A Canadian company says that it has developed the only tech-driven, prefabricated shipping container retail store concept, and it has plans to disrupt the mainstream retail approach by bringing legal cannabis to more markets and destinations otherwise underserved.
The third and final instalment in a three-part analytical series of the Canadian cannabis market by retail expert, Bruce Winder. In this section, Winder discusses the opportunities in the Canadian cannabis market and concludes his analysis.
The second in a three-part analytical series of the Canadian cannabis market by retail expert, Bruce Winder. In this section, Winder continues his discussion of the challenges facing the cannabis market.
Other News: New 80,000 sq ft home furnishings centre opens in Toronto, Square One’s ‘Market District’ embraces independent vendors, 12,000 sq ft Rogers experience centre opening at Canada’s busiest pedestrian intersection.
A flood of store closing announcements this year are causing concern to the industry, while international retailers continue to enter the country seeking a piece of the pie. Despite economic and other challenges, there are bright spots.
How the Ford government decides to regulate retailers will have a major impact on how many retailers will get into the business — potentially thousands of distribution points are possible in the province, in contrast to just 51 in Saskatchewan and 30 in Newfoundland.