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A B.C.-based, licensed producer of cannabis has reached a deal with the New Brunswick government to grow 4,000 kilograms of marijuana annually for recreational users in that province.

Zenabis, a Delta pharmaceutical-grade cannabis firm with a 30,000 sq. ft. growing and processing plant on Annacis Island and two more facilities on the East Coast, signed a memorandum of understanding with the province to provide cannabis and derivative products with a retail value of about $40 million and up to $50 million a year.

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New Brunswick officials say the Zenabis deal and earlier agreements with Organigram and Canopy Growth Corp. make it the first province to secure a supply for all of its cannabis consumers.

The federal government intends to legalize marijuana possession for personal use next July.

The contract will eventually create 450 new jobs at a 393,000 sq. ft. plant in Atholville, N.B.