You could walk into Second Cup for your daily cup of coffee and, perhaps, your weekly marijuana pick-up if you wanted.
The Canadian coffee chain is eyeing a plan to turn some of its stores into cannabis dispensaries and pot lounges when cannabis officially becomes legal in Canada. On April 12th, the company announced that it had signed an agreement with National Access Cannabis, a cannabis clinic operator to develop and operate pot lounges and dispensaries. The deal is contingent on approval from the government, amongst others, since marijuana is not yet legal.
Second Cup is often a losing competitor with more budget friendly Tim Hortons and more popular Starbucks, as well as independent coffee shops that are becoming increasingly more popular. So it makes sense to jump into the marijuana market, especially since shares of Second Cup jumped when the announcement was made.
Let us know what you think! Would you be interested in a Second Cup Pot Lounge?