Does Premier Doug Ford Have a New Cannabis Plan for Ontario?

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Summary

In late 2017, the then-ruling Liberal Party announced plans to regulate cannabis sales through the Ontario Cannabis Retail Corporation (OCRC), a subsidiary of the government-owned Liquor Control Board of Ontario (LCBO). Tokyo Smoke is moving further into the retail space, obtaining the right to open between 20 and 30 retail cannabis stores outside Ontario, in Manitoba and Newfoundland. Then, two weeks after he was elected, Ford said he would consult with municipalities, stakeholders, and his caucus before deciding whether to change the cannabis plan laid out by his predecessor. Premier Kathleen Wynne said the government would open 40 stores as soon as recreational cannabis became legal and open at least a hundred more within two years. Ford soon softened his stance somewhat and expressed support for LCBO cannabis sales, at least to start.

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Does Doug Ford’s Win Mean a New Cannabis Plan for Ontario?

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After being sworn in as premier of Ontario last week, Progressive Conservative leader Doug Ford addressed cheering supporters outside the provincial legislature in Toronto. “My friends,” he said under the blazing sun, “a new day will dawn in Ontario, a day of prosperity and opportunity, opportunity for all to succeed and prosper.”

Will Ford give cannabis producers the opportunity to move into the retail sector? That remains to be seen—but producers are feeling optimistic.

But will he give cannabis producers the opportunity to move into the retail sector? That remains to be seen—but they are feeling optimistic.

In late 2017, the then-ruling Liberal Party announced plans to regulate cannabis sales through the Ontario Cannabis Retail Corporation (OCRC), a subsidiary of the government-owned Liquor Control Board of Ontario (LCBO). Premier Kathleen Wynne said...

Read the full article @ Leafly