New Brunswick

Wed
18
Jul

Canada: This tiny reserve is set to be the first in New Brunswick to become a licensed cannabis producer

A small First Nation's community on the border of Quebec and New Brunswick is making a big move in the cannabis industry. Madawaska is set to become the first reserve in New Brunswick to operate a licensed cannabis producer, writes Calvin Hughes.

Tue
10
Jul

A sneak preview of one of Canada’s first legal marijuana stores

Adult use recreational marijuana will be legal in Canada on October 17, 2018.

As we write this, every Canadian province is working to get ready. But one province is leading the pack: the Maritime province of New Brunswick, writes Neil Bonner.

Thu
14
Jun

Canada: New Cannabis NB stores to market weed for different 'occassions'

Hip, monochromatic colour palette with tasteful pops of green. Photo murals of local landmarks. Faux succulents and wheatgrass. Dozens of shiny screens.

Cannabis NB locations will look more like high-end electronics stores than the places that New Brunswickers fond of weed are used to buying it — and the bud will be categorized according to what you plan to do once you're high. 

'I think this is the first government cannabis store in the world,' said Brian Harriman, president and CEO of Alcool NB Liquor and Cannabis New Brunswick.

Tue
13
Mar

Canada: Marijuana outlet crackdown makes no sense, says criminologist

The legalization of pot may be looming but that doesn’t mean police are backing off their crackdown on the “grey” marijuana market.

Most recently, RCMP in Colchester County raided the Community Compassion Centre in Bible Hill. They seized cash, marijuana, marijuana derivatives and drug paraphernalia, and charged Ricky Joseph Leclerc, 51, of Upper Kennetcook.

He’s scheduled to appear in Nova Scotia provincial court Friday.

“The RCMP will continue to work within the existing legislation under the Controlled Drug and Substances Act,” RCMP spokesman Cpl. Dal Hutchinson said Monday in an email. “If we determine that there is a violation of the legislation, we will take appropriate action.”

Mon
12
Feb

Canada: Organigram licensed capacity triples to 16 Million grams

Organigram Holdings Inc., a leading licensed producer of medical marijuana, announces the financial results for the fiscal first quarter of 2018 ending November 30, 2017. 

Financial Results*

Organigram's financial results for the quarter ending November 30, 2017saw the Company report its highest quarterly net sales to date. Net sales rose to $2.7 million in Q1-2018 (up from $2.1 million in Q4-2017, and up from $2.2 million in Q1-2017).

The Company reported a net loss and comprehensive loss of $1.4 million for Q1-2018 (compared to a net loss of $2 million in Q4-2017 and $0.8 million in Q1-2017).

Wed
20
Dec

Organigram announces closing of $57.5 million bought deal financing

Organigram Holdings Inc. (TSX VENTURE:OGI) (OTCQB:OGRMF), a leading licensed producer of medical marijuana based in Moncton, New Brunswick, is pleased to announce that it has closed its previously announced short form prospectus offering, on a bought deal basis, including the full exercise of the over-allotment option. As such, a total of 16,428,572 Units of the Company were sold at a price of $3.50 per Unit, for aggregate gross proceeds of $57,500,002 (the "Offering"). The Offering was completed by a syndicate of underwriters led by Eight Capital, and including Canaccord Genuity Corp., GMP Securities L.P., Mackie Research Capital Corporation and PI Financial Corp.

Fri
15
Dec

Legal marijuana stores may provide 'a very polished experience'

This is what the end of cannabis prohibition will look like in New Brunswick: An upscale showroom with black ceilings, grey walls and a once-illicit drug displayed in brightly lit glass cases.

“Think along the lines of a jewellery store. Very chic, very modern, very clean-cut lines,” New Brunswick Liquor Corp. spokesman Mark Barbour says in an interview.

“That’s where the product will be kept, in locked glass cases, and from there the transaction will be made and proceed to a point-of-sale area.”

With less than seven months to go before recreational marijuana is legalized, provinces and territories are scrambling to come up with plans to sell cannabis.

But only scant details have emerged about what the retail experience of buying legal weed will be like.

Tue
12
Dec

CannabisNB to be the name of recreational cannabis stores in province

CannabisNB will be the name of the New Brunswick government's cannabis retail stores when they open next year.

The government announced earlier this fall that a subsidiary of NB Liquor will operate 20 stores in 15 locations across the province when recreational cannabis is legalized in July 2018.

The products will be displayed under glass and will only be sold to people 19 years of age and older.

Finance Minister Cathy Rogers says the provincial government has introduced legislation focused on ensuring public health and safety is respected by having strong regulations for production, distribution, and sale of cannabis.

Nova Scotia and P.E.I. both set their legal age for marijuana at 19 last week, but are taking different paths on how weed will be sold.

Tue
21
Nov

Delta cannabis producer secures $40m supply agreement with New Brunswick

A B.C.-based, licensed producer of cannabis has reached a deal with the New Brunswick government to grow 4,000 kilograms of marijuana annually for recreational users in that province.

Zenabis, a Delta pharmaceutical-grade cannabis firm with a 30,000 sq. ft. growing and processing plant on Annacis Island and two more facilities on the East Coast, signed a memorandum of understanding with the province to provide cannabis and derivative products with a retail value of about $40 million and up to $50 million a year.

New Brunswick officials say the Zenabis deal and earlier agreements with Organigram and Canopy Growth Corp. make it the first province to secure a supply for all of its cannabis consumers.

Thu
09
Nov

Legislation concerning cannabis control, drug-impaired driving to be introduced this week

Legislation to be introduced this week aims to help protect New Brunswickers, particularly youth, from harm associated with cannabis use. Participating in the announcement were Health Minister Benoît Bourque, left, and Justice and Public Safety Minister Denis Landry.

Consumption of recreational cannabis would not be permitted in public places

Legislation being introduced this week is aimed at helping to protect New Brunswickers, particularly youth, from harm associated with cannabis use.

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