Article by CTV News
New Brunswick Premier Blaine Higgs says he’ll look at all options, including privatization, after the province’s Crown-owned cannabis retailer recorded a big financial loss in its first year of operation.
Unaudited year-end results released Tuesday show Cannabis NB lost $11.7 million.
“Certainly a loss of $12 million in six months, we’re not going to continue with that activity,” Higgs said Wednesday. “I need to understand the details around the loss. I appreciate there were supply issues that played a big role in that.”