Toronto is seeing a ridiculous number of cannabis store applications
It's hard to walk down a thoroughfare in Toronto for any length of time without spotting cannabis retailers, which have beenpopping up all over the citysince soon after the sale of marijuanabecame legalmore than two years ago.
While there were only five legal weed stores open in Toronto in summer 2019 — all of which got licenses from the provincial government lottery — there are now more than ten times that many.
At the time of publication, the city has a staggering158 authorized pot shopsin various stages of formal applications, with53 of them already operating.
This is quite a lot for a city of 630 square kilometres, so if you've been surprised to seemultiple dispensaries on a single block,you're not alone.
Visualizing Toronto's retail cannabis stores;
— Ethical Grasshopper (@TheCanadianMike)September 2, 2020
wider GTA & city core from Eglinton South...
man, people like to cluster!
Grey: in process
Green: approved to openpic.twitter.com/SZLgiSdEy1
Many of the forthcoming storefronts are outposts of familiar brands, likeNova Cannabis,Friendly StrangerandTokyo Smoke,but there are also some new players, such asGreen Merchant Cannabis Boutique,which has applications for five different downtown locations currently in progress with the Alcohol and Gaming Commission of Ontario (AGCO).
Proprietors must secure a location and sign their lease before getting authorization from the commission, which has led to multiple companies setting up shop in close range of one another.
At the moment, six stores are in the "public notice" phase, during which written feedback from local residents is being accepted for a 15-day period.
Stores in the public notice phase include:
Another 106 are "in progress," meaning that the AGCO is currently assessing their applications.
The Danforth, Queen Street (both east and west), Bloor St. W, Dundast West, Spadina, Ossington and Yonge are popular areas, as is Kensington Market.
Among these applications are four locations of B.C. company Cannoe and four outposts of Kitchener dispensary Meta Cannabis, as well as two new Nova Cannabis outlets, five more Friendly Stranger storefronts, and six moreHobo Cannabisshops, which are presumed to open under the banner Dutch Love.
There is no telling how quickly these shops might be approved and when they would be able to open, but it's safe to say that Toronto's market will soon feel a tad over-saturated.
Hector Vasquez
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