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Cannabis Corner: Get set for more pot shops to open in Ontario

Stockhouse Editorial
0 Comments| August 21, 2019


The second big wave of cannabis retail rollouts is set to kick off in Ontario. The province said it will soon announce the results of a second lottery awarding another 42 licences to open cannabis stores later this year.
 
To participate in the lottery, applicants must meet certain pre-qualification requirements including a $50,000 letter of credit and show they have secured sufficient retail space. According to the Alcohol and Gaming Commission of Ontario, the lottery results are expected to be announced later today.
 
To read more, click here.

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