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INDUSTRY: ONTARIO NEEDS MORE REC STORES, FAST

The Cannabis Council of Canada (C3), representing the country’s largest LPs, pressed Ontario premier Doug Ford to take drastic action to increase the number of REC stores in the province.
MJ Biz Daily

  • In an open letter to the premier, CEOs from 10 major LPs said Ontario is “lagging far behind” on REC retail—outpaced even by government-monopoly retail in Nova Scotia, New Brunswick, PEI, and Quebec.
  • “There is simply no longer a shortage,” the CEOs wrote. “There is no downside for allowing more private retail cannabis stores to be opened.”

Windsor’s first REC store pushed its opening day back a month due to delays resulting from the eventually rejected class-action lawsuit by 11 disqualified REC lottery winners.
Windsor Star

Quick Hits

  1. For those worried about losing Canada’s first-mover status, cannabiz accelerator Leaf Forward CEO Alex Blumenstein said Canadians in the sector should be focused on “deploying our intellectual property to global markets.”
    Globe and Mail
  1. For those worried about losing Canada’s first-mover status, cannabiz accelerator Leaf Forward CEO said Canadians in the sector should be focused on “deploying our intellectual property to global markets.”
    Globe and Mail
  2. Cannabis geneticist “Breeder Steve” (who developed cultivars like Shishkaberry) argued successful legal producers will require “distinct proprietary genetics, skilful biological cultivation, post-harvest handling, [and] novel derivatives.”
    Twitter—Breeder Steve