Cannabis Xpress' founder Chris Jones' strategy for Canadian Cannabis stores involve small, convenient locations, initially targeting smaller local markets with less competition from existing stores.

At least 545 cannabis stores are currently licensed for business in Ontario, although Jones estimates that perhaps 60% of those stores are actually open. The province is now licensing as many as 120 new stores per month.

With so much competition, Jones believes it’s unlikely a given store can attract enough customers to justify a large retail footprint.

The Cannabis XPress Brampton location measures only 353 square feet in total, including the 80-square-foot shop floor for customers. Such a small store will require only one or two employees working at a time, thus reducing labor costs.

Guest:
Chris Jones, Founder Cannabis Xpress
https://www.linkedin.com/in/chrisjones1234/

Host:
Josh Kincaid, Capital Markets Analyst & host of your cannabis business podcast.
https://www.linkedin.com/in/joshkincaid/

Episode 704 of The Talking Hedge:
Your Cannabis Business Podcast.
​Covering cannabis products, reviews, business news, interviews, investments, events, and more.
https://www.theTalkingHedgepodcast.com

Music Info:
Song: Beat | Keep On | 2020
Artist: Milochromatic Beats
&
Song: Dark Trap Beats Hard Rap Instrumental | Gang | 2018
Artist: LuxrayBeats

Keywords:
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Josh is not an investment adviser. The Talking Hedge is long gold and silver. Listeners should always speak to their personal financial advisers.