(This story has been updated to note that the data presented is as of March 31.)
A relatively new class of federal marijuana licenses for smaller businesses in Canada is proving to be more appealing to entrepreneurs in Ontario than in British Columbia – home to most of the country’s craft cannabis industry – largely seen as a reflection of trends in standard licenses.
Micro-class licenses were introduced by the federal government last year. The licenses appeal to smaller businesses, though they still come with a hefty price tag.
As of March 31, Health Canada had received micro-license applications – for cultivation, processing or both – for 150 sites.
Ontario-based businesses lead with 41 applications, followed by British Columbia (36) and Quebec (34).
No licenses had been awarded as of that date.
Sherry Boodram, CEO and co-founder