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

Patrick Parent appeared before the Standing Committee on Crown Corporations Tuesday to answer MLA questions about Cannabis NB's tumultuous first year of operation.

Unaudited year-end results released Tuesday show Cannabis NB lost $11.7 million.

Marc LeBlanc, the president of Solargram Farms Corp., says the company hopes to "become a bulk cannabis oil provider."

Organigram says its sales during the three-month period ended Nov. 30 marked a record quarterly high and amounted to more than what the company has historically sold to medical patients in an entire year.

The Liberals under Premier Brian Gallant have seen cannabis as green gold - a chance to create production and retail jobs and rake in profits through its new Crown agency, Cannabis NB.

Ottawa’s delay in the legalization of recreational marijuana may have a significant impact on New Brunswick's budget.

Opportunities NB is looking at plans to grow the cannabis industry in New Brunswick, as they attempt to leverage the most favourable climate to marijuana in decades.

A new independent survey shows that the number of New Brunswickers who plan to purchase cannabis once it's legalized may be lower than anticipated, leaving many to wonder how much revenue it can generate for the provincial economy.