Indiva Inc (CVE:NDVA) (OTCMKTS:NDVAF) (FRA:T8RP) COO Koby Smutylo provides his opinion on the Ontario retail lottery process and outcome. Smutylo reveals that when the government initially released its written framework for cannabis retail operations, cannabis LPs could only have a 9.9 percent ownership stake in a retail outlet. To prepare for application deadlines, Smutylo launched Retail Go, in which Indiva is a 9.9% percent owner, to prepare for retail operations in Ontario. However, the Ontario government opted for a lottery system instead. While Smutylo notes it is unclear to what extent companies like Retail Go can work with lottery winners, Retail Go is open to that possibility. Smutylo warns of the difficulties ahead for the lottery winners, given the short time to become operational and lack of institutional support. Smutylo also reveals that the government has yet to provide guidance on whether LPs are still allowed to open one store at their production facilities. Indiva is particularly interested in this option as it believes its London, Ontario location is a viable retail option.

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