New Foundland and Labrador Cannabis Retail Licence
Newfoundland and Labrador have adopted a private retail model, and the sale of recreational cannabis is being conducted through private retailers licensed and regulated by the Newfoundland and Labrador Liquor Corporation (NLC).
The NLC maintains absolute control of the sale, distribution, delivery, and pricing of cannabis products, and operates Newfoundland and Labrador’s only legal recreational online store Cannabis NL.
There are currently 25 dispensaries in Newfoundland and Labrador, whose locations were chosen based on population and accessibility. Depending on sales, it is expected that additional Newfoundland and Labrador retail locations will open up in the near future. Prospective retailers can only apply to become a Licensed Cannabis Retailer (LCR) when the NLC issues a Request for Proposal for LCRs based on an increase in consumer demand.
While it is difficult to break into the Newfoundland and Labrador cannabis retail landscape, it is expected that new opportunities will open up once the recreational cannabis market matures. When that happens, CannDelta will be here to help!
- Reach out today for a free consultation on how to get started on your licensing application! Click on your province below to see the most up-to-date legal requirements for cannabis retail store licenses in your region.
By this point, you’re probably wondering, “How much does it cost to open a dispensary in Newfoundland and Labrador?” Download our free e-book below for all the answers you’ve been looking for.
