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President of NB Liquor and Cannabis NB resigns


December 23, 2020
By The Canadian Press

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The president of NB Liquor and Cannabis NB has resigned after 16 months on the job.

The Crown corporation said in a news release that Patrick Parent has decided to return to the private sector in a CEO role.

During Parent’s time at the corporation, Cannabis NB went from a money-loser to a moneymaker.

Parent says his decision to leave was not easy and he’s proud of the “tenacity and resiliency” of the employees, especially during the pandemic.

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New Brunswick’s government announced in November 2019 it was seeking proposals for a private operator to take over Cannabis NB.

The province has yet to announce whether it will privatize the corporation, however, following the COVID-19 pandemic and the recent profits of the state-owned company.