Ontario’s Cannabis Retail Lottery in Question After Year of Legalization
Ontario’s Cannabis Retail Lottery in Question After Year of Legalization
Ontario is thinking about changing the lottery system being used to award cannabis retail licenses after the first year of legalization saw only 24 outlets open, with critics panning the lack of access for consumers. The province has sold $216.8 million of cannabis in the first year of legalization according to analysis by BNN Bloomberg. However, the province has lost out on $325 million in economic activity and approximately $50 million in tax revenue due…
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