Private wine, specialty stores jump according to the latest NSLC report
Posted Dec 3, 2024 01:58:31 PM.
Last Updated Dec 3, 2024 02:03:47 PM.
The Nova Scotia Liquor Corporation is reporting slight increases in sales and earnings in a financial report covering its second quarter.
The corporation says it saw a 0.5 per cent increase in earnings to $83.3 million and total sales went up 1.5 per cent to $245.8 million.
Beverage alcohol sales increased by 1.2 per cent to $213.2 million and cannabis sales increased 3.9 per cent to $32.6 million.
“This quarter we saw a slight increase in sales overall,” said Greg Hughes, President and CEO. “Cannabis, along with the ready-to-drink category, continue to perform well and are leading this growth.”
The NSLC says sales to bars, pubs and restaurants dropped less than one per cent in the second quarter, but sales to private wine and specialty stores jumped nearly 24 per cent.
As far as local products, sales for alcohol increased 3.3 per cent to $29.6 million. Local cannabis sales dropped by 10 per cent, but still represented 28.3 per cent of all cannabis sales.
The report also says NSLC staff requested ID from people who appeared to be under 30 years old 572,313 times and refused to serve people more than 3,500 times.
