B.C. has 173 paid applications for private cannabis-retail stores; 0 licences

New statistics show it is likely a pipe dream to have any private cannabis-retail stores by year’s end

Entrepreneurs have paid the B.C. government application fees for 173 potential cannabis-retail stores but none of those applications has been approved even conditionally, the B.C. government revealed October 11.

Data up to October 10 show that of the 173 paid applications, 111 have been deemed incomplete and 62 have been referred to local government or Indigenous First Nations.

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The region with the most applications is the Interior and northern B.C., with 72.

Surrey and the Fraser Valley stands out as the region with the fewest paid applications. Only 11 paid applications are in that region and seven of those were deemed incomplete. Four have been forwarded to local governments or Indigenous First Nations, the government noted.

Private cannabis retail licenses

Part of the explanation for the seeming scarce interest in opening a cannabis-retail store in Surrey is that the city is not yet accepting applications. It is unclear if Surrey, like Richmond, will refuse to allow any cannabis-retail stores to operate.

Cannabis Compliance Inc. vice-president Deepak Anand, on October 2 tweeted that he enquired about requirements that the City of Surrey has in order for an entrepreneur to get a cannabis-retail licence.

“At this time, we are not accepting applications and do not have any detailed information available,” the City of Surrey wrote to Anand in response. “We are working through number of issues [sic] related to the upcoming legalization of cannabis, and the retails [sic] sale of cannabis and therefore, ask you to review information available from the Province of British Columbia.”

The city noted that it will provide further updates early this fall.

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