As far as Chris Jones is concerned, sometimes you have to go small to make it big. The veteran marijuana retail operator is wagering that small, convenience-style locations are the key to sustainable retail profitability in Ontario, the largest recreat…
Ontario Cannabis Store
Provincial windfall from Ontario Cannabis Store seen rising to CA$170 million
Ontario’s monopoly cannabis wholesaler and online retailer, the Ontario Cannabis Store (OCS), is forecasted to contribute 170 million Canadian dollars ($135 million) to provincial coffers for the 2021-2022 fiscal year, according to Ontario’…
Ontario Cannabis Store appoints sixth president in three years, raising industry concern
The executive turntable at the Ontario Cannabis Store (OCS) is spinning again, with the provincial wholesale monopoly and online retailer about to get its sixth president in three years. The rapid executive turnover has some industry watchers concerned…
Ontario Cannabis Store CEO: More stores needed in underserved markets
The chief executive of the Ontario Cannabis Store (OCS) said growing regulated recreational marijuana sales in Canada’s most-populous province depends on more brick-and-mortar stores opening in certain communities. OCS President and CEO Thomas Ha…
Ontario cannabis stores can still offer pickup, delivery during lockdown
Brick-and-mortar cannabis stores in Canada’s largest recreational marijuana market are still permitted to offer home delivery and curbside pickup during a government stay-at-home order, although their operating hours have been restricted and cons…
Ontario cannabis wholesaler hails ‘single largest jump’ in legal market capture
Residents of Canada’s biggest province by market size are buying more and more cannabis from the legal market, says the Ontario Cannabis Store (OCS) in a new quarterly report. Legal cannabis comprised 36.2% of all marijuana purchases in Ontario f…
Ontario government cannabis prices beating illicit market, report says
Ontario’s government-operated Ontario Cannabis Store (OCS) claims it is undercutting illicit marijuana prices with an average price of 7.05 Canadian dollars ($5.30) per gram of dried flower, taxes included, during its first fiscal quarter. In com…
Change afoot at Ontario Cannabis Store with new CEO, board members
The Ontario Cannabis Store has its second interim chief executive in the space of one year, after the province’s exclusive cannabis wholesaler announced the sudden departure of CEO Cal Bricker on Monday. Bricker held one of the most important job…