Waterloo region's pot business wants Ontario to allow private retailers to sell

According to reports, Ontario will allow private retailers to sell marijuana once it becomes legal on Oct. 17 and pot producers in the region are thrilled at this prospect.

Woodworth said although the regulatory regime set up by the government is "very useful and serves animportant service," it is still "very controlled."

"When provinces step in and add in layers of control, it can almost become prohibitive for end users and that's exactly what we want to avoid," he said.

Buck Young, the co-founder and manager of CannTx, a marijuana producer based in Kitchenersaid this possibility will "translate into better products, services and prices for consumers."

Young said this allows individual retailers to decide which products to carry andrespond to local trends and demands that a province-wide distributor might otherwise not be interested.

"Certainly this is good for producers likeCannTx," he said, adding it will benefit his business.

Ryan Clark, the manager of the Cannabis Supply Company, which has five marijuana clinic locationsin southern Ontario said he is also happy to hear news of this possibility.

"The majority of Canadians prefer the private dispensary model so we're very excited that our new premier is going to be more realistic with the distribution of cannabis in the near future," Clark said.

All three companies said they will considerexpanding their businesses to sell if Ontario follows through with this plan.

A source in the provincial government told the Globe and Mail that Finance Minister Vic Fedeli and Attorney General Caroline Mulroney are expected to make an announcement as early as next week to outline a plan to let the private sector own and operate cannabis shops.

The provincial government wouldn't comment on the details, but a spokesman for the Ontario Ministry of Finance said the province will be ready by the time marijuana is legal in October.