Cannabis NB

• Government in late final-stage negotiations with potential Cannabis NB buyer

  According to the province's top civil servant, the late stage of negotiations does not mean the Crown corporation will ultimately be sold.

  Cannabis

  Feb 25
• NB Liquor and Cannabis NB report third quarter sales increases and profits

  The two Crown corporations released their third quarter figures Wednesday for the period ending Dec. 27, 2020.

  Cannabis

  Jan 13
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• Government’s decision on Cannabis NB won’t come until the new year

  At stake is which entity will be allowed to be the sole provider of retail cannabis in New Brunswick: a private company or a Crown corporation. 

  Cannabis

  Dec 30, 2020
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• Patrick Parent, CEO of NB Liquor and Cannabis NB, announces resignation

  Patrick Parent joined the liquor and cannabis corporations in September 2019, after a role as vice-president at Moosehead Breweries. 

  Canada

  Dec 22, 2020
• Cannabis NB celebrates 12 straight months of profitability as decision on sale looms

  Cannabis NB president and CEO Patrick Parent said 12 months of profitability marks an 'important milestone' for the Crown corporation. 

  Cannabis

  Nov 28, 2020
• Cannabis NB continues to report profits, decision on potential sale ‘in the near future’

  Despite the Crown corporation staying in the black, a potential sale of Cannabis NB is expected to be just around the corner. 

  Cannabis

  Oct 1, 2020
• Decision on potential privatization of Cannabis NB coming once government sworn in: Higgs

  'An update on the Cannabis NB RFP process will be available after the new government is sworn in,' Blaine Higgs said in a statement.

  Cannabis

  Sep 22, 2020
• Cannabis NB reports higher sales and profits in first quarter figures

  Cannabis NB says total sales for the three-month period ending June 28 were 16.3 million dollars - up almost 79 per cent from the same period last year.

  Cannabis

  Jul 9, 2020
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• Cannabis NB CEO expects Crown corporation to be profitable this year as potential sale looms

  After two years of losses, Cannabis NB's CEO is confident that the Crown corporation can be a revenue generator.

  Cannabis

  Jun 30, 2020
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• ANBL and Cannabis NB to close Sundays, reduce hours amid coronavirus pandemic

  Both Cannabis NB and the ANBL will be closed on Sundays until further notice while their hours will be reduced Monday to Saturday.

  Cannabis

  Mar 20, 2020