Connect with us

Legal Marijuana in Canada

Ontario cannabis retail lottery winner: Legal pot store in London to be called Tweed

Ontario cannabis retail lottery winner: Legal pot store in London to be called Tweed

One of the first legal cannabis stores in Ontario will carry the name of Tweed, the name of the cannabis grower in Smiths Falls.

A pot-shop lottery winner has applied to open a store in London, Ont., called Tweed, according to a notice posted Thursday by the Alcohol and Gaming Commission of Ontario. Residents and the municipality have 15 days to comment on the proposed location, which is in a strip mall at 1025 Wellington Road Unit A2.

london pot store tweed 1 - Ontario cannabis retail lottery winner: Legal pot store in London to be called Tweed

The right to apply for licences to run the province’s first 25 stores was determined through a lottery.

Cannabis growers such as Tweed were not allowed to enter the lottery. Even when more store licences are made available, licensed growers will be limited to operating one store at their production facility.

The province wanted to make sure the retail market was open for small businesses to have a shot at running a cannabis store. However, that has not precluded lottery winners from making deals with corporations to provide branding and help in creating and operating the stores.

Watch – How Canopy Growth/Tweed Saved Smiths Falls

london pot store tweed video - Ontario cannabis retail lottery winner: Legal pot store in London to be called Tweed

For instance, retail cannabis chain Fire & Flower has a branding and licensing deal with lottery winners that plan to open stores on York Street in Ottawa and on Brock Street in Kingston. Two other cannabis store chains that operate stores in Western Canada have licensing deals for a proposed Spiritleaf store in Kingston and a Nova Cannabis store in Toronto.

An Ontario numbered company is listed as the lottery winner that plans to open the Tweed store in London.

The rules around who owns retail cannabis stores vary by province, with some opting for government-run outlets. Manitoba, Saskatchewan, Alberta and Newfoundland have privately operated stores, while British Columbia has a mix of public and private.

london pot store tweed 2 - Ontario cannabis retail lottery winner: Legal pot store in London to be called Tweed

Ontario’s Conservative government ditched plans for government-run outlets in favour of privately owned stores, a change that delayed the opening of bricks-and-mortar shops. The province’s first 25 privately owned stores are supposed to open April 1.

Tweed already has a strong retail presence in some provinces that allow private shops. Tweed operates 10 stores in Newfoundland and Manitoba, and won the right to open five more in Saskatchewan, where initial licences were also awarded by lottery. Another store carrying the Tweed brand name but which is independently owned and operated opened last December in Regina.

Canopy Growth Corp., Tweed’s parent company, also owns Tokyo Smoke stores in Manitoba. Tokyo Smoke is owned by Canopy.

london pot store tweed 3 - Ontario cannabis retail lottery winner: Legal pot store in London to be called Tweed

Canopy Growth’s latest financial statement said the company is “exploring partnership opportunities to ensure consumers in (Ontario) can experience the distinct Tweed and Tokyo Smoke retail experiences while working within the provincial framework.”

In Ontario, so far 13 of the 25 lottery winners have posted proposed locations.

Two are in Ottawa: Superette on Wellington Street West and Byward Market Cannabis on York Street, which plans to use the Fire & Flower brand name prominently on its storefront.

Original Article – Ottawa Citizen

Related Posts
Up in smoke? Are the 25 Ontario Cannabis Licence Winners a total joke or case of sour grapes?

With almost 60,000 total lottery entries, 25 Ontario Cannabis Licence Winners announced today!

Buy Canadian Weed

HNH banner 600x600 3 1 1 300x300 - Ontario cannabis retail lottery winner: Legal pot store in London to be called Tweed

Community

join weed discord
WeedLoving 600x600 300x300 - Ontario cannabis retail lottery winner: Legal pot store in London to be called Tweed

Trending