Release:
The Nova Scotia Liquor Corporation (NSLC) released its first-quarter financial results today, September 16.
Total sales from April 1 to June 29, 2025, were down 1.7 per cent to $218.8 million, with a decrease in beverage alcohol sales and an increase in cannabis sales compared with the same time last year.
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Beverage alcohol sales decreased 2.9 per cent to $185.7 million, and cannabis sales increased 5.9 per cent to $33.1 million.
Earnings decreased 5.4 per cent to $66.6 million.
Sales of Nova Scotia products increased by eight per cent to $36.8 million. Locally produced beverage alcohol sales increased 10.6 per cent to $27.5 million, including:
– spirits increased by 22.9 per cent to $3.4 million
– wine increased 16.4 per cent to $4.4 million
– ready-to-drink products increased 12.9 per cent to $11.0 million
– craft beer increased 3.5 per cent to $8.7 million.
Local cannabis sales decreased one per cent to $9.3 million with Nova Scotia cannabis products accounting for 28.0 per cent of all cannabis sales.
