While recreational cannabis was legalized across Canada in October, the first brick-and-mortar cannabis retail stores in Ontario won’t launch until April 1, 2019. That means if you want to be among the first cannabis retailers in Ontario, you still have time. In 2017, Canadians spent $3 billion on cannabis, more than what we spend on tobacco and about the same as we spend on beer. Clearly, cannabis represents a significant and rare business opportunity for ambitious entrepreneurs. However, cannabis sales are tightly regulated and to get started in this industry you will need to have the required government licences. Here.. READ MORE »
Cannabis is now legal in Canada, but don’t make the mistake of thinking that setting up a cannabis retail store is suddenly easy. Because of extremely strict government regulations, Canada is actually among the most difficult jurisdictions in the world to open up a dispensary. If you’re looking to set up a cannabis shop, doing it alone can be a daunting task. But tough regulations shouldn’t stop you from pursuing your dream of breaking into the lucrative cannabis industry. Statistics Canada estimates that in the last three months of 2018 alone, Canadians will spend more than $1 billion on cannabis… READ MORE »
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