Moratorium on Retail Cannabis License Applications Lifted in Alberta
The Alberta Gaming, Liquor & Cannabis (AGLC) has re-opened its doors and is accepting new applications for Cannabis Retail Stores as per the Information Bulletin released May 30th, 2019. The AGLC decided to lift their moratorium on accepting new retail license applications and issuing new retail licenses as a result of “a steady increase in [their] cannabis supply.” The agency indicated that it currently has contracts with 26 licensed producers to meet the demands in Alberta and are ensuring that a consistent supply be maintained in order to support its economic development and the success of its budding cannabis industry. In order to ensure the province’s retailers have a consistent supply of cannabis, the AGLC will be issuing five licenses on a weekly basis and will re-evaluate reinstating the moratorium if they foresee a change in shortage of inventory.
