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Ontario's Cannabis Retail License Lottery Results Announced

Ontario has announced the first 25 companies that can apply for cannabis retail licences in the province.

Canada Toronto
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TORONTO -- Ontario has announced the first 25 companies that can apply for cannabis retail licences in the province.

The Alcohol and Gaming Commission of Ontario says Tripsetter Inc., The Niagara Herbalist and Pure Alpha Holdings are among those that have been selected through a lottery.

The agency accepted expressions of interest for the licences earlier in the week.

Those selected have five business days to turn in their applications along with a $6,000 non-refundable fee and a $50,000 letter of credit.

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