Is A Cannabis Policy Change In New Brunswick Good News For The Technology Sector?

laptop computer internet technology laptop computer internet technology laptop computer internet technology laptop computer internet technology laptop computer internet technology laptop computer internet technology laptop computer internet technology laptop computer internet technology laptop computer internet technology laptop computer internet technology laptop computer internet technology laptop computer internet technology

Ever since the launch of adult-use cannabis sales in New Brunswick, the industry has been operated by a government monopoly. For the past year, a Crown corporation has served as the sole legal cannabis industry entity in New Brunswick.

Canadian Crown corporations are government-owned entities and are specifically owned by the Sovereign of Canada. In New Brunswick, lawmakers and regulators felt that giving a monopoly to one entity to oversee the province’s cannabis industry was a good idea. Time has proven that to not be the case.

The industry will now transition to a private company that will have a monopoly. Will the continued-monopoly model be good news or bad news for the cannabis technology sector in New Brunswick? Read about it in our recent article on Cannabis & Tech Today.

new brunswick