First Legal Cannabis Shop Opens in Toronto

First Legal Cannabis Shop Opens in Toronto

Assessment

Interactive Video

Business, Life Skills

University

Hard

Created by

Wayground Content

FREE Resource

The video discusses the journey of entering the cannabis business, starting with the decision to apply for a lottery license. It covers the steps taken to build the business, including assembling a team, finding a location, and focusing on design. The decision to remain independent is explained, highlighting the importance of control and decision-making. Finally, potential supply issues are addressed, considering the demand and number of stores in Toronto.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

Why did you choose to operate independently rather than partnering with other retailers?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

How do you plan to manage supply and demand for your cannabis products?

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OFF