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Victoria cannabis dispensaries to hold massive sales before legalization

Local shops will need to clear their shelves to make room for government-issued products
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Trees opened their fifth location on August 30. Three weeks up, and another three weeks more until cannabis is legalized, the store is about to submit their provincial licensing application and prepare for significant change. (Nicole Crescenzi/B次元官网网址 Staff)

Cannabis enthusiasts may have noticed a new shop in the heart of Cook Street Village. Trees opened up its fifth dispensary on Aug. 30. While itB次元官网网址檚 only been open three weeks, in another three the shop is expecting some big changes B次元官网网址 including preparing for a massive sale of its products.

October 17 will signal the national legalization of marijuana, but thatB次元官网网址檚 only the beginning for those in the business.

B次元官网网址淭hereB次元官网网址檚 going to be significant change, but not just on that day,B次元官网网址 said Trees director and general manager Alex Robb.

Cannabis legalization will not automatically give dispensaries the green light; they must still put forward provincial applications to become retail outlets for products from the British Columbia Liquor Distribution Branch (BCLDB) which will require further inspections and protocols.

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That, Robb said, has been a very slow process.

More than 100 applications are currently in across the province but only one dispensary, located in Kamloops, will be legally operating come Oct. 17.

B次元官网网址淭his is more on the B.C. Government, but they didnB次元官网网址檛 even know they would be governing this until way after the May election,B次元官网网址 Robb explained. B次元官网网址淭heyB次元官网网址檝e had to create a whole bureaucracy, hire a new public company B次元官网网址 as well as hire an entire team.B次元官网网址

He noted different municipalities are also only now just packaging together rules on how to accept applications for legal storefronts, adding to the backlog.

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For Trees, however, Robb felt confident since Victoria created an application process in 2016. So, the Cook Street location is now finalizing their provincial application, which will still take months to process.

Part of the approval process will be a thorough inspection where no cannabis products are permitted on premises.

B次元官网网址淎t that point, all existing product will be cleared off the shelf, and then after the inspection, we will restock,B次元官网网址 Robb said. B次元官网网址淲e aim to time it properly and hope to sell most of our product and then avoid the grey market and buy from the BCDLB.B次元官网网址

This means that as stores across the province face their inspections, store-wide sales can be expected to make profit on items that canB次元官网网址檛 be sold later.

B次元官网网址淚 do expect there will be a clearance sale,B次元官网网址 Robb said. B次元官网网址淏ut itB次元官网网址檒l have to happen store by store because each one has an individual application.B次元官网网址

While no date has been set for the inspection, Robb guessed it would likely happen between January and March 2019.

nicole.crescenzi@vicnews.com


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