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$17.4 million in legal cannabis sold during first quarter it was available : NSLC

The NSLC's third quarter results were released Tuesday, which tracked sales from Oct. 1 to Dec. 30
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NSLC Cannabis store on Clyde St. (Meghan Groff/HalifaxToday.ca)

Nova Scotians purchased $17.4 million in cannabis during the first few months they were able to buy the product.

That's according to the NSLC's third quarter results released Tuesday, which tracked sales from Oct. 1 to Dec. 30. Pot became legal on Oct. 17.

The corporation recorded 456,822 cannabis transactions during that time period, with an average dollar value of $38.05.

"This was an exceptional quarter for us with the ground-breaking rollout of the legal recreational cannabis market," said George McLellan, NSLC Acting President & CEO. "Our employees excelled every step of the way, learning about an entirely new product category and developing systems to support the responsible offering of this new product category." 

Alcohol sales were down by 2.2 percent to $163.5 million dollars and overall net income was down 1.2 percent to $65 million, however the liquor corporation points out figures don't include New Year's Eve, which fell in the fourth quarter this year compared to the third quarter last year.

The NSLC says local products continue to be popular:

  • Nova Scotia ready-to-drink products, which are largely ciders, had a strong quarter with sales increasing by 89.3% to $2.0 million.
  • Nova Scotia craft beer sales grew by 23.7% to $4.0 million. The NSLC now lists products from 24 local breweries, up from six breweries just five years ago.
  • Nova Scotia spirit sales grew by 21.5% to $2.4 million.
  • Nova Scotia commercial beer contributed $38.5 million in sales, down $1.4M or 3.6%.
  • Nova Scotia wine sales were down by 2.5% to $3.5 million.
  • Nova Scotia commercial wine sales (produced in Nova Scotia with imported grapes) were down 3.7% to $6.2 million.



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