Troubled New Brunswick crown REC retailer Cannabis NB reported another loss (of $1.5M) for Q2, despite a 17.6% quarter-over-quarter increase in sales (for a total of $10.7M).
CBC New Brunswick
- NB Liquor, parent to Cannabis NB, has recorded surging sales during summers, so it’s unclear how much of the Q2 increase reflected continuing or temporary increase in demand.
- At first Cannabis NB blamed losses on the supply shortage, though now they blame competition from illicit sellers.
Quick Hits
- New Brunswick island Campobello is hard to access and gets mail delivered through the US, which means US Customs and Border Protection is making life miserable for everyone by increasing searches and seizures of mail in search of mail-order cannabis.
Globe and Mail - Following a violent raid on a dispensary on the Six Nations reserve in Ontario, that community debuted the Six Nations People’s Cannabis Coalition “to regulate the production and sale” of cannabis inside the territory. A resident is also running for the community Band Council on a platform of ending cannabis raids and supporting the new SNPCC.
Dispensing Freedom