March 30, 2016, MONCTON (GNB) – A total of 113 new jobs will be created in Moncton as a local company is expanding to meet growth in the medical marijuana field, Premier Brian Gallant announced today.
Moncton-based OrganiGram is one of only 30 producers licensed by Health Canada.
“We are pleased to see more opportunities for people to work right here, in New Brunswick,” said Gallant.
OrganiGram specializes in the production of medical marijuana under license from Health Canada. The company is subject to the Marihuana for Medical Purposes Regulation, including the Good Manufacturing Practices of the U.S. Food and Drug Administration as well as the security directives as defined by the Office of Controlled Substances.
“Our industry has the potential to be a once in a generation opportunity for growth and economic development as we move towards a recreational marketplace,” said Denis Arsenault, CEO of OrganiGram. “We are from New Brunswick and we are excited to invest at home where the advantages of a well-educated workforce, low-power rates and a competitive cost of living make New Brunswick and Moncton a logical place for our future.”
Opportunities NB will provide a payroll rebate of up to $8,761 for each position created and maintained, with a total value not to exceed $990,000.
The incremental annual payroll for 113 positions will be $5.1 million at full ramp-up and will increase the GDP by $9 million per year.
Opportunities NB is a Crown corporation of the provincial government which seeks to attract and support opportunities to grow the New Brunswick economy and create jobs. It provides business support services for businesses across the province.
MEDIA CONTACT(S):
Valerie Kilfoil, communications, Opportunities NB, 506-453-8168.
