fbpx Ontario | Page 9 | Marijuana Business News | Cannabis Industry & Legalization | 420 Intel



People's Alliance pushes for private liquor, cannabis retail system

People's Alliance Leader Kris Austin says the province should abandon the government-owned system of selling liquor and cannabis for one that gets privately owned stores to do the selling.

Austin's comments on Information Morning Fredericton come after the CEO of NB Liquor and Cannabis NB Brian Harriman announced last week that he was stepping down.

Austin said the change at the top of the Crown corporation should bring a change in philosophy that would recognize full privatization as being in the province's best interest.

"If you look at other jurisdictions across North America, it's done exceptionally well, including even in our own country in Alberta," said Austin


Alimentation Couche-Tard and Canopy Growth partner to launch premium cannabis retail brand

Alimentation Couche-Tard Inc. has entered into a multi-year agreement with Canopy Growth Corporation, which, pending results of a public-consultation process, is expected to lead to a retail lottery winner operating a Tweed-branded store in London, Ont.

“Subsequent to this newly formed strategic partnership, and pending the results of a public-consultation process, Alimentation Couche-Tard is excited to announce it has entered into a trademark licence agreement with one of the winners of the Alcohol and Gaming Commission of Ontario’s Expression of Interest Application Lottery,” notes a press release from Alimentation Couche-Tard.


Ontario announces details for cannabis retail training

As the province of Ontario prepares to open retail cannabis stores in April, the details of the mandatory training that employees will receive was announced last week.

CannSell, as selected by the Alcohol and Gaming Commission of Ontario (AGCO), will be the only authorized program used to train the employees that will work at the 25 storefronts expected to open on April 1.

CannSell is a product of Lift & Co., a technology company aimed to inform Canadians about cannabis. The program was developed with MADD Canada and was commissioned by the AGCO last year.


London Ontario store will run under Tweed banner

Canopy Growth Corporation, Canada’s largest cannabis producer, has announced a pending partnership with Quebec-based company Couche-Tard to enter an agreement with a winner of Ontario’s cannabis store lottery.

Couche-Tard is an operator of 15,000 variety stores internationally under the Circle K brand and others. Together, the companies plan to open a store in London, Ontario. The store is expected to open at 1025 Wellingston Street South under the Canopy brand Tweed. The store and its branding are currently awaiting approval from the Alcohol Gaming Commission of Ontario (AGCO).

The application will now enter into a 15 day public notice period for members of the community to either file a complaint or a written submission on the proposed location.


Ontario lottery winners must now ramp up

The 25 recipients fortunate enough to have been selected in Ontario’s recent cannabis retail lottery are now faced with transforming lady luck into a solid business operation.

“The AGCO expects that applicants will prepare plans, which account for all aspects of running a business,” says Raymond Kahnert, media contact for the Alcohol and Gaming Commission of Ontario (AGCO) in Toronto.


Lottery winners are now on their way to obtaining the first provincial licences to sell cannabis from a storefront operation. However, Kahnert notes, “the AGCO is not in a position to provide advice.”


Ontario delivers yet another cannabis decision that hurts retailers and helps illegal dealers

Recently, the Alcohol and Gaming Commission of Ontario (AGCO) stated legal cannabis shops in the province will be prohibited from offering online retail options to consumers. This means that the initial 25 cannabis stores in Ontario and the multitude of stores that could open once the province lifts its temporary cap on retail licences won’t be able to offer consumers online ordering for store pickup (click and collect). Nor will they be able to offer any same-day delivery services.


The tiny Canadian town that marijuana saved

Like so many small towns in the U.S. during the recession, Smiths Falls, Ontario hit rock bottom in 2008.

Three factories shut down in the small Canadian town, including the country's largest Hershey's factory.

“It was a five-year period there where it was hard to find any good news,” said Smiths Falls Mayor Shawn Pankow as he watched 1,500 jobs leave.

“Smiths Falls was basically on life support,” said Jamie Norris, a tow-truck driver and lifelong resident. “People were losing their houses and losing their vehicles.”

Who knew this town's lowest of lows would be remedied by getting high.

Canopy Growth Corporation, a medical marijuana startup in 2013, was looking for a place to spark its business. 


How will Ontario's cannabis shops work? Here's what's coming to a corner near you

Here’s a safe prediction about the design of Ottawa’s first legal cannabis shop: It will resemble a trendy boutique.

The landlord of Superette, the proposed shop in the heart of Wellington West Village, describes it as “high-end retail.”

After all, the middle-income and affluent residents in the neighbourhood are the store’s target demographic, says Derek Noble, owner of Huntington Property Group, which owns the five-storey building at 1306 Wellington St. West, between Island Park Drive and Holland Avenue.

His company was able to extract premium rent from Superette Inc. for a five-year lease on the 3,371-square-foot space on the ground floor.


Companies backed by major cannabis producers are inking deals with Ontario retail lottery winners

A number of cannabis retailers backed by major licensed producers have entered into agreements with winners of Ontario’s  retail lottery in an attempt to gain access to Canada’s largest market come April 1, when 25 brick-and-mortar cannabis stores are expected to open across the province.

But the nature of those agreements, and whether or not they will survive regulatory scrutiny, remains unclear.

The Alcohol and Gaming Commission of Ontario (AGCO) — the provincial body in charge of regulating cannabis retail in Ontario — has laid out strict ownership rules that bar the 25 individual lottery winners from entering into any kind of revenue-sharing agreements with outside entities that would result in the winners ceding control of their cannabis stores.


Cannabis retail shops are scrambling to open on time across Ontario

Would-be cannabis shop owners in Ontario have just a few weeks left to pass through intense regulatory hoops if they hope to be selling marijuana by April.

Most likely some of them will be unable to open in time to meet the government deadline, industry insiders say. With just a month and a half to go, only eight proposed shops across the province have submitted their retail store applications.

Ontario wants the first wave of cannabis retail stores to open by April 1, if retail licence holders fail to meet this deadline they will be met with stiff financial penalties.  (Mark Thiessen / The Associated Press)


Subscribe to RSS - Ontario