Province To Conduct Second Cannabis Store Licence Lottery

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The Ontario Government is set to conduct a second lottery for 50 cannabis retail stores.

For this next phase, the government has established new pre-qualification requirements that will streamline the licensing process with the AGCO and help ensure the readiness of cannabis retail operator licence applicants.

Prospective retailers must demonstrate that they have secured appropriate retail space that could be used as a cannabis retail store and that they have access to enough capital required to open a cannabis retail store. Licensed retail stores may now be opened in any municipality regardless of population size, granted the municipality did not opt-out of the retail cannabis market.

Detailed pre-qualification requirements and all application process and lottery timelines are available on the AGCO website.

Of the 50 new private cannabis retail stores being licensed, the government is allocating eight stores to retailers who wish to operate on a First Nations reserve, and the remaining 42 stores allocated as follows:

• East Region: seven stores
• GTA Region: six stores
• Toronto Region: 13 stores
• West Region: 11 stores
• North Region: One store in each of the following cities: Kenora, North Bay, Sault Ste. Marie, Thunder Bay and Timmins