Ontario’s pot shop lottery

The Ontario government (in Canada) has allotted the first 25 pot shop licenses by lottery.

Nearly 17,000 applicants participated in the lottery to win the right to apply for a licence to run one of Ontario’s first cannabis shops.

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The province has temporarily limited the number of stores to 25 because of a shortage of pot. Politicians decided that a lottery was the fairest way to decide who could first apply for the licences.

The lottery was a blow to entrepreneurs who already had plans to open shops under way. Some had signed leases and completed branding and store designs.

At least half a dozen companies, including Ottawa’s National Access Cannabis, planned pot-shop chains or franchise operations.

Those big players found themselves at the mercy of chance, just like everyone else who paid $75 to enter the lottery. It didn’t appear that any of the big players won the lottery.