The Manitoba government is moving forward on its plan for an open and competitive cannabis retail market, Crown Services Minister Jeff Wharton announced Friday.
“We are pleased to open the market further by allowing more retailers to apply for retail licences,” said Wharton in a press release. “This move will enable local entrepreneurs to create jobs and support Manitoba’s economy, which is a critical step as we work toward rebuilding Manitoba in the wake of COVID-19.”
Beginning June 1, the province is opening the cannabis retail application process to all prospective retailers, it was announced. This includes the introduction of a new controlled-access licence for retailers. Manitoba will also continue to offer age-restricted licences for retailers wishing to open stand-alone stores.
To become a retailer, applicants will be required to successfully complete the required application process, enter into a Cannabis Store Retailer Agreement with Manitoba Liquor and Lotteries, and be issued an applicable licence from the Liquor, Gaming and Cannabis Authority of Manitoba.
The minister noted that one location per applicant will be processed at a time and new entrants to the Manitoba market will be prioritized.
There are currently 30 stores with age-restricted licences in Manitoba. Retailers in this next phase will be limited to owning no more than 15% of stand-alone stores in Manitoba. This will be expanded as more stores enter the market.
“COVID-19 has presented challenges for all Manitobans, including local businesses,” said Wharton. “In launching this third phase of our retail strategy, we are keeping our promise to build a competitive cannabis retail environment and supporting Manitoba’s economic recovery.”

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Authored By: The Growth OpArticle category: Marijuana Business NewsRegional Marijuana News: North AmericaManitoba
READ MORE: https://420intel.ca/articles/2020/05/25/manitoba-opening-cannabis-market-more-retailers