The New Brunswick government's recreational marijuana retail stores will operate under the name CannabisNB, Finance Minister Cathy Rogers announced on Monday.
A trademark application has been filed for the name of the NB Liquor subsidiary that will be created to oversee 20 stand-alone stores in 15 communities across the province.
"Your government recognizes that the retail model will play a significant role as we enter this new market and I am pleased to provide New Brunswickers with an update," said Rogers.
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She was in Ottawa on Monday with her provincial and territorial counterparts to negotiate a formula for sharing cannabis tax revenue once recreational use is legalized by the federal government in July.
Federal Finance Minister Bill Morneau announced they reached an agreement that will give the provinces at least 70 cents on the dollar—a sizable increase from the 50-50 framework proposed last month.
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