Second Pot Lottery Closes, Fewer Applicants Anticipated

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Cities and towns in Southwestern Ontario will quickly obtain out irrespective of whether they’ll be dwelling to the any of the second wave of cannabis retail retailers opening in the fall.

Applicants vying for a shot at 1 of 42 marijuana retail licences had till Friday to submit an application to the Alcohol and Gaming Commission of Ontario (AGCO), the province’s pot regulator, with the winners to be announced on Aug. 20.

But 1 major cannabis lawyer says the monetary needs placed on applicants might be problematic, since lots of monetary institutions stay skeptical of the marijuana market.

– Study the whole report at News.



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