MJBizMag July 2021 - 27

© 2021 MJBizDaily, a division of Anne Holland Ventures. All rights reserved.
Data is current as of June 4, 2021.
operators telling MJBizDaily that they expect a significant
shakeout among retailers.
The Alcohol and Gaming Commission of Ontario, which
licenses cannabis stores, confirmed that it " anticipates that
1,000 (retail store authorizations) will be issued by Sept. 1. "
" I would say by the end of summer, you're going to see
shops in very saturated environments close down rapidly, "
said Katy Perry, founder and CEO of Ontario retailer Toke
Cannabis. " The market's just not big enough to support
them all. "
Ontario initially lagged in cannabis store rollouts but
recently overtook Alberta to become home to the most
marijuana retailers of any Canadian jurisdiction.
Denmark to Make Cannabis
Cultivation Law Permanent
Denmark's trial scheme for medical cannabis will be
extended beyond the end of 2021, when the temporary
program had been set to expire, the country's Ministry of
Health announced. The trial gives doctors the ability to
prescribe cannabis to patients and appropriately licensed
businesses the ability to grow and ship medical marijuana.
A majority of parliamentary parties agreed to make
permanent the ability for businesses to grow cannabis
for medical use-a welcome move for some Canadian
companies that operate production subsidiaries in
Denmark.
July 2021 | mjbizdaily.com 27

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MJBizMag July 2021

Table of Contents for the Digital Edition of MJBizMag July 2021

MJBizMag July 2021 - 1
MJBizMag July 2021 - 2
MJBizMag July 2021 - 3
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