You are here
Home 🌿 Recreational Marijuana News 🌿 Canada's largest cannabis company has its eye on new London store 🌿Canada's largest cannabis company has its eye on new London store
Canada's largest cannabis company plans to open London's second brick-and-mortar cannabis retail store at a commercial plaza on Wellington Street South north of Bradley Avenue.
Smith Falls, Ont.-based Canopy Growth plans to open the store at 1025 Wellington Street South under its Tweed brand, pending approval of its application by the Alcohol Gaming Commission of Ontario.
The application has been filed through a numbered Ontario company, which is registered to a duplex in Toronto's Steeles Avenue and Leslie Street area.
The location of the proposed London Tweed store would be just down the street from 879 Wellington Street South, where London-based marijuana producer Indiva had plans to open one of 10 stores in Ontario, before the rules were re-written in December by Ontario's Progressive Conservative government.
The proposed London Tweed store comes nine days after Central Cannabis sought authorization from the AGCO for London's first cannabis retail store at a commercial plaza at 666 Wonderland Road, north of Oxford Street in the city's west end, potentially putting two of Ontario's first 25 private cannabis retail licenses in London.
The application by Canopy Growth now enters a 15-day public notice period where members of the public or the municipality can file an objection or a written submission on the proposed location.
Canopy Growth also announced Thursday that it had acquired Storz & Bickel, a European vaporizer design and manufacturing firm based in Tuttlingen, Germany for the equivalent about $380 million Canadian dollars.
The German company holds at least 17 filed patents. Canopy Growth said the technology will enable it to develop new products for cannabis consumption.
Officials from the company were not available for comment Thursday.
420 Intel is Your Source for Marijuana News
420 Intel Canada is your leading news source for the Canadian cannabis industry. Get the latest updates on Canadian cannabis stocks and developments on how Canada continues to be a major player in the worldwide recreational and medical cannabis industry.
420 Intel Canada is the Canadian Industry news outlet that will keep you updated on how these Canadian developments in recreational and medical marijuana will impact the country and the world. Our commitment is to bring you the most important cannabis news stories from across Canada every day of the week.
Marijuana industry news is a constant endeavor with new developments each day. For marijuana news across the True North, 420 Intel Canada promises to bring you quality, Canadian, cannabis industry news.
You can get 420 Intel news delivered directly to your inbox by signing up for our daily marijuana news, ensuring you’re always kept up to date on the ever-changing cannabis industry. To stay even better informed about marijuana legalization news follow us on Twitter, Facebook and LinkedIn.