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CANNABIS NB MAY BE PROFITABLE NEXT YEAR

New Brunswick Crown monopoly REC retailer Cannabis NB won’t make a profit until at least next year, according to new president Patrick Parent.

Quick Hits

  1. REC retail chain National Access Cannabis changed its name to Meta Growth (pending shareholder approval), and will sell off its MED clinics as it focuses on the REC market.
    NewsWire, Cannabis Retailer
  2. Following news it received a Health Canada cultivation license for its gargantuan 1.2M sq. ft Diamond cultivation facility (doubling its production capacity), Aphria interim CEO Irwin Simon said he planned to run the plant at full capacity, in spite of concerns about a supply glut.
    NewsWire, Bloomberg