Ontario regulator to ramp up number of pot shop licenses it issues this fall

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Ontario is on pace to see 40 new pot shops licensed this fall as the province’s cannabis retail store regulator announced it is doubling the number of licenses it issues. Ontario initially held a lottery to award the first 25 pot shop licenses last year. Alberta currently leads with the largest number of operating pot shops in the country and 517 licenses. Some 900 applicants are currently waiting to open cannabis retail shops. So far, the AGCO issued 164 licenses, 150 of which have opened shop in Ontario.

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Ontario is on pace to see 40 new pot shops licensed this fall as the province’s cannabis retail store regulator announced it is doubling the number of licenses it issues. 

The Alcohol and Gaming Commission of Ontario (AGCO), responsible for regulating cannabis retail stores in the province, announced it will double store authorizations at the government’s direction. So far, the AGCO issued 164 licenses, 150 of which have opened shop in Ontario. Some 900 applicants are currently waiting to open cannabis retail shops.

In Toronto, Ontario’s capital and largest city, over a hundred pot shops are waiting to secure approval, while 53 have already...

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