Opening and Starting a Cannabis Store
Guide By Cannabis Retail Licence Lawyer Harrison Jordan
Want to Open and Start a Dispensary? This is the Cannabis Lawyer & Consultant’s Guide on how to open a dispensary and start a cannabis retail store to sell recreational cannabis in Toronto or Ontario under the Cannabis Licence Act.
How Do You Get a Dispensary Licence in Ontario?
What is the Retail Operator Licence and Retail Store Authorization?
Do You Need a Consultant to Obtain a Retail Operator Licence and Retail Store Authorization Application?
However, Harrison Jordan is a Toronto-based lawyer & cannabis consultant that focuses exclusively on cannabis matters. He has multiple clients with cannabis retail stores. He has a nuanced understanding of the entire process and can help you from point A to Z.
What are the requirements to obtain a Retail Operator Licence (ROL)?
Background Review – If you are a shareholder, owner, part-owner, director or officer of the applicant, be prepared to file information related to your background and integrity. You will be asked whether you have been charged with any provincial or federal offences and whether you have ever declared bankruptcy, amongst other things. The AGCO can refuse a Retail Operator Licence or Retail Store Authorization in the event that the applicant, or a person “interested in” the applicant has demonstrated that there are reasonable grounds to believe that they will not be financially responsible, having regard to their financial history, or that they will not carry on business in accordance with the law, with integrity, honesty or in the public interest, having regard to past or present conduct.
TCV Number– You will need to obtain what is called a TCV number from the government when you apply for the Retail Operator Licence. Haven’t generated more than one TCV Number I can take care of that for you.
Corporate Documents – You will have to attach your company’s articles of incorporation and it is a good idea to attach any By-Laws, as well as Shareholders Agreements.
Details of Shares – Each shareholder holding 10% or more of the shares must be disclosed.
Tax Return and Assessment & Financial Statements – The applicant’s financial statements must be uploaded unless it is a new company. All individuals required to fill out
How much does it cost to open a dispensary?
How much money does a dispensary in Ontario make per year?
What is the Inspection and how do I pass them?
In addition, they may want to confirm with you that the store cannot be entered from or passed through in order to access any other commercial establishment, other than a common area of an enclosed shopping mall. Entry points, such as doors and windows, must be secure.
You will then receive your Retail Store Authorization from the Alcohol and Gaming Commission of Ontario.
From there, you will need to sign up to OCS Wholesale, place your order, and stock the product when it arrives. Congrats, you’ve opened up a cannabis retail store!
How much does a dispensary licence in Ontario cost?
Why hire a cannabis retail licence lawyer?
I’m a Toronto-based lawyer assisting small businesses on how to set up a dispensary, including applying for Retail Operator Licence (ROL) and Retail Store Authorization Applications under the Cannabis Licence Act, from start to Inspection to OPEN. Call me at 647-371-0032 email me. One reason to call Harrison Jordan? I only focus on cannabis-related matters. You want someone on your side that understands the cannabis-related dimensions to your legal issues.
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