AGCO published the regulations of the Cannabis License Act

By November 15, 2018Techpos_news
AGCO-Ontario

The Regulations of the Cannabis License Act 2018 for Ontario have now been published. The following is a brief summary of key important regulations:

Permissible hours of operation

A cannabis retail store is authorized to be open to the public between 9:00 a.m. and 11:00 p.m. on any day.

Preventing entry of individuals under 19 years of age

The holder of a retail store authorization shall ensure that no individual who appears to be under 25 years of age is permitted to enter the cannabis retail store.

Retail operator licence, compliance with tax laws

A person is not eligible to be issued a retail operator licence if any of the following circumstances apply, as confirmed by the Ministry of Finance for the purposes of the application for the licence:

1. The person is in default of filing a return under a tax statute administered and enforced by the government of Ontario, or of paying any tax, penalty or interest assessed under any such statute for which payment arrangements have not been made.

2. If the person has a business number with the Canada Revenue Agency, the person is in default of filing a return under the Taxation Act, 2007, the Income Tax Act (Canada), Part IX of the Excise Tax Act (Canada) or an Act of another province or territory that imposes a tax on corporations and is administered and enforced by the Canada Revenue Agency.