The Ontario government has released the results of its second lottery which will select operators hoping to run cannabis stores in municipalities across the province.
In Sault Ste. Marie, Thomas Miszuk has been selected to apply for one of 42 additional cannabis retail stores moving ahead in Ontario, the Alcohol and Gaming Commission of Ontario website states.
Under the process, the selected applicant can move forward in the process. Five other applicants were also drawn and appear on a ‘wait list’ for each region.
Applicants on the wait list will be moved to the selected list if those ahead of them are found to be ineligible for a retail operator licence or retail store authorization, or are otherwise disqualified under the allocation lottery rules established by government regulation, the website states.
According to the website, Miszuk lists the proposed address of a store at 317 Northern Avenue E., the same plaza as Domino’s Pizza.
The wait list also includes the names Cora Miszuk and VALVAC Corporation, also with the same proposed store addresses.
Another proposed store location is identified as 625 Trunk Road and coincides with three other applicants including an Ontario Inc. numbered company, Ofir Radovitsky and Norman Arias-Blanco.
AGCO senior communications advisor Raymond Kahnert said that at this point, “the locations are proposed only, and not approved to open.”
The selected applicant must now apply for cannabis Retail Operator Licence and a Retail Store Authorization under the process.
Under provincial regulations, eligible expressions of interest applications were randomly selected Tuesday using a third-party-certified AGCO lottery software program, monitored by KPMG.
Forty-two names were selected Wednesday, spanning across the province, allowing them to move forward with the process.
The applicants have already prequalified by meeting criteria that shows they have secured retail space that could be used as a store and that they have enough capital to open the store.
The lottery winners now have until Aug. 28 to pay licensing fees and provide a letter of credit for $50,000 to the AGCO. A licence is expected to follow and the new pot shops are expected to start opening in October.
“The AGCO will only licence applicants and authorize stores that meet all legal and regulatory requirements,” Kahnert said.
Earlier this year…