While the fate of legal cannabis may be uncertain in the United States, Canada continues to make progress on its planned rollout of recreational cannabis this summer. Opportunities NB, a provincial business development organization, recently added to Canadian prospects by projecting that the industry will create hundreds of New Brunswick cannabis jobs in 2018.
“As legalization becomes a reality, it is important that New Brunswickers are aware of the responsible steps their government is taking to position our province for the future,” said Stephen Lund, CEO of Opportunities NB, in a press release. “New Brunswick has a skilled labour force, a thriving startup community, a cutting-edge research sector, and experience exporting high-quality agricultural products. Where opportunities exist, Opportunities NB will continue to work hard to support good-paying jobs for New Brunswick families.”
According to Opportunity NB’s media briefing, the organization projected the creation of 200 full-time New Brunswick cannabis jobs between 2017-2018, with that number hitting 600 at the end of 2018 and 3,000 by 2022.
In addition to Opportunity NB’s position, the government of New Brunswick is on board with harnessing provincial growth opportunities in the newly legal recreational cannabis market.
“Your government is committed to ensuring the legalization of cannabis is introduced in a responsible way,” said Finance Minister Cathy Rogers. “The legislative framework your government has introduced will focus on public health and safety. While those elements are our priorities, we will also take advantage of the economic opportunities offered by the legalization of recreational cannabis.”
With recreational legalization on the horizon, the province already boasts partnerships within the industry that may be a source of creation for New Brunswick cannabis jobs.
The first Canadian post-secondary program in cannabis cultivation has been established at the Collège communautaire du Nouveau-Brunswick; the University of New Brunswick has partnered with Tetra BioPharma (OTCQB: TBPMF) to conduct biochemical and pharmacological cannabis research; St. Thomas University and Shoppers Drug Mart have entered a cannabis research partnership; and the Université de Moncton is conducting horticultural research on using cannabis in crop propagation and pest control.