Toronto, ON — July 27, 2018 — /D.M.O. Newswire/ — The Ontario government will allegedly give the green light for privately-run stores to sell cannabis once recreational marijuana becomes legal on October 17th.
Here’s What You Need to Know
- An anonymous source within the Ontario provincial government tipped off the Globe and Mail that Finance Minister Vic Fedeli and Attorney General Caroline Mulroney will be making an announcement as soon as this coming week to outline a plan to allow privately owned and operated marijuana stores.
- The source also noted that the Ontario government would still retain control over the distribution of products and e-commerce sales.
- The previous plan was to give the Liquor Control Board of Ontario, a.k.a. LCBO, a monopoly on the sale of recreational cannabis with 40 retail locations expected to open under a subsidiary of the LCBO named the Ontario Cannabis Store.
- This new system would closely follow the Alberta framework, which allows for privately-owned and operated marijuana retail stores as long as they’re licensed by the provincial liquor commission.
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