Guelph is getting another kick at the cannabis lottery this summer, when 50 additional retail licenses for selling weed become available province-wide.
On Wednesday, the provincial government announced that the Alcohol and Gaming Commission of Ontario (AGCO) has been given the authority to conduct a second round of cannabis store authorizations.In a news release, Attorney General Doug Downy said a supply issue continues.
"We cannot in good conscience issue an unlimited number of licences to businesses,” said Downy. “A phased-in approach remains necessary."
The federal government oversees cannabis production and the release said there has been a marginal improvement in the supply of cannabis.
The lottery will be held Aug. 20, 2019. An expression of interest must be submitted to the AGCO by 8 p.m. on Aug. 9, 2019.
Guelph is situated in the West Region, which will allow an additional 11 stores in the next round of the lottery.
The provincial government had previously said the second round of cannabis retail authorizations wouldn’t be held until December.
Smaller communities will be in the running this round, as the province has decided to remove a stipulation from the previous lottery to limit stores to municipalities with a population of more than 50,000.
The province says it has streamlined the pre-qualification for the lottery, with prospective retailers now having to prove they have secured appropriate retail space and that they have access to enough capital to open a store.
Guelph was passed over entirely in the previous lottery, as the seven licenses were distributed elsewhere in the region. London received three licenses and Hamilton got two.
Of the 50 new licenses being offered, eight will be made available to First Nations reserves.
The 50 new private retailers are expected to begin opening this October.
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July 04, 2019 at 12:25AM
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