11 Ontario Cannabis Stores Hit With Fines For Missing Opening Date

Opening a cannabis store in Ontario just got more expensive.

As we reported last year, the Ontario government decided  to issue just 25 licenses for private cannabis retailers in what it called a ‘phased approach’. Prospective business owners had to pony up a minimum of $10,000 in fees.

Now, the Canadian Press reports that eleven of the initial twenty-five retailers have been fined $12,500 each for not being open by April 15.

And that’s not all: If the stores aren’t open by the end of this month, they stand to face further penalities. 

At present, cannabis can be purchased in Ontario at 13 brick-and-mortar stores, or online.

Latest.

At the third annual Hall of Flowers (HOF), a business-to-business cannabis industry trade show, concentrate company Pluto soft-launched its first (and limited) edition vaporizer, the Hani Stone, in collaboration with the design and tech driven hardware company, Hanu Labs. Pluto emerges from the same minds who launched the mental health and wellness-oriented CBD brand Hilani. But Pluto aspires to move beyond the terrestrial realm of wellness, and transport consumers to a world unhindered by time constraints and abounding in a diversity of characters peacefully coexisting.

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