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  • Local Businesses Wonder After Loblaw Takes 10 of 24 Cannabis Licences

    A business which has been short-listed to get one of the licenses from the Newfoundland Liquor Corporation to sell marijuana isn’t sure how things will play out between smaller companies and larger companies like Loblaw.

    The supermarket giant won 10 of the approvals yesterday, leaving Tier One companies which were set up specifically to sell cannabis wondering if they’ll be at a competitive disadvantage.

    Twenty-four proposed marijuana retailers are one step closer to becoming legalized pot shops, including TCH Distribution in Portugal Cove-St. Philips. Owner Thomas Clarke says it’s early days and there are still many unanswered questions. He would like to see the NLC improve on the eight per cent commission it plans to pay retailers.

    Clarke was surprised to see such a large number of Loblaw proposals accepted. He would’ve preferred to see local retailers accepted as Loblaw may use cannabis as a door crasher.

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