Provincial release:
The Nova Scotia Liquor Corp. (NSLC) released its first-quarter financial results today, September 22.
For the first quarter, from April 1 to June 28, 2026, total sales were $219.4 million, up 0.2 per cent from the same period last year. Beverage alcohol sales totalled $182.6 million, down 1.7 per cent, while cannabis sales reached $36.8 million, up 11.2 per cent.
Net income totalled $62.0 million, a decrease of 6.8 per cent.
Total sales of Nova Scotia beverage alcohol products were $26.1 million, a decrease of 5.1 per cent compared with the same period last year:
– spirits decreased 8.7 per cent to $3.1 million
– wine decreased 1.6 per cent to $4.3 million
– beer decreased 3.9 per cent to $8.3 million
– ready-to-drink products decreased 6.3 per cent to $10.3 million.
Nova Scotia cannabis sales increased 13.7 per cent to $10.5 million, representing 28.6 per cent of total cannabis sales.
From April 1 to June 28, 2026, the NSLC sold just over $1.8 million of U.S. products. The NSLC continues to sell existing U.S. product inventory only and is not importing any additional products made, manufactured or produced in the United States.
Additional Resources:
A detailed news release about the 2026-27 first-quarter results is available on the NSLC website at: https://mynslc.cc/FY27-Q1-Financials
