Buds bring in big bucks!

    Thursday, 8 June 2023 12:02

    By Tonya Organ

    NLC President and CEO Bruce Keating talks about the numbers.

    Nearly 65 percent of the illicit cannabis market in this province is now being captured by the Newfoundland Labrador Liquor Corporation. President and CEO Bruce Keating says this has happened since cannabis was legalized in 2018. He says they are working in teams to target illegal marijuana and have confiscated marijuna with a street value of about 4 million dollars. Keating says a big contributor to cannabis profit is the legalization of vape cannabis. He says NLC is also in the process of making improvements to establishments across the province, including the one at the former Humber Gardens. Alcohol and cannabis sales totalled $349.3 million compared to $318.9 million in 2022

     

     

    To report an error, submit a news tip, or provide feedback, please e-mail news@bayfm.ca or call (709) 637-0183.

    More from Local News

     

     

     

    BayFM recognizes support from the following agencies:

                        

    Today's Weather

    • Corner Brook

      Light rain

      High: 24°C | Low: 15°C

    • Deer Lake

      Light rain

      High: 26°C | Low: 16°C

    Recently Played

    Podcasts

    • BayFM On-Demand

      Party on the Hill 2025

      5th Annual Party on the Hill is only weeks away, and ticket sales this year have been really, really low. Unfortunately, this means that we are at risk of having to cancel the event!

    • Qalipu Today

      Qalipu Today, July 2 2025

      Join us this July 2 at 10 a.m., only on Bay FM, for a special episode of Qalipu Today, featuring guests from the Qalipu Housing Division.

    • Sunday Night Geek

      Sunday Night Geek, June 29. 2025

      Sunday Night Geek, June 29. 2025