Business and commercial: High-end cannabis lounge to open in 2020

The world is changing for the well-heeled. In addition to swanky lounges where the upper crust can enjoy a high-priced designer cocktail at the end of the day, they will soon be able to order an expensive strain of marijuana edibles at a posh cannabis lounge set to open in 2020. This lounge will be the first of its kind in Ontario and with its opening, the business and commercial world will likely be bracing for more of the same. The 8,000-square-foot space will be located in downtown Toronto.

The project will be MoCanna's first major foray into the commercial cannabis world. The lounge, called byMinistry, is expected to offer its clients three separate cultural experiences. There will also be areas designated for drinking and dining, cooking classes and workshops with guest chefs. The owners say they have the opportunity of creating a flagship enterprise upon which others may be modelled, and they want to do it right.

The company hasn't released the name of the architect designing the space, though it did say it would be phenomenal. Patrons won't be allowed to smoke cannabis inside the structure, but will be able to enjoy a variety of edibles since the Canadian government will be legalizing their use at the end of this year. The lounge will also teach people how to live a sophisticated, plant-based lifestyle.

With new business and commercial ventures in Ontario comes the legalities that must be observed. A lawyer experienced in business law can offer advice to an entrepreneur on what laws need to be taken into account when opening new businesses. Having some knowledge of those laws may make operating a business go much more smoothly. 

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