The Globe and Mail reports in its Tuesday edition that when entrepreneurs were signing leases for cannabis stores, most of them had no way to know whether another entrepreneur had signed a lease for a cannabis store nearby. The Globe's guest columnist Chad Finkelstein writes that when licensing was opened to the general public in Ontario, the Alcohol and Gaming Commission of Ontario was overwhelmed with applications and communicated that applicants should expect a processing time of 12 to 18 months before a retail licence could be issued. This led to an issue of scarcity. This scarcity led to perceptions of exceptional profitability in cannabis store ownership. Licences are no longer scarce, and provincial regulators have seen a dramatic decrease in the number of applications submitted. Many stores are not making enough money to be profitable. There are simply too many of them. Gone are the days of purchase price premiums and knowing overvaluations. A considerable volume of store owners are selling for cents on the dollar just to be relieved of their lease obligations and liabilities. Landlords now view potential cannabis store tenants with skepticism. This market will self correct, as all markets do.