''I'm incredibly grateful to the sponsors that continued to be behind this event, the new ones that were excited to be on board, and the loyal anglers who were gearing up for this event,'' Lawson said.
''Please know that I worked incredibly hard up, right up until last night, to try to secure prizes and amenities worthy of your attendance before making this decision. I'm sorry this news will disappoint you, but again I was not prepared to deliver a 'scaled down' event or 'more basic' prizes that some in the industry would have liked me to offer you.''
Lawson said she was devastated to have to cancel the event so close to the weekend, but she had no other option.
Another aspect in the cancellation was that there would be no campground available for fishers to stay overnight in, which deterred some.
''This is a huge loss, not just for the fishers and me, but the whole Bream Bay community that benefits from having these extra people in the area spending their money here,'' she said.
''I know there will be some who are happy about it because they don't want to share their fishing ground with others, but there will be far more who are upset by it not going ahead this year.''
She hoped it would be back in the future though.
''When the hard work of returning the prizes, refunding ticket sales and disestablishing the event set up is done, and I've liaised with the sponsors who did want this event to continue at a high standard, I will update you all with the future of Beach and Boat,'' she said.