The Alberta Gaming, Liquor and Cannabis Commission has lifted a moratorium on accepting new licence applications and issuing new retail licences.
The decision comes after the AGLC has seen a steady increase in cannabis supply.
Since legalization, the agency has granted licences to three Red Deer recreational cannabis stores: Green Town, Clarity Cannabis and Fire and Flower.
The AGLC website confirms a licence has been given to Green House Cannabis in Rocky Mountain House on 45th Street.
In November, the AGLC put on a temporary hold and stopped granting licences due to cannabis shortages in the province.
“Lifting the moratorium supports economic development and the success of Alberta’s budding cannabis industry,” the agency stated in a news release, adding it will continue to monitor the supply.
Should the stability of inventory take a drastic downturn, AGLC will evaluate reinstating the moratorium.
Currently, AGLC has contracts with 26 federally licensed producers from across the country and will work with any federally licensed producers that meet regulatory requirements.
mamta.lulla@reddeeradvocate.com
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