Global News published this video item, entitled “Ontario’s small cannabis retailers say new government regulation could push prices higher” – below is their description.
Small cannabis retailers are calling on the Ontario government to reconsider recent changes to industry rules that some businesses fear could crush mom-and-pop operations in the province.
In a New Year’s Day regulation, the Ontario government increased the cap on the number of stores a licensed company can operate in the province from 75 to 150.
According to the province, the change was designed to “further support a healthy and competitive” cannabis industry in Ontario.
Independent retailers, however, fear the change will only benefit a select few businesses that are already beginning to dominate the fledgling cannabis industry.
Global’s Colin D’Mello has more.
For more info, please go to https://globalnews.ca/news/10222443/cannabis-ontario-store-cap-changes/
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