Winners of pot licence lottery announced

The province has revealed the first 25 companies that can apply for cannabis retail licences.

The Alcohol and Gaming Commission of Ontario says The Niagara Herbalist, Tripsetter Inc.,  and Pure Alpha Holdings are among those that have been selected through a lottery.

Those selected have five business days to turn in their applications along with a $6,000 non-refundable fee and a $50,000 letter of credit.
    
The licences are being divided regionally.

Five are going to the east of the province, seven in the west, two in the north, six in the Greater Toronto Area and five in Toronto itself.