Calgary cannabis firm WESTLEAF eyeing Saskatoon retail permits

A Calgary-based marijuana company says it has struck deals to buy two retail cannabis permits in Saskatoon, and hopes to use them to open stores in Stonebridge and the Broadway area.

Westleaf Cannabis Inc., which won a retail permit in Warman in the provincial draw last June, said this week it expects the stores will operate under its Prairie Records music-themed brand.

It’s unclear, however, when the transactions will close or when the stores will be open; the sales can only take place once the original permit holders clear all remaining regulatory hurdles.

“We believe that Saskatchewan provides for one of the most attractive privatized cannabis markets given the limited number of licences and the ability to sell online to the entire province,” Westleaf CEO Scott Hurd said.

“This is especially true in the province’s largest city, Saskatoon.”

The Saskatchewan Liquor and Gaming Authority has issued three permits in Saskatoon since recreational marijuana was legalized on Oct. 17.

read the full article at Saskatoon Star Phoenix