Cannabis Business Times' Best Cannabis Companies to Work For - 2027 Is Accepting Entries! Enter now.
Cannabis Business Times' Best Cannabis Companies to Work For - 2027 Is Accepting Entries! Enter now.
Alberta Cannabis License Halt Could Cost Industry $13 Million, 1,800 Jobs, Say Retailers | Cannabis Business Times

Create a free Cannabis Business Times account to continue reading

Continue to Site »
Site will load in 15 seconds

Alberta Cannabis License Halt Could Cost Industry $13 Million, 1,800 Jobs, Say Retailers

In a survey of 20 retail-linked organizations, 69 percent of them disagreed with the move to suspend issuing store licenses

Plant3
Adobe Stock

Alberta’s moratorium on new cannabis stores is clobbering the fledgling retail industry, putting 1,800 jobs in doubt and possibly costing $13 million in wasted leases, say retailers.

In a survey of 20 retail-linked organizations, 69 percent of them disagreed with the move by Alberta Gaming, Liquor and Cannabis (AGLC) on Nov. 21 to suspend issuing store licenses to better manage an inadequate supply of cannabis.

The Alberta Cannabis Collective (ABCC), which conducted the study, says retailers should be able to directly source cannabis from growers in some cases rather than go through distributor AGLC, and reduce barriers to growers who could supply Alberta.

Read more

Page 1 of 817
Next Page