TORONTO, Sept. 8, 2017 /CNW/ - George Soleas, President & CEO of the LCBO, issued the following statement regarding the Province of Ontario's announcement of the proposed provincial framework to respond to the federal government's initiative to legalize recreational cannabis in Canada.

"The LCBO looks forward to working with the Government of Ontario to ensure the carefully controlled sale of cannabis across the province when it is legalized. We will formalize a cannabis project team to help guide our efforts and identify the many tasks that will be required before the federal deadline of July 2018. Even as we continue to focus on our existing alcohol business we will draw upon our decades of experience and work in partnership with the government to deliver on its objectives. We also recognize that today's decision is a testament to the skill and talent our employees bring to their jobs every day and our reputation as an organization that is trusted by Ontarians for responsible retailing and actions that support moderate consumption."

Follow us on Twitter @LCBONews. Visit www.lcbo.com for more information.

SOURCE LCBO

For further information: MEDIA INQUIRIES: LCBO Press Office, 416-864-6700, [email protected]

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