August 10, 2018
Dear ABLE BC members and industry professionals,
We’re excited to let you know that the Liquor and Cannabis Regulation Branch (LCRB) has opened applications for non-medical cannabis private retail store licenses. Eligible applicants can now apply for a license by logging into the cannabis licensing application portal: https://justice.gov.bc.ca/cannabislicensing/
Other important details shared by the LCRB
Application timeline: Licenses cannot be issued by the LCRB until after the federal government legalizes cannabis on October 17, 2018.
“The province does not know how many applications for a cannabis retail store licence will be received. Therefore, it is difficult to predict how long applications will take to process. However, we expect the first licences will be issued in late October.”
Screening process: “To ensure provincial licensing helps address the province’s health and safety goals the process for screening applicants is rigorous and ensures proper due diligence.”
Municipal approval required: “Local governments and Indigenous nations will play a key role in providing comments and recommendations on licensing applications within their local areas. LCRB will not issue a provincial license if the local government or Indigenous nation does not provide a positive recommendation. Local governments and Indigenous nations will play a key role in this process and approval timelines may vary across the different local areas where applicants seek to operate.”
Avoid delays: To avoid delays in the application process, the LCRB recommends that all applicants ensure “your application is correct, complete, and comprehensively reviewed before it is submitted.”
Other license types: “Only applications for a non-medical cannabis retail store licence are being accepted at this time. The LCRB will consider other licence types-such as non-medical cannabis rural retail store licences and marketing licences-at a later date.”
Application materials and guidelines are available on the LCRB website at: www.gov.bc.ca/cannabisregulationandlicensing
Download ABLE BC’s free webinar from July 2018 – How to successfully prepare your cannabis retail license application: https://ablebc.ca/product/free-webinar-download-successfully-prepare-cannabis-retail-license-application/
For more information please visit the above links or contact email@example.com. You can also contact ABLE BC with any other questions or concerns you may have: 604-688-5560 or firstname.lastname@example.org.
LDB issues product call for non-medical cannabis and determines wholesale markup
Earlier today, the BC Liquor Distribution Branch (LDB) announced they are issuing a second product call as part of “a continuing effort to expand its wholesale product assortment for non-medical cannabis.”
Read the full announcement here: https://news.gov.bc.ca/releases/2018AG0063-001559
The LDB also announced that it will apply a 15% markup on the “landed cost of cannabis distributed throughout the province to retail stores and the LDB’s online store, when non-medical cannabis is legalized on October 17.”
The LDB explains: “The landed cost is the total price of a product or shipment once it has arrived at a buyer’s doorstep. It includes the original price of the product, transportation fees, duties, taxes, packaging and handling.”
Other important details shared by the LDB
- All cannabis retailers, including LDB-operated BC Cannabis Stores, will purchase cannabis at a common wholesale price.
- Retailers will be prohibited from pricing cannabis products below the wholesale price.
- BC Cannabis Stores and licensed private retailers will access the same wholesale product assortment. The process by which private retailers will access the LDB’s online sales portal will be released at a later date.
ABLE BC and our industry partners are evaluating the implications of this announcement. More to come.