Cannabis Canada Daily: How Ontario Lost $42M Selling Cannabis During Its Last Fiscal Year

Ontario’s cannabis crown corporation loses $42M last fiscal year Ontario’s government lost $42 million selling cannabis in its last fiscal year, according to provincial public accounts released on Friday. The losses come despite the Ontario Cannabis Retail Corporation, a crown corporation that operates the Ontario Cannabis Store’s online retail business and sells wholesale cannabis to the province’s private retail stores, generating $64 million in the fiscal 2018-2019 year. An OCS spokesperson said the agency wasn’t…

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