Cannabis Licence Halt Could Cost Industry $13 Million, 1,800 Jobs, Say Retailers

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Alberta’s moratorium on new cannabis stores is clobbering the fledgling retail industry, putting 1,800 jobs in doubt and possibly costing $13 million in wasted leases, say retailers. In a survey of 20 retail-linked organizations, 69 per cent of them disagreed with the move by Alberta Gaming, Liquor and Cannabis (AGLC) on Nov. 21 to suspend issuing store licences to better manage an inadequate supply of cannabis. The Alberta Cannabis Collective (ABCC), which conducted the study,…

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