Demand high for Saskatchewan’s 51 retail marijuana licenses

Interest in Saskatchewan’s leisure marijuana market is booming. The province acquired over 1,500 submissions for 51 licenses to promote leisure hashish within the province when it turns into authorized.

The licenses can be doled out by way of a lottery after an preliminary screening.

Saskatchewan’s business-friendly framework for leisure hashish gross sales calls for the institution of 51 privately owned shops in 32 communities no later than 12 months after legalization.

The variety of retail gross sales licenses will probably be capped for three years.

The profitable hashish retail permittees can be introduced “in the coming weeks prior to federal legalization,” in response to a information launch.

The Saskatchewan Liquor and Gaming Authority (SLGA) is accepting purposes for wholesale marijuana permits as properly.

The province’s guidelines will permit privately owned wholesalers to promote leisure hashish to retailers and different wholesalers, however not the general public.

Wholesale permits shall be topic to a charge of 5,000 Canadian dollars ($four,000) – CA$2,000 is a nonrefundable software charge and CA$three,000 is for the annual allow.

Producers licensed with the federal authorities can be required to register with the SLGA to promote hashish to Saskatchewan wholesalers or retailers.

The registration payment for these producers is CA$2,000.

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Categories: Briefs, Canada Marijuana News, International Marijuana Business News


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