It was perfectly foreseeable that the initial licenses, handed out in the miserly manner of taxi badges, would begin to change hands for fairly significant sums the second it was possible
Some sellers, like Bigioni, intend to reinvest their lottery winnings in new stores, having learned the newly legitimate trade and made a decent go of it. Some, the CP story has an expert speculate, may have been relatively naive people who had a rational response to what was explicitly called a lottery, and are just collecting the cash value of retail properties they never intended to operate in the long run.
Ontario, with more than three times Alberta’s population, has authorized about 130 licensees to open for business so far. The Alcohol and Gaming Commission of Ontario, Ontario’s provincial agency in charge of licit sins, has promised to try to approve 20 licence applications a month going forward, since the government noticed late last year that the growth in the legal market was crawling and there were still a lot of unlicensed dispensaries and other outlets open.
None of this, however, is the lottery winners’ fault. In a sense, the CP story is “lottery winners won lottery.” It was perfectly foreseeable that the initial licences, handed out in the miserly manner of taxi badges, would begin to change hands for fairly significant sums the second it was possible. Indeed, Bigioni seems to have arranged for her buyer to hold some sort of option at the time she won the lottery, and the Vancouver company helped advise her along the way.
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