Nova Scotia will be opening six new cannabis stores in April and May, adding to the current 24 NSLC retail cannabis locations across the province.
At least a few licenced producers in Ontario say they hope to open their new, on-site “farmgate” retail locations in the coming months. Thrive Cannabis in Simcoe says they are putting the final touches on their retail store, with hopes of opening by April 20. Dykstra Cannabis in St. Catharines says they hope to have their own on-site retail store open by the end of this year.
In this piece we conduct an overview of the cannabis retail scene in Ontario to get a sense of what it’s like to open up shop, what’s moving, how cannabis 2.0 impacted business, whether market saturation is of concern, and how COVID-19 affected operations.
As pot store approvals in Alberta continue to climb, several cannabis retailers in the province appear to have closed their doors, at least temporarily. However, several retailers and industry participants say they don’t believe Alberta is anywhere near reaching a saturation point for retailers.
While legalization has created many new opportunities for people who were not previously involved with the cannabis industry, British Columbia is unique in how many cannabis dispensaries and retailers have successfully made the transition from the illegal to the legal market.