Saskatchewan gives cannabis rec sales and wholesale to private sector

Saskatchewan’s adult-use marijuana can be bought in private brick-and-mortar shops and on-line, the federal government introduced, giving entrepreneurs within the cannabis area extra alternatives when sales start this summer time.

Saskatchewan is the final Canadian province to announce plans for marijuana sales.

However, main selections on residence cultivation, taxation, a minimal age for cannabis consumption and public-use laws are nonetheless up within the air.

Saskatchewan, with a inhabitants of about 1.1 million individuals, will problem about 60 retail permits to private operators within the first 12-18 months – with probably extra to come relying on demand.

Both wholesale and retail of cannabis can be carried out by the private sector and regulated by the Saskatchewan Liquor and Gaming Authority, in accordance to a authorities information launch.

Municipalities can choose out of getting a retail cannabis retailer of their group.

Saskatchewan’s retail plan is in stark distinction to Ontario, which plans to open 40 government-run shops for its 14.1 million individuals within the first yr.

What you want to know:

  • Screening for potential retail operators will contain demonstrated monetary capability and a capability to monitor and report stock.
  • Stores shall be allowed to promote solely marijuana, cannabis equipment and ancillary gadgets — which means co-location with alcohol won’t be allowed.
  • Neighboring Manitoba and Alberta additionally plan to hand marijuana sales to the private sector.
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Categories: Briefs, Canada Marijuana News, Dispensary/Retail Store Business News, Marijuana Stocks & Public Companies





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