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Ontario Cannabis Retail Corp. lost $42 million in the latest fiscal year, according to newly released public documents.
The provincial Crown corporation tasked with online sales and wholesale distribution of recreational pot reported revenues of $64 million for the year ended March 31, 2019.
Responding Friday to a request for comment from CBC Toronto, a spokesperson for Ontario Finance Minister Rod Phillips said initial startup costs were to blame for the financial loss.
This is insane. How the hell do you LOSE money selling weed?
originally posted by: DBCowboy
a reply to: projectvxn
Is this the same government in charge of their healthcare?