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Ontario cannabis retail regulator doubles licence issuances to 10 per week

Ontario cannabis retail regulator doubles licence issuances to 10 per week The Alcohol and Gaming Commission of Ontario (AGCO) has begun issuing 10 new cannabis store licences a week, double its previous total, in a move that will likely accelerate the expansion of the province's pot retail network. The AGCO, which regulates Ontario's cannabis retailers, said it has issued 194 retail store authorizations, with 173 of those leading to pot stores that are currently open. In a statement, the AGCO added that it will continue to work with the Ontario government to "increase the number of cannabis Retail Store Authorizations (RSAs) that can be issued each month." Analysts expect Ontario to end the year with more than 250 open cannabis stores, with another 500 expected in 2021.  Virus-free. www.avg.com

Written by : Tony Salvin

Canadian Marijuana Index

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