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Aurora Cannabis Inc
Symbol ACB
Shares Issued 1,168,189,723
Close 2020-02-11 C$ 2.05
Market Cap C$ 2,394,788,932
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Globe says Canopy, rivals hear Ontario mulling pot bars

2020-02-11 08:26 ET - In the News

See In the News (C-WEED) Canopy Growth Corp

The Globe and Mail reports in its Tuesday edition that Ontario is mulling allowing cannabis consumption lounges as well as permits for consumption at festivals and events across the province. The Globe's Mark Rendell writes that the Ontario government began a public consultation process on Monday, using a survey to gather feedback on "cannabis consumption establishments" and "special occasion permits." Currently, weed users in Ontario are allowed to consume in private residences and in most outdoor spaces, but not inside enclosed public spaces or commercial establishments, where smoking and vaping are prohibited by the Smoke-Free Ontario Act. The government is not considering changes to the Smoke-Free Ontario Act, it said on Monday, suggesting that any cannabis lounges or cafes would be focused on serving cannabis-infused edibles, such as chocolates and drinks. Edibles-only cafes would also have to navigate federal rules that only allow cannabis to be sold in approved packaging. The consultation period, which ends March 10, is the latest attempt by the Ontario government to improve the business environment for province's cannabis retailers and growers, many of whom are struggling to compete with the black market.

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