President and CEO Bruce Keating says “Market conditions in the first quarter in the previous two years have been more challenging but are much stronger this fiscal year.
The Newfoundland and Labrador Liquor Corporation is reporting net earnings for the first quarter of the year is $48 million, which is an increase of .4 million from last year’s first quarter. President and CEO Bruce Keating says it is a strong start to the fiscal year. He says “Market conditions in the first quarter in the previous two years have been more challenging but are much stronger this fiscal year. Sales in the mature beverage alcohol market are up by more than 5%, and retail sales in the still developing legal cannabis market have increased by more than 25% compared to last year.” Cannabis sales totalled $24.2 million. Regulatory Compliance and Enforcement NLC conducted 922 inspections on liquor establishments and cannabis retailers. NLC now estimates that 84.0% of the illicit cannabis market has been captured.
Those who receive Income support cheques by mail can pick them up tomorrow
Government proposes updated policy to ban electronic devices in K-6 and wants the public's feedback
PC Leader Tony Wakeham says "U.S. Tariffs will have devastating consequences for the province"
Qalipu First Nation swearing-in ceremony takes place tomorrow
A 64 year old man is arrested after landing his ATV in a ditch in Robinson's
