Quebec cannabis seller opens 100th store and has no intention of slowing down
The people behind Quebec's pot stores are hoping to make the shopping experience more convenient and more accessible.
On Monday, the Société québécoise du cannabis (SQDC) opened its 100th store in Richelieu and more stores are planned for the coming year.
People in Richelieu have been waiting for more than five years for a SQDC store to open in their community.
Lysette says she’s thrilled the day has finally arrived.
"Now, I'm next door so it's wonderful," she said.
The new store sells everything from its best seller dried cannabis to newer options, such as edibles, concentrated oils, and even cold drinks.
They’ve changed up the store layout and have tried to make product categories easier to understand.
Before Monday, Lysette used to travel 30 minutes to the SQDC in Saint-Bruno. Now, she can walk to buy legal weed.
Director of real estate Alexander Bove says the SQDC looks at population size and proximity to other stores when figuring out where to open new locations.
"Richelieu was identified as a market gap and so this is an area that we wanted to cover," Bove said.
Most people in Richelieu have to travel at least 20 kilometers to purchase legal cannabis. By making it more convenient to shop in its stores, the SQDC is also trying to take a chunk out of the black market, according to the Crown corporation's director of operations, Alban Troja.
"We still have a way to go, but we converted 63 per cent of the consumers from the illegal market to the legal market. So, you know, it's more than the majority," Troja said.
Profits are also going up.
The SQDC made more than $662 million in sales in the last fiscal year and had a net income of $104.1 million, up 10 per cent from the previous year.
Of those amounts, $217.3 million in taxes were collected — the majority ($154.7 million) going to the provincial government.
Its plans to expand are only growing.
"In the next two to three years, we'd like to open around ... 20 additional stores across the province of Quebec," Bove said.
"This year we have nine planned."
CTVNews.ca Top Stories
Thinking about quitting social media? There may be another option, B.C. researcher says
Strategies for mitigating the negative mental health effects of social media tend to focus on reducing time spent scrolling, according to a B.C. researcher, who says there may be a way to limit the harm without logging off.
Father, 2 children missing from northern B.C may be travelling to Alberta: RCMP
Mounties in B.C. are asking the public for help locating a father and his two children who have not been seen since Friday.
Prince Harry makes surprise Grey Cup appearance in Vancouver
Prince Harry surprised football fans Sunday, appearing at the Grey Cup in Vancouver before the Toronto Argonauts took on the Winnipeg Blue Bombers.
Trudeau says he could have acted faster on immigration changes, blames 'bad actors'
Prime Minister Justin Trudeau says the federal government could have acted faster on reining in immigration programs, after blaming 'bad actors' for gaming the system.
Biden authorizes Ukraine's use of U.S.-supplied long-range missiles for deeper strikes inside Russia
U.S. President Joe Biden has authorized Ukraine to use U.S.-supplied long-range missiles to strike deeper inside Russia, easing limitations on the weapons.
E. coli outbreak linked to organic carrots leaves 1 dead and dozens sickened across the U.S.
The US Centers for Disease Control and Prevention is investigating an E. coli outbreak in at least 18 states linked to some organic carrots, which has led to at least one death.
Apparent Taylor Swift ticket scam targets hundreds who claim to be out $300K
An apparent scam allegedly targeting roughly four hundred people, many of whom based out of Burlington, Ont., claim to be out approximately $300,000 in total after believing they were purchasing Taylor Swift tickets in Toronto, but never receiving them.
Toronto Argonauts, Winnipeg Blue Bombers begin battle as 111th Grey Cup kicks off
The 111th Grey Cup has kicked off at B.C. Place Stadium with the Toronto Argonauts facing the Winnipeg Blue Bombers.
2 killed, 9 wounded in shootings in New Orleans near parade route
New Orleans police were investigating after two people were killed and nine others were wounded in two separate shootings Sunday along a parade route, authorities said.