More pot shops cropping up in airports, malls across Canada as retail competition grows
‘s Queen Street that some are calling for legislation to dictate how close to each other stores can be.
The proximity is amping up competition among stores and has some observers predicting closures are on their way as entrepreneurs realize owning a pot shop isn’t a guaranteed money-maker, when you’re in a crowded market. “The whole industry completely misunderstood what would happen because they thought the only barrier is legalization and once we’re legal, people will just buy,” said Joanne McNeish, a Ryerson University professor specializing in marketing.
But breaking into airports and malls could curtail some of the disappointment by helping companies stand out from other brands with a store on every street corner and by catering to time conscious customers.Cannabis retailer High Tide buying 2 stores in Ontario’s cottage countryShe believes these locations also help destigmatize cannabis for people who still see the substance as a stoner pastime or are intimidated by marijuana culture and terminology.
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