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AGCO Doubling RSA’s

After intense criticism from all sides, the Alcohol and Gaming Commission of Ontario (AGCO) will double the number of cannabis retail store authorizations (RSA’s) every month this fall.

The AGCO announced the changes on September 1, saying that at the direction of the government they would double the RSAs every month from 20 to 40. With approximately 440 stores waiting to open, this could take a huge chunk out of AGCO’s backlog and help keep unopened retailers in the black. The acceleration could more than double the number of retail stores by the end of the year, bringing the tally up to 310.

In December 2019, the AGCO opened the market to private retailers and since legalization has authorized 164 stores, and has a total of 150 stores currently running in the province.

Tags: AGCO (57), Alcohol and Gaming Commission of Ontario (15), Retail store authorizations (4)