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News

Published on September 16, 2024

Notice of Appointment: Two New Vice-Presidents Join the SQDC

Montréal, September 16, 2024 – The Société québécoise du cannabis (SQDC) is pleased to welcome two new vice-presidents to its executive team. Effective today, Yves Lokossou is Vice-President, Information Technology and Cybersecurity, while Jean-François Dulac-Lemelin becomes Senior Vice-President, Customer Experience.

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Published on September 5, 2024

Comprehensive income of $23.9 million

For the first quarter of its 2024-2025 fiscal year which ended June 22, 2024, the Société québécoise du cannabis (SQDC) reported comprehensive income of $23.9 million, compared with $20.6 million for the same quarter of the preceding fiscal year.

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Published on August 29, 2024

(Français) Fête du Travail: horaires des succursales et des services en ligne de la SQDC

Toutes les succursales de la Société québécoise du cannabis (SQDC) ainsi que son centre de relation avec la clientèle seront fermés le lundi 2 septembre prochain en raison de la fête du Travail. De plus, la livraison en 90 minutes ne sera pas disponible dans les régions desservies par ce service.

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Published on August 26, 2024

(Français) Ouverture d’une 100e succursale; 100 raisons d’être fiers et fières

Montréal, le 26 août 2024 – Le développement du réseau de succursales de la Société québécoise du cannabis (SQDC) atteint un niveau de maturité avec l’ouverture d’une 100e succursale, près de six ans après la légalisation du cannabis au Canada. 

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Published on June 6, 2024

The SQDC reports net income of $104.1 million for fiscal 2023-2024

For its fiscal year ended March 30, 2024, the Société québécoise du cannabis (SQDC) posted total sales of $662.1 million, compared with $601.9 million for the preceding fiscal year. The company reported comprehensive income of $104.1 million versus $94.9 million in fiscal 2022-2023. To this can be added the government revenues generated by its operations in the form of consumer and excise taxes, estimated at $217.3 million, with $157.4 going to Québec and $62.6 million to the federal government. The SQDC’s total contribution to the Québec treasury is therefore $258.8 million.

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Published on May 9, 2024

Motion for authorization to exercise a class action: the SQDC plans to contest

The Société québécoise du cannabis (SQDC) has received a motion for authorization to exercise a class action related to products whose strain “rotates”. The SQDC will take the time necessary to properly analyze the matter. However, at first sight, the company disagrees with the applicant’s claims and intends to contest the application.

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