Because the variety of new hashish outlets grows in Toronto, opening up a brand new one appears dangerous —possibly much more so if you’re subsequent to a preferred unlicensed dispensary.
Lagoo proprietor Levon Kostanyan tells blogTO it was a enterprise choice to open within the neighbourhood as it’s a good location with a lot of foot visitors.
“If I wasn’t going to take that location another person was going to,” Kostanyan says.
There are restricted locations to open resulting from regulations around cannabis shops proximity to schools.
“Even when somebody opens it’s going to be subsequent to Harbord Village as a result of you possibly can’t open some other place,” Kostanyan says.
He is aware of of one other licensed hashish store opening in the identical space quickly and there could also be extra. He’s experiencing an identical state of affairs along with his first Lagoo store, which opened not too long ago in Tillsonburg the place are six shops.
“It is doing okay,” he says.
He selected the situation on Harbord as a result of is aware of the neighbourhood effectively as he lived within the space.
Being subsequent to CAFE is not nice as a result of they promote cannabis edibles with a lot increased TCH and CBD ranges and in addition function as a espresso store in addition to a dispensary. They will additionally make use of advertising campaigns that licensed outlets are usually not allowed to do — resembling giveaways.
“That is not truthful for us, we will not try this,” Kostanyan says.
It’s also not supreme that there so many hashish outlets however Kostanyan began the applying course of in September and it took longer than anticipated. It’s too late now to vary course. He feels it can work out.
“I’m not fearful anymore about what number of shops there are.”
He plans to open the 1,700-square foot location within the basement by Almond Butterfly on Harbord, the tip of August.