Facing Closure, Independent Shop Says No Money in Legal Cannabis

Finance minister says aware of concerns, and working on improving profitability.

As the doorbell at Thomas H. Clarke’s independent legal cannabis shop goes non-stop, its owner laments its looming closure.

“I did $1.4 million in sales, which is the highest sales of any retailer in Newfoundland, as far as I know. And I’m just barely scraping by,” Clarke said Thursday.

Nearly a year into legalization, Clarke says he may have to close his doors in Portugal Cove-St. Philip’s because the eight per cent commission on cannabis sales isn’t holding up — and he wants double.

– Read the entire article at CBC News.

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