**** NSLC Release
NOVA SCOTIA LIQUOR CORPORATION–Year-End Results
——————————
The Nova Scotia Liquor Corporation (NSLC) released its year-end financial results today, June 13.
For the fiscal year April 1, 2022, to March 31, 2023, total sales were up 4.9 per cent to $860.7 million, with an increase in both beverage alcohol and cannabis sales compared with the previous fiscal year. Beverage alcohol sales increased 4.3 per cent to $749.5 million, and cannabis sales increased 9.3 per cent to $111.1 million.
Earnings increased 6.0 per cent to 284.7 million.
Sales of Nova Scotia products increased across all categories. Local cannabis led the growth with a 41.8 per cent increase in sales to $33.5 million. Growth in other categories included:
— beer: up 8.3 per cent to $28.6 million
— wine: up 7.8 per cent to $16.8 million
— spirits: up 2.3 per cent to $12.9 million
— ready-to-drink products: up 9.8 per cent to $33.0 million.
Additional Resources:
A detailed news release can be found on the NSLC website at: https://www.mynslc.com/About-N
