Alberta Cannabis companies eyeing Ontario

August 14, 2018

Alberta cannabis companies eyeing Ontario following announcement of private sale regime

 

CALGARY—Two major Alberta-based cannabis companies are already scouting locations for stores in Ontario by next April, when the government expects to launch its newly-announced private brick-and-mortar cannabis sales regime.

Spiritleaf CEO Darren Bondar said his company will formally announce its intentions to enter the province on Wednesday, two days after Ontario Minister of Finance Vic Fedeli told reporters their government “will not be in the business of running physical cannabis stores.” He said Spiritleaf is looking at 123 potential “territories” for stores spread throughout the province.

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