Alcanna Inc. T.CLIQ

AGLC

[Dibah42]

3.1 Separate Business Requirements

 

 

Retail Cannabis Store Handbook

Policies

1. A retail cannabis store licence will not be issued to an applicant unless the business, under which activities authorized by the licence will be carried out, is separate from any other business. The following factors (as listed in the Cannabis Separation of Business Document) are used to determine whether a retail cannabis store is a separate business from any other commonlyowned or affiliated business (non cannabis store):
   1. The retail cannabis store will operate as a separate business in accordance with Part 2 of Schedule 2 of the Gaming, Liquor and Cannabis Regulation.
   2. The retail cannabis store will operate as a separate viable business to make a reasonable profit for itself and will not be operated solely as a lossleader in support of any commonly owned or affiliated business.
   3. The retail cannabis store licensee is incorporated as a separate company (unless it is a sole proprietorship, a cooperative, or is prohibited by legislation).
      
      Note: Multiple retail cannabis stores may be operated by the separate company.
       
   4. Separate financial records are maintained for the retail cannabis store.
   5. A commercial relationship exists between the retail cannabis store and any other commonlyowned or affiliated business for the purposes of leasing space, purchasing equipment, product or supplies, or other necessary services.
   6. Employees are hired by, and work for, the retail cannabis store.
   7. The retail cannabis store has management separate from that of any other commonlyowned or affiliated business.
      
      Note: For the purpose of this policy, a business would be affiliated with another business if one controls or operates the other or if they are commonly controlled or operated.
       

2. Applicants must submit a completed Cannabis Separation of Business Document upon each application for a new retail cannabis store licence or the purchase of an existing retail cannabis and upon renewal of the licence, if any changes to the document are made.