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Bullboard - Stock Discussion Forum Canopy Growth Corp T.WEED

Alternate Symbol(s):  T.WEED.DB | CGC

Canopy Growth Corporation is a cannabis company. It delivers innovative products with a focus on premium and mainstream cannabis brands, including Doja, 7ACRES, Tweed, and Deep Space, in addition to category-defining vaporizer technology made in Germany by Storz & Bickel. The principal activities of the Company are the production, distribution and sale of a diverse range of cannabis and... see more

TSX:WEED - Post Discussion

Canopy Growth Corp > Ontario Now Issuing 80 Cannabis Stores a Month
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Post by Kiluminati1984 on Dec 08, 2020 12:22pm

Ontario Now Issuing 80 Cannabis Stores a Month

The AGCO is now issuing 80 cannabis Retail Store Authorizations per month


Tuesday, December 8, 2020

The Alcohol and Gaming Commission of Ontario (AGCO) has continued working with the Government of Ontario to increase the number of cannabis Retail Store Authorizations (RSAs) that are issued eachmonth.

In September, the AGCO announced the government’s direction to double the number of RSAs issued per month, from 20 to 40. 

The government has provided further direction to double the pace of store authorizations once again, from 40 to 80 per month. The AGCO has increased the pace of authorizations to reach an objective of issuing 20 RSAs per week.

Over the next two weeks, AGCO Eligibility Officers will be contacting all affected retail store applicants directly – starting with the ones that have the most imminent RSA issuance dates – to advise them of the new anticipated issuance date of their storeauthorizations.

To date, the AGCO has received over 1300 RSA applications. It has issued 305 RSAs and 269 authorized cannabis retail stores are currently open in the province. There are currently over 1100 active RSA applications still to be processed.

View aninteractive mapof proposed and authorized cannabis retail stores across the province, as well as thecurrent statusof all Retail Store Authorizationapplications.

The AGCO is now issuing 80 cannabis Retail Store Authorizations per month | Alcohol and Gaming Commission of Ontario

Comment by WeedTheNorth on Dec 08, 2020 12:52pm
This is some great news!
Comment by Kiluminati1984 on Dec 08, 2020 2:31pm
It absolutely is!! 40 stores more a month is significant revenue!! Ontario is FINALLY getting it together:)
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