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EIGHT CORPORATIONS VIE TO CONTROL NEW BRUNSWICK REC

Eight companies have made applications to the province of New Brunswick to take over operations of Crown REC monopoly Cannabis NB. Among the eight are Loblaw, the country’s largest food retailer, Canopy, the largest LP, and REC retail chain and Fire & Flower, as of this week operating 45 stores across Canada.
MJ Biz Daily

Brock University professor Michael J. Armstrong, a frequent commentator on REC retail, argued New Brunswick should follow Nova Scotia’s lead in selling REC in liquor stores, since “They don’t have a lot of fixed costs to cover that way, which means they don’t have to sell very much cannabis.”
CBC New Brunswick

  • In 2016, chief medical officers in all provinces and territories along with the chief medical officers of health in 21 Canadian cities strongly encouraged governments not to allow REC to be sold in the same stores as alcohol. Nova Scotia’s decision to ignore those recommendations was controversial.
    The Straight, CBC Nova Scotia

Quick Hits

  1. In a small Twitter poll of MED users by Wildfire Collective founder Mark Spear, 55.9% of respondents answered “not at all” to the question “Do you feel that your LP is providing the products, price points and customer care you need as a medical patient?”
    Twitter—Mark Spear