No profit expected this year for Cannabis NB as ‘challenges’ of black market continue, CEO says


The president and CEO of Cannabis NB says profitability is not likely this fiscal year and hopes the pot retailer can turn its first profit in 2020-2021. “Out of transparency, and I was clear and consistent throughout this process, I do not see us being profitable this year,” said Patrick Parent, who took over the chief executive role in September.

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