In this episode of The Voice of Retail, I’m joined by Chris Jones, Founder and CEO of Cannabis Xpress. Chris returns to the podcast to share how his retail-first, low-cost model has scaled to (soon) 21 locations across Ontario and New Brunswick. We dive deep into the state of cannabis retail in Canada, lessons from the U.S., regulatory challenges, the role of location and staff training, and what's next for Cannabis Xpress—including growth, private label, and potential acquisition.
In this episode of The Voice of Retail, I’m thrilled to welcome back Chris Jones, Founder and CEO of Cannabis Xpress, for his third appearance on the show. Chris offers an insider’s view of the fast-changing cannabis retail landscape in Canada. Since we last spoke, Cannabis Xpress has grown to 21 stores—14 in Ontario and 7 in New Brunswick—becoming the largest private cannabis retailer in New Brunswick.
Chris shares how his focus on underserved communities and cost-efficient, compact store formats has created a sustainable and profitable business model in a sector plagued by high overhead, oversupply, and stiff competition. He explains why small-town locations, limited SKU count, and fast, expert service are at the heart of his winning value proposition.
We explore the broader industry landscape, including how Ontario’s cannabis market has peaked and is now in a correction phase, with closures and lease renewals looming. Chris offers a frank take on regulatory blind spots that allowed a flood of stores—sometimes side by side—without proper planning. He also speaks to the remaining dominance of the illicit market, and how changes to edible dosage limits, store hours, and licensing could help bring more consumers into the legal fold.
Chris doesn’t shy away from highlighting the pros and cons of the Canadian system compared to U.S. states like California and New York, where regulatory complexity and taxation have stifled growth. Yet, he remains optimistic about the future of cannabis retail—both in Canada and abroad.
Looking ahead, Chris reveals plans to pursue more licenses in Atlantic Canada, potentially introduce private label products, and eventually sell the business. Despite a challenging retail environment, Cannabis Xpress is not just surviving—it’s thriving, with over $10 million in revenue and 70 employees across Canada.