Ontario's Cannabis Retail and Distribution Business Model 2018
The federal government's Cannabis Act, if passed, would make it legal to produce, use and sell cannabis across Canada by July 2018.
Once legalized, cannabis will be a carefully controlled substance in Ontario - subject to strict rules when it comes to retail and distribution.
Ontario is proposing a safe and sensible approach to the retail of recreational cannabis, overseen by the LCBO through a subsidiary corporation. This would meet the standards of control and social responsibility that people expect, while responding to consumer demand and eliminating the illegal market.
Under the proposed approach, approximately 150 standalone stores will be opened by 2020, including 80 by July 1, 2019 servicing all regions of the province. Online distribution will be available across the province.
These decisions have been guided by Ontario's extensive experience and expertise with substances like alcohol and tobacco, input from the public and experts, and lessons drawn from other jurisdictions that have legalized cannabis.
... Read More