The Second Cup Ltd. announced that it is reviewing Ontario locations to possibly convert them into cannabis retail stores.
It was after Ontario’s Progressive Conservative government said it would allow private retailers to sell recreational marijuana starting next April that the company made the announcement.
Second Cup had has also revealed that it has a partnership with marijuana clinic operator National Access Cannabis in April to potentially convert coffee shops to retail stores under the brand Meta Cannabis Supply Co.
The companies say that the conversions rely on the condition of securing a retail license from provincial regulators, and approval from franchisees and landlords.
According to Second Cup, it has over 130 locations across Ontario that it plans to leverage to enter the cannabis space. National Access Cannabis says it has a target of opening 50 to 70 cannabis retail stores in Manitoba, Alberta and British Columbia in 2018.
