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News
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.
Read moreMotion 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.
Read more(Français) La SQDC ajuste les heures d’ouverture de douze succursales
La Société québécoise du cannabis (SQDC) a pris la décision de revoir l’horaire de 12 succursales ayant un achalandage moindre que la moyenne. Dès le dimanche 25 février 2024, ces points de vente fermeront à 18 h du lundi au mercredi plutôt qu’à 21 h. L’horaire demeure le même pour les autres journées de la semaine. Cet horaire revu sera semblable à celui qui est en vigueur dans plusieurs commerces avoisinants.
Read moreNet income of $33 million for the SQDC’s third quarter
The Société québécoise du cannabis (SQDC) has reported comprehensive income of $33 million for the third quarter of its 2023-2024 fiscal year, which ended December 30, 2023. The amount is remitted in full to the Québec government and reinvested primarily in cannabis-related prevention efforts and research.
Read moreNet income of $24.9 million for the SQDC’s second quarter
The Société québécoise du cannabis has reported net and comprehensive income of $24.9 million for its business operations during the second quarter of its current fiscal year, which ended September 9, 2023. The amount is remitted in full to the Québec government and reinvested primarily in cannabis-related prevention efforts and research.
Read more(Français) Conventions collectives entérinées par les employés de la SQDC représentés par le SCFP-5454
La recommandation du conciliateur en chef du ministère du Travail a été entérinée par les employés et employées des 26 succursales représentées par le Syndicat canadien de la fonction publique (SCFP-5454) lors de l’assemblée générale. L’entente conclue est d’une durée de 5 ans.
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