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Doug Downey, Attorney General, has announced details of the new cannabis retail shops roll out plan. "Our government is determined to open the cannabis market as responsibly as possible[.] We have said all along that opening more legal stores is the most effective way to combat the illicit market[.]"

The province is looking to issue approximately 20 new retails store authorizations starting this April 2020. Additionally, individual companies will be allowed to own up to 75 stores by September 2021.

Downey stated that the primary reason to have been holding a lottery system to issue new store licenses has been "resolved". The Attorney General was referring to the supply issue of cannabis in the early periods of legalization. Originally, the provincial government sought to open nearly 1000 cannabis retail stores. Due to supply issues, the lottery system only produced 25 actual licenses to operate, with an additional 50 in a second round of lottery.

Omar Khan, a cannabis consultant, said during a statement, "As the government moves forward with this new licensing system it should also look at ways to enhance the online consumer experience and find ways to empower retailers to be better able to compete with illegal operators on price[.]"

Source: https://www.cbc.ca/news/canada/toronto/cannibis-store-cap-1.5394662  

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