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

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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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