And many municipalities, you’re not authorized – You will need to be separation of a particular distance involving a cannabis and a liquor. So it is exactly what it's. We’re fantastic.
James Burns: Of course, no, exactly. Ontario has introduced, as you are aware of, that they're going to check out A non-public cannabis retail community instead of the general public sector one that the prior authorities experienced decided on. There’s no specifics but regarding how that’s likely to be rolled out and just what any person retailer is permitted to do, and the like, but we are certainly ready and able to go for regardless of what routine they put in position. We’ve bought our real-estate, you know, an incredible partnership with landlords across the country, and Canada is Canada.
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Our stores are going to be termed Aurora, so We'll obviously, you already know, really make an effort to element Those people items, and Albertans specifically love to aid hometown. But we’ll even be a property of brand names; we’ll carry any products which in good shape the demographics of our clients, that our clients would like, which Aurora is totally good with, Which really encourage us.
James Burns: Effectively, it’s as much as – just about every province will likely be a little bit diverse, because in Alberta and British Columbia, the governments, the regulators, will be the types buying the merchandise in the suppliers, so it’s essentially their choice.
James West: Yeah. In Nova Scotia, the liquor store is hooked up to, like, one facet would be the liquor store, just one aspect will be the cannabis store, which I assumed was interesting simply because I believed Federally the mandate was not to have liquor available for sale in which cannabis was for sale.
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James Burns: Certainly, and we’re very pleased to take action. We consider, you understand, we’ve done our diligence too, and we experienced other choices of certified producers to have absent down the road with, and we ended up thrilled to acquire Aurora be the one which we last but not least arrived to conditions look at here now with in February simply because Alberta is Alberta.
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James Burns: Yeah, that’s The federal government and the government, so I assume they are able to do what they need. You recognize, we were being surely anticipating, we have plenty of spots in Alberta, and when we might have demised a wall down the middle and had half the store executing 1, half the store carrying out the opposite, it would've been more Price-successful, but that’s not permitted in Alberta.
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That’s totally adjusted now, so we possess the money to mature the most effective aspects of the liquor organization and, of course, to broaden into cannabis in Alberta, BC, hopefully Ontario, and any this province the place we’re ready to. Simply because We now have – the abilities is there; we contain the back again of dwelling currently in Edmonton, you recognize, one hundred fifty folks who understand how to run stores and who've all of the working day-to-day effort, that’s all arrange.
James West: Yeah. No, This can be the initially option I’ve seen within the cannabis market place where you’re a successful enterprise with major profits and presence, who pays a dividend. So it’s the initial cannabis revenue inventory.
So it’s a large obligation, but we’re thrilled they gave us that chance. So I feel we’ll each do really well by it.
James West: Oh, alright. So does one examine what’s going on in Ontario right this moment and type of have a look at and say, all right, right here’s our future possibility?
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