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After many setbacks and a completely redesigned structure, the government of Ontario has released its regulations for Ontario retail cannabis stores.

Stores will be able to operate between 9am and 11pm, but must remain at least 150 metres away from schools and ensure all those who enter are at least 19 years old.

Operators will be limited to a maximum of 75 stores in the province and anyone who continued to operate an illegal dispensary after the October 17 legalization will be barred from applying.

Licenses will also not be approved for any person or organization that has an association with organized crime and applicants must demonstrate their tax compliance states to ensure they are in good standing with the government.

Applications begin December 17 and stores are expected to open in April 2019. Until then, the only legal way to purchase cannabis is through the Ontario Cannabis Store website. The government also announced it will provide $40 million over two years to help municipalities with the implementation costs of recreational cannabis legalization.  

Source: https://business.financialpost.com/cannabis/ontario-releases-cannabis-regulations-for-retail-stores-set-to-open-april-1

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