Canadian cannabis store count crosses the 1,000-mark less than two years after legalization
There are now over 1,000 licensed cannabis stores in Canada, as new stores in B.C. and Ontario push the store count into quadruple digits. Alberta continues to lead the country with nearly 500 cannabis stores in the province, although several analysts have said the market is saturated and that some stores recently had to close due to challenging conditions. There are also nearly 500 cannabis stores in Ontario waiting to be fully licensed by provincial regulators, with several industry observers expecting those stores to open as late as next year due to a backlog of authorization requests.