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From a release<\/em><\/strong><\/p>\n\n\n\n HALIFAX:<\/strong> The Nova Scotia Liquor Corporation (NSLC) released its first-quarter financial results on August 22.<\/p>\n\n\n\n Total sales from April 1 to July 2, 2023, were down 0.1 per cent to $219.1 million, with an increase of 6.7 per cent in cannabis sales and a decrease of 1.1 per cent in beverage alcohol sales compared with the same time last year.\u00a0<\/p>\n\n\n\n Despite an overall decrease, sales to bars, pubs and restaurants increased by 5.9 per cent to $13.7 million, and sales to agency stores increased by 1.1 per cent to $17.2 million.<\/p>\n\n\n\n ADVERTISEMENT:<\/strong><\/p>\n\n\n\n [adrotate banner=”92″<\/p>\n\n\n\n [adrotate banner=”71″]<\/p>\n\n\n\n Earnings during this quarter decreased 1.9 per cent to $70.7 million.<\/p>\n\n\n\n Sales growth of Nova Scotia beverage alcohol products was led by locally produced ready-to-drink products, including coolers and ciders, while local cannabis led the growth of Nova Scotia products overall with a 22.2 per cent increase in sales to $9.5 million.<\/p>\n\n\n\n ADVERTISEMENT:<\/strong><\/p>\n\n\n\n [adrotate banner=”192″]<\/p>\n\n\n\n Other results include: [adrotate banner=”31″]<\/p>\n\n\n\n [adrotate banner=”34″]<\/p>\n","protected":false},"excerpt":{"rendered":" [adrotate banner=”188″] [adrotate banner=”105″] From a release HALIFAX: The Nova Scotia Liquor Corporation (NSLC) released its first-quarter financial results on August 22. Total sales from April 1 to July 2, 2023, were down 0.1 per cent to $219.1 million, with an increase of 6.7 per cent in cannabis sales and a decrease of 1.1 per […]<\/p>\n","protected":false},"author":2,"featured_media":37985,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[957],"tags":[2692,2180,5329,50,48,493,5330],"class_list":["post-37974","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-alcohol","tag-drinking","tag-first-quarter","tag-halifax","tag-n-s","tag-nslc","tag-wine"],"_links":{"self":[{"href":"https:\/\/staging-z.thelaker.ca\/index.php?rest_route=\/wp\/v2\/posts\/37974","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/staging-z.thelaker.ca\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/staging-z.thelaker.ca\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/staging-z.thelaker.ca\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/staging-z.thelaker.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=37974"}],"version-history":[{"count":0,"href":"https:\/\/staging-z.thelaker.ca\/index.php?rest_route=\/wp\/v2\/posts\/37974\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/staging-z.thelaker.ca\/index.php?rest_route=\/"}],"wp:attachment":[{"href":"https:\/\/staging-z.thelaker.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=37974"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/staging-z.thelaker.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=37974"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/staging-z.thelaker.ca\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=37974"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
— ready-to-drink products: up 1.2 per cent to $8.8 million
— wine: down 1.1 per cent to $4.0 million
— spirits: down 0.2 per cent to $2.9 million
— beer: up 0.9 per cent to $7.7 million.
Additional Resources:
A detailed news release is on the NSLC website at: https:\/\/www.mynslc.com\/About-NSLC\/Media-Centre\/2023\/NSLC-First-Quarter-Financial-Results<\/a> <\/p>\n\n\n\n