London council committee backs private marijuana sales – London

London’s Community and Protective Services Committee (CPSC) voted unanimously in favour of allowing private retail of marijuana in the city.

The decision goes to city council next week. If it follows suit, Londoners will be able to buy their pot in person once the province legalizes brick and mortar stores in April.

New London councillor says decision to opt-in to private marijuana retail an easy ‘yes’

As of right now, the only way you can get legal pot in Ontario is to buy it through the government’s website.

Under the Ontario Cannabis Licence Act, municipalities have until Jan. 22 to decide whether they want brick and mortar stores in their communities.

Canada’s legal cannabis market needs 2 years to stabilize: analyst

Municipalities that opt-out can later reverse that decision, while those that opt-in cannot go back.

Those that opt-in will also receive a certain portion of the federal excise duty.

If the province reaches $100 million in its portion of the duty over the first two years of legalization, 50 per cent of anything above that will be split between the opt-in communities.

WATCH: Designing a cannabis retail store


© 2018 Global News, a division of Corus Entertainment Inc.

Source link

Content Source

Global News
Global News offers Canadians from coast to coast a host of news and information – from breaking news in their town or city to deep engaging content that puts complex world issues in perspective. Our 11 local sites provide up-to-the-minute community-based news, weather and information, while our new umbrella national site features stories, analysis and deep, engaging content about issues in Canada and abroad.

Leave a Reply