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Activate your 30 day free trial to continue reading. One huge benefit for the vendor is that since the sale proceeds are subject to capital gains treatment, individual shareholders may be able to take advantage of their lifetime capital gains tax exemption which is currently at $880,000. After a gradual initial rollout, the Ontario government is now aiming to approve dozens of cannabis retail stores each week, with the goal of approving 1,000 stores across the province by the fall of 2021. This blog summarizes the main requirements for opening and operating a cannabis retail store in Ontario. Citing a national shortage in cannabis supply, in December 2018 the Ontario government decided to take aphased approachfor the number of retail stores and locations in the province. The AGCO began by awarding 25 store licenses through lottery in the initial phase starting April 1, 2019.A second lottery was held on August 20, 2019 which awarded 42 more retail store licenses. More Bonuses.

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The proposed legislation, which will be introduced on Thursday, also leaves the door open for the province to restrict how many licences a single entity could hold, but no number has been set.. If you’re looking to learn all about the medical properties of marijuana and medical marijuana laws, then A NORML Life is the perfect documentary to watch. © 2022 Cable News Network. Toronto Sun.

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Workplace rules regarding non-medical use of marijuana may be enforced through the application of the employer’s progressive discipline policy.. You can go through the 100 weed strains that we offer and find something that fits your personal preferences.