This article on Zenabis came out during the awaited Q4. According to the article Zenabis believes they have 38% market share in New Brunswick.
Cannabis NB just reported $11M in sales for December. If you do the math Zenabis could have made $4,180,000 in New Brunswick just in December. Add in Oct and Nov sales and they could beat Q3's revenues from one province alone.
Add in all the other provinces, and this could be a record quarter for the company. I've seen it posted that the official release date will be Feb 18th, but I haven't confirmed it yet.
Zenabis hopes new, $5 Re-Up brand will take bite out of illicit markets in Atlantic Canada, Saskatchewan
Zenabis is currently undercutting the competition, and hopefully stealing black market share by selling $160 ounces on Cannabis NB. With ZENA's low cost to grow they could compete successfully with the black market growers. Not just on price but on product safety. They tested black market weed in Europe, and what they found is disgusting.
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