- Source: Cannabis NB
Cannabis NB (CNB) is a Crown corporation responsible for retail sales of cannabis products in the Canadian province of New Brunswick. It is incorporated as a subsidiary of the New Brunswick Liquor Corporation.
History
In 2017, the New Brunswick government announced the establishment of up to 20 cannabis distributor locations in 15 communities, all operated by NB Liquor. By December 2017, 11 of these locations were granted and were to be opened in July 2018.
Cannabis NB was established in 2018, following the introduction of the Cannabis Act, legalizing cannabis use across Canada. After initially struggling financially, Cannabis NB started profiting towards the end of 2019 and fully paid off $37 million from startup costs in February 2022.
References
External links
Official website of NB Cannabis