be far from the craft mom-and-pop cannabis shops that some envisioned for Canada’s post-prohibition future simply because license holders have been teaming up with LP’s and chains like Fire &amp Flower, Tweed, and Donnelly Group’s Hobo Recreational Cannabis.

Exactly where will Ontario’s shops be?

  • St. Catherine’s: 1
  • London: three
  • Niagara Falls: 1
  • Hamilton: two
  • Brampton: 1
  • Burlington: 1
  • Oshawa: 1
  • Ajax: 1

two lottery winners in the Higher Toronto Location have not but announced places as of Mar. 14.

Featured image courtesy of Narcity.

Sources

Ottawa Citizen: Province unlikely to meet guarantee of 25 cannabis shops by April 1, evaluation shows.

The Hamilton Spectator: Will Ontario cannabis shops be prepared for April 1? For some owners it is touch and go.

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