Fredericton company sees boost from prescription pot

An industrial research centreis expanding thanks to the boom in medical marijuana and with legalization on the horizon, that boom may intensify.

The Researchand ProductivityCouncil [RPC] in Fredericton is one of the the largest companies in the medical marijuana testing business. Itcalls 19of Canada's 43 medical marijuana producers clients, four of whom produce 50 per cent of the medical marijuana in the nation.

RPC tests medical marijuana for pesticides, THC levels anddifferent cannabinoids that can be used for medical treatment.

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Eric Cook, the executive director and CEO of RPC, said they are extremely busy.

"We're right on the edge of keeping up to demand and we're working to expand that capacity constantly," said Cook.

Rapid growth

Cook admits he's been caught off guardby how popular the business has become in a relatively short amount of time.

"We thought it might have leveled off and it has not. It continues on a growth curve and we're a little bit surprised at that," said Cook

The growth has caused the company to expand quickly, driving itsnumber of employeesfrom 96 to 128. Twenty-sixofthe 32 new staff were hired in the last year, most of them chemists who graduated from UNB. RPC hopes to hire 12 more staff members in the upcoming months.

The expansion has also meant more equipment in the labs.

"We've bought new instrumentation, leading edge instrumentation, fairly intensive capital investments and we've made them. The equipment is fully utilized, in fact much of it runs through the night," said Cook

The company originally got its start by testing a variety of products, including water and soil, since 1962. The Crown corporation got an early start to medical marijuana testing from a Federal license they had to test hemp products.

The New Brunswick research organization received its first product for testing in November of 2013.

"We were one of the very first commercial labs to be offering services for medical marijuana," said Cook.

Looking towards legalization

The company anticipates even further growth with the upcoming legalization of marijuana.

"It's been estimated to be four to five times as much production from the licensed producers and that would imply four to five times as much testing," he said.

Cook believes that the province can become a leader in the marijuana industry.

"We've proven that," said Cook, admitting that there havebeen some growing pains for the successful company.

"Things like running out of parking spots and lunchroom space, but those are good kinds of problems to try to solve," he said.