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Aphria Inc. APHA

Aphria, which is headquartered in Ontario, produces and sells medicinal and recreational cannabis. The company operates through retail and wholesale channels in Canada and internationally. Aphria is a main distributor of medical cannabis to Germany and has operations in over 10 countries outside of Canada. However, it does not have exposure to the U.S. CBD or THC markets due to the constraints of federal prohibition. It has some U.S. exposure through the acquisition of SweetWater, a craft brewer


NDAQ:APHA - Post by User

Bullboard Posts
Post by Montevialeon Sep 22, 2017 9:53pm
136 Views
Post# 26733606

Ontario Considering Marijuana Lounges

Ontario Considering Marijuana Lounges

Ontario's cannabis legislation framework released earlier this month called for a limit on consumption in "private resdiences".   Licensing in designated spaces is the next logical step forward.  If you can only consume cannabis in private dwellings, it would create a number of issues for people visiting the province or living in rentals or condominiums where there are no designated areas to consume cannabis.  These lounges would not sell cannabis but provide a place where someone could go after purchasing their cannabis from a CCBO outlet.  

Andrew Rudyk with the Ministry of the Attorney General told Marijuana Business Daily that Ontario’s “cautious approach” involves the consideration of licensed cannabis lounges.

He said the province is “consulting more on those decisions yet to come – this includes potential licensed establishments for consuming cannabis.”

“We plan to continue consulting with municipal partners, the Alcohol and Gaming Commission of Ontario, the enforcement community and other stakeholders about the possibility of introducing designated establishments and venues where recreational cannabis could be consumed after legalization has been implemented,” he said.

Both Colorado and Nevada, which initially limited cannabis to private residences are considering allowing cannabis clubs.  Nevada is watching what Colorado does before taking action on the issue of lounges.  

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