Canada Canadian Medical Marijuana & Cannabis Industry News Cannabis Industry & Marijuana Business Briefs Cannabis NB International Marijuana Business News New Brunswick

Cannabis NB expects CA$10M profit; privatization update ‘in near future’

New Brunswick’s cannabis retail monopoly Cannabis NB expects to end its fiscal year with a profit of over 10 million Canadian dollars ($7.7 million). “We are excited to have achieved an important milestone — 12 consecutive months of profitability,” Can…

Canada retail sales Canadian Medical Marijuana & Cannabis Industry News Cannabis Industry & Marijuana Business Briefs Cannabis NB International Marijuana Business News New Brunswick Recreational Marijuana News

Cannabis NB posts CA$3.3 million quarterly profit as privatization review continues

Cannabis NB, the government-owned marijuana retail monopoly in the Atlantic Canadian province of New Brunswick, has posted a third consecutive positive quarter with profits of 3.3 million Canadian dollars ($2.5 million). Meanwhile, a delayed government…