B.C.’s Eight-Store Limit Frustrates Vancouver Cannabis Entrepreneurs

During the summer, about nine months after Canada legalized recreational cannabis sales, the rollout of legal retail stores was still slowly blossoming in Vancouver — only seven stores were fully licensed and open.

Many were mired in the province’s lengthy application process. Thirty-five of the provincial licence applications being processed were intended for locations in Vancouver, the City of Vancouver told Business in Vancouver in July.

By October 2, only 14 stores in Vancouver had provincial licences.

A provincial licence is one of the three main requirements operators need to run a legal cannabis retail store. The others are a municipal development permit and a municipal business licence.

– Read the entire article at News.

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