New Brunswick Government has High Hopes in Economic Return of Marijuana Legalization

Article by Paul Cormier, Global News


Medical marijuana is a rapidly growing industry, and with the federal government looking into legalization, the potentially enormous economic return is something the province of New Brunswick is counting on.

The Gallant government has recently announced a $4 million investment for Zenabis, a marijuana production facility in Atholville, and has given previous money to medical marijuana producer Organigram in Moncton.

“We see it as a huge opportunity both in the growth of medical marijuana and the impending legalization,” said Susan Holt, New Brunswick’s  chief of business relationships.

She adds that the province is well suited to accommodate this budding industry, and that right now the focus is on developing retail, research and production.

“We’re really good at growing trees and potatoes, we’ve learned a lot about tracking from that first seed right through to the end product and that’s gonna be important in the marijuana industry,” Holt said.

Read full article here.

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