Quebec’s crown monopoly REC retailer the Société Québécoise du Cannabis reported quarterly sales of $110.8M between October and December, placing the SQDC on the path to top $300M in its fiscal year.
MJ Biz Daily
- The SQDC booked a total profit of $18M over the first three quarters of fiscal 2020.
- Online revenue represented 6.5% of sales ($7.3M) in the most recent quarter.
Both the SQDC’s online and brick-and-mortar sales have increased in recent weeks, but the crown corporation does not share its sales figures and refused to say whether the increase was “weak, moderate, or important,” or which products were most popular.
La Presse–In French
- The unions that represent SQDC employees argued the SQDC’s sick-day policy might push some employees to come to work with COVID symptoms.