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.
Port Saunders RCMP say the missing 58-year-old man has been located
Resource Enforcement officers looking for information about a fire in Trout River
Wild Cove opens for regular operations but crews continuing to smother the fire
Qalipu First Nation Chief and Council met in St. John's for the first time to include members in that area
Route 340 near Lewisporte is closed both ways due to a motor vehicle collision
