GREY:YSSCF - Post by User
Post by
BurnyBoyon Nov 22, 2018 9:53am
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Post# 29009248
News. What does that mean?
News. What does that mean?https://www.aldershotresources.com/wp-content/uploads/2018/11/18-11-21-Aldershot-Press_Release_re_AGLC__ON-FINAL.pdf
These two paragraphs:
In light of the November 21, 2018 announcement by the Alberta Gaming Liquor & Cannabis Commission (“AGLC”) that “due to the national shortage [of cannabis], AGLC is temporarily suspending accepting new applications and issuing any additional cannabis retail licenses”, Solo Growth will continue to allocate capital to its Ontario retail strategy.
In Alberta, Solo Growth has 25 license applications pending with AGLC, including the Vermilion YSS by Solo location which is complete and awaiting final inspection. We will focus on the highest profile locations of the 20 development permitted stores in Alberta, including locations in Edmonton (2), Calgary, Stony Plain (2), Grande Prairie (2), Spruce Grove and Lethbridge as well as finalizing construction on Vegreville and Lloydminster locations for AGLC inspections. Given the market opportunity in Ontario, Solo G
Does it mean that YSS can't open ANY stores, or that SOME of the stores can be opened because the applications were already accepted?
And what the hell kind of excuse is that? Not permitting store openings because of a shortage? Shortage means demand, so more stores are a good thing. There'll be places to buy the stuff once producers get their s*** together, no? They're protecting their friends who are already licensed, that's my guess...