NSLC stories improve in hashish and alcohol gross sales in third quarter
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HALIFAX, N.S. — The Nova Scotia Liquor Corp. is reporting a rise hashish and alcohol gross sales for the third quarter.
NSLC‘s monetary outcomes from Oct. 3, 2022 to Jan. 1, 2023 present a 6.1 per cent improve in gross sales to $228.1 million, in contrast with the identical interval final 12 months. The rise was pushed by beverage alcohol and hashish merchandise. Beverage alcohol gross sales elevated by 5.6 per cent to $200.5 million, whereas hashish gross sales elevated by 9.2 per cent to $27.6 million.
The NSLC’s earnings additionally elevated by 6.6 per cent to $78.9 million, attributed to a busy vacation season.
Native merchandise additionally contributed to the gross sales development. Nova Scotia-made coolers led the expansion for beverage alcohol merchandise, whereas hashish merchandise led the expansion of Nova Scotia merchandise general, with a 29.9 per cent improve in gross sales to $8.5 million.
Different merchandise that skilled sturdy gross sales embody ready-to-drink merchandise, which had been up 19.1 per cent to $7.6 million, and beer, which elevated by 6.5 per cent to $7.1 million. Nonetheless, gross sales of spirits had been down by 1.7 per cent to $4.3 million, and wine gross sales decreased by 3.2 per cent to $4.8 million.
