Tokyo Smoke's design focused interiors have garnered the chain of cannabis dispensaries a reputation as an up-scale source of cannabis products. Tokyo Smoke owner Canopy Growth Corporation has plans to open a retail outlet at Saanich's Tuscany Village Shopping Centre near UVic. Tokyo Smoke
Canopy Growth's Tokyo Smoke chain of cannabis outlets sets sights on Saanich retail hub
CITIFIED.CA STAFF
Published February 6, 2020
Canopy Growth Corporation has plans to open a cannabis dispensary in the B.C. Capital as it works on expanding its brick-and-mortar outlets.
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The company’s Tokyo Smoke chain, with 21 locations operating or nearing completion across the country, is seeking approvals for a retail space at Saanich’s Tuscany Village Shopping Centre on McKenzie Avenue at Shelbourne Street in Gordon Head.
If approved, Tokyo Smoke would become the first cannabis dispensary to open in the municipality following federal legalization in 2019.
Tokyo Smoke, an award-winning, design focused retailer was founded in 2015 under the Hiku Brands Co. banner. Hiku was subsequently purchased in 2018 for just under $270 million by Canopy Growth Corporation as part of the cannabis giant’s expansion strategy.
Today Tokyo Smoke has stores in Alberta, Manitoba and Ontario with plans for outlets in British Columbia and other markets.
Ontario-based Canopy Growth Corporation is the world's largest cannabis company and is partially owned by Constellation Brands, a key player in the global alcoholic beverage industry.
Tuscany Village Shopping Centre, anchored by a Thrifty Foods grocery store, offers 75,000 square feet of retail space. The complex was recently put up for sale. C
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