Ontario to allow private retail of cannabis, report says

The Canadian Press
July 31, 2018
By The Canadian Press
The Ontario government will reportedly allow private stores to sell marijuana once recreational cannabis becomes legal on Oct. 17.

A source in the provincial government told the Globe and Mail that Finance Minister Vic Fedeli and Attorney General Caroline Mulroney are expected to make an announcement as early as this week to outline a plan to let the private sector own and operate cannabis shops.

The source, who spoke on condition of anonymity, also indicated that the government would still control the distribution of the product to the stores and manage online sales.

The previous Liberal government under Kathleen Wynne had planned to give the Liquor Control Board of Ontario a monopoly on the sale of recreational cannabis, with 40 stores slated to open this year under a LCBO subsidiary called the Ontario Cannabis Store (OCS).

Related: Cannabis industry hopeful for private retail model in Ontario
The new system would mirror the Alberta model, which will allow for privately run cannabis stores to sell marijuana with licences granted by the liquor commission.

Ontario Premier Doug Ford has already indicated that he was considering the private sector, saying in late June that he doesn't believe "government should stick their nose into everything."

A spokesman for the Ontario Ministry of Finance wouldn't comment on the details but said the province will be ready by the time marijuana is legal in October.
Grow Opportunity
GET CONNECTED

Stay in-the-know on innovative ways to manage your cannabis business, and grow better. Subscribe to our weekly eNewsletter and be the first to hear what’s new in this fast growing industry.

Add comment


Security code
Refresh

Subscription Centre

 
New Subscription
 
Already a Subscriber
 
Customer Service
 
View Digital Magazine Renew

Most Popular

Latest Events

MJBizCon - Las Vegas
Wed Nov 14, 2018

We are using cookies to give you the best experience on our website. By continuing to use the site, you agree to the use of cookies. To find out more, read our Privacy Policy.