New Brunswick

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Fri
29
Nov

3 cannabis dispensaries close after police threaten to seize properties

The deadline for Saint John cannabis dispensaries to shut down their operations was Thursday, and most seem to have gotten the message.

Giggles Gaming Cafe on Union Street, the Green Room on Rothesay Road and King Canna on Germain Street have all stopped selling THC products. 

The businesses got letters from the Saint John Police Force saying the properties they were operating out of were "an instrument of unlawful activity," because police believe they were selling cannabis illegally.

The letters said the places had two weeks to stop selling cannabis or their properties would be seized using the Civil Forfeiture Act.

Laura Newman, an employee at King Canna, said the store has stopped selling all THC products, and customers are "not pleased."

Tue
26
Nov

New Brunswick has a long and complicated history with cannabis

Cannabis prohibition may have ended just over one year ago, however, pot has a long history in New Brunswick.

The story of cannabis in New Brunswick begins nearly two centuries ago, when maritime hemp growers used their crop for ship sails, ropes and clothes. Late European settlers popularized the use of hemp in the 19th century for everyday uses.

According to a letter dating back to 1892, written by the provincial secretary of agriculture Julius L. Inche, hemp never was a robust industry. Cannabis was being harvested on the southern border of New Brunswick, in an area now known as Edmunston. Inche was less than optimistic about it being a profitable crop.

Fri
22
Nov

Authorities use controversial law to target Saint John landlords renting to illicit dispensaries

Police in Saint John, New Brunswick are trying a new tactic to eradicate illicit cannabis dispensaries: target their landlords.

Multiple landlords are reported to have received letters informing them that their properties are being used as an “instrument of unlawful activity” and giving them a specific time frame to comply with provincial law or face property seizure under the Civil Forfeiture Act.

Wed
20
Nov

Securities regulators toughen governance disclosures in cannabis industry

 

Securities regulators in several provinces published guidance this month pushing stronger governance-related disclosures on the cannabis industry.

The guidance — from regulators in Ontario, British Columbia, Quebec, New Brunswick, Saskatchewan, Manitoba, and Nova Scotia — is aimed at governance-related disclosures, particularly in the context of mergers, acquisitions and other significant corporate transactions.

Tue
19
Nov

Is a cannabis policy change in New Brunswick good news for tech innovators?

A little over a year ago Canada legalized cannabis nationwide. Canada became the first G-7 nation to legalize cannabis for adult-use.

Uruguay is the only country to have legalized cannabis for adult use prior to Canada doing so, however, Uruguay’s model differs from Canada’s model.

Each province in Canada adopted its own regulatory framework in some aspects, with some provinces allowing robust competition between cannabis companies.

New Brunswick took a different approach.

The Monopoly New Brunswick Model

For the past year, a Crown corporation has served as the sole legal cannabis industry entity in New Brunswick.

Fri
15
Nov

Regulations need to change for private retail cannabis to thrive, says prof

There was a chorus of concern and counsel Thursday from observers and critics of the provincial government's plan to turn Cannabis NB over to the private sector.

From inadvertently assisting the black market to creating a more competitive model, experts and MLAs say privatizing recreational cannabis raises a host of issues that must be addressed before the transition, which could take place early next year.

Finance Minister Ernie Steeves announced Thursday afternoon the province has issued a request for proposals for a single private operator to take over operation and sales from the Crown corporation.

Thu
07
Nov

Cannabis legalization hasn't hurt the black market in N.B

If the legalization of cannabis was supposed to hurt the black market, the new head of Cannabis New Brunswick says it hasn't happened.

In fact, he believes more illegal dispensaries have opened up in the province, and that's curtailing the province's profits from cannabis.

Patrick Parent has been on the job for just over two months, but says the province won't be making money off cannabis this year. 

The exterior of a Cannabis NB retail store is shown in Fredericton, N.B., on Tuesday October 16, 2018. (THE CANADIAN PRESS/Stephen MacGillivray)

Thu
31
Oct

Despite improved sales figures, Cannabis NB continues to bleed money

In news that will be a surprise to few, Cannabis NB has continued to bleed money – even with a bump in its second quarter sales.

Unlike that high school buddy who sold dime bags at lunch and always had cash on hand for the dopest sneakers, Cannabis NB has been steadily losing money since it started selling weed.

Fri
25
Oct

Faulty pot: How to return your weed

Be careful what you wish for, especially when placing an order for weed online. Returning it can be a challenge, with policies varying from province to province.

Here’s what the shipping and return policies look like across the country.

British Columbia 

Bought a product that’s defective, shipped in error or recalled? The BC Cannabis Stores will take them back, but returns must be initiated within 15 days of the purchase.

Wed
23
Oct

Chicken pot pie: New Brunswick restaurant serves up cannabis oil-infused wings

A restaurant in Saint John, New Brunswick, is stirring up a buzz by cooking chicken in a creative, albeit questionably legal, manner.

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