Alberta has been the most successful province when it comes to making money of off cannabis.

As of August, there has been over $123 millions in sales with the province bringing in $30 million.

Heather Holmen is with Alberta Gaming, Liquor and Cannabis and says modeling rules closely after alcohol sales has worked well.

“The market will dictate what it wants to see. If consumers want to have more stores, chances are we are going to have more stores come up. But, obviously the economy will play a factor in how successful some of the stores are that come up.”

Meanwhile, BC municipalities are still waiting for a revenue sharing deal with the province. Finance Minister Carole James says it hasn’t really made any money making it difficult to have an agreement.

“We’ve been having that conversation with UBCM and we’ll get back to the table and continue to monitor the dollars that are coming in,” James said earlier this week on the The Jeff Andreas Show. “There may be some shifts as we look to edibles this coming spring, that’s the next step in the legalization piece, but we’re continuing our work on that committee with UBCM.”

Having a lot of options for consumers has certainly helped, according to Holmen.

“In Alberta, as of today, we currently have 282 licenses issued to prospective retailers. Not all of those stores may be in operation right now because some licenses would have been issued as early as this week. We have 32 federally licensed producers that are licensed by Health Canada that provide product” she noted, saying it will be up to the market place to determine how the province will move forward.

“The market will dictate what it wants to see. If consumers want to have more stores, chances are we are going to have more stores come up. But, obviously the economy will play a factor in how successful some of the stores are that come up.”