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.
27-year-old man charged with assault with a weapon after an incident at Margaret Bowater Park in Corner Brook
RCMP NL pleased with new Crime Dashboard and believes it will be an important tool in policing
Female Baseball Day at Jubilee Field in Corner Brook tomorrow; come out and try baseball
19-year-old Stephenville Crossing man charged after spraying bear spray at a graduation party
RCMP waiting on blood test to determine if a 67-year-old Stephenville man will be charged with impaired
