Article by Sarah Ratchford, Growth Op
On a Saturday afternoon midway through January, it’s about -20 C, and one of Saint John, N.B.’s unlicensed cannabis shops has a huge lineup that almost spills out of the door.
Down the road, the licensed Cannabis N.B. store has a near-empty parking lot. After a $16.2 million loss in its first 50 weeks, something needs to change. That’s why New Brunswick’s government put out a request for proposals in November with the hope that a private company will take over. Eight companies responded to the call: Canopy Growth; Loblaw Companies; Fire & Flower; Green Stop Cannabis; Kiaro Brands; New Brunswick Association of Cannabis Distributors; RSL NB, and YSS Corp.