Koby Smutylo leased 2 stores in Ottawa before government’s 25 licences cap.

An Ottawa cannabis entrepreneur who’s already leased two spaces for prospective stores says he’s frustrated with the Ontario government’s decision to cap the number of licences for retail pot shops.

The province initially said it would not limit the number of licences issued for retail stores, but it reversed course last week, saying it would take a “phased approach” due to “severe supply shortages” across the country.

Only 25 licences will be issued to private retailers by Apr. 1 during the “initial phase,” with a lottery system to determine which owners are eligible.

– Read the entire article at CBC News.

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