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Ontario government releases cannabis regulations for retail stores set to open in April

Click to play video: 'Business professionals look to profit from marijuana legalization'
Business professionals look to profit from marijuana legalization
WATCH ABOVE: A cannabis legalization celebration of a different variety, as industry professionals come together to discuss how to make some green off of the end of prohibition. Kamil Karamali reports. (Oct. 17) – Oct 17, 2018

TORONTO – The Ontario government has released regulations that will guide the startup of private cannabis stores on April 1.

The stand-alone stores can be open any day between 9 a.m. and 11 p.m., but they must be at least 150 metres away from schools and bar entry to anyone under 19 years old.

A market concentration limit of 75 stores per operator has been set.

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Until April, cannabis can only be legally purchased from the online Ontario Cannabis Store.

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Applications for licences will begin on Dec. 17 and illegal cannabis retailers who were operating after legalization on Oct. 17 will not be eligible to receive cannabis sales licences.

Licences won’t be issued to any person or organization who has an association with organized crime, and applicants must demonstrate their tax compliance status to show they are in good standing with the government.

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