Applications open to enter lottery for 25 retail cannabis licenses in Ontario

One consumer advocacy group criticized the government for its plan to start with just 25 stores.

“The supply issues are real. That is something that consumers are dealing with, the industry is dealing with. … that doesn’t justify a lottery system and it doesn’t justify capping retailers at all,” said David Clement, manager of North American affairs for the Consumer Choice Center.

Clement said he will be watching the results of the lottery closely and was doubtful that all of the companies drawn will be able to meet the quick ramp-up requirements to open their stores by April 1.

“They are faced with heavy fines if they aren’t able to open on time,” he said. “There are some heavy limits and stress testing they are required to meet. Our concerns with some of those criteria is that the province doesn’t treat other businesses that way.”

READ MORE: https://globalnews.ca/news/4822415/applications-retail-cannabis-licenses-ontario/

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