David versus Goliath battle expected in cannabis retail - News Summed Up

David versus Goliath battle expected in cannabis retail


Hopeful cannabis retailers are scrambling for a chance to open stores in Calgary, but there are fears many will not survive in what may become a crowded market. Brandon Lau, a Calgary commercial real estate agent who has facilitated leasing deals for 18 proposed cannabis shops in Alberta, said he expects a David-versus-Goliath battle will unfold between small and large retailers. Still, he said smaller shops may eventually carve out a niche with customer service and products not available in bigger stores. (Reid Southwick/CBC)Vlassis Douvis, whose family wants to open two cannabis retailers, said he's not intimidated by signs that Calgary's retail market may start with many players. "We'll make a good living, but if anyone expects to be a millionaire they're in the wrong business."


Source: CBC News April 26, 2018 09:56 UTC



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