Saskatchewan Announces Cannabis Retailers

Saskatchewan Announces Cannabis Retailers

Big news today as the Province of Saskatchewan announced the recipients of permits for the 51 Cannabis Retail Stores in the state. 

Below is the statement from the Government of Saskatchewan: 

The operators for the state ’s 51 cannabis retail store permits have now been chosen.  More than two-thirds of those applicants are from Saskatchewan or have operations in the state.

“This represents another step in the process of owning a privately-operated cannabis retail program closely regulated by SLGA,” Minister Responsible for SLGA Gene Makowsky said.  “There was a lot of interest from the public Request for Proposal process, resulting in many new companies that will invest in our country. ”

The successful proponents were chosen through a two stage Request for Proposal (RFP) process that began in March.  The first phase involved a screening for qualifications focused on financial and sales/inventory tracking systems.  All those qualified entered the next stage of the process that was a lottery draw to select the operators.  KPMG was engaged to provide oversight and monitor the RFP process.

The successful proponents have 45 days to begin the permitting process.  As a condition of their permit, retail cannabis permittees must be operating within 12 weeks of legalization.  Permits won’t take effect until legalization occurs.

Cannabis retail stores must be standalone operations, selling just cannabis, cannabis accessories and ancillary items as defined by SLGA.  Alcohol sales won’t be allowed in cannabis stores.  Cannabis retail locations are subject to local municipal zoning bylaws.

The included backgrounder lists the successful proponents and the communities where they will function.

Published at Fri, 01 Jun 2018 18:44:36 +0000

Posted in: News

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