MONTRÉAL, June 10, 2026 /CNW/ - For its fiscal year ended March 28, 2026, the Société québécoise du cannabis (SQDC) reported total sales of $809.5 million, compared with $741.5 million for the preceding fiscal year, resulting in net income of $132.4 million versus $118.1 million in fiscal 2024-2025. To this can be added the government revenues generated by the company's operations in the form of consumer and excise taxes, estimated at $278.8 million, with $198.9 million going to Québec and $79.9 million to the federal government. All told, the SQDC is contributing a total of $331.3 million to the Québec treasury.

The $132.4 million dividend and the Québec portion of the excise tax are remitted in full to the Ministre des Finances du Québec. A total of $250.6 million will thus be transferred to the Fonds de lutte contre les dépendances and earmarked primarily for cannabis-related prevention efforts and research and in countering the harmful effects of psychoactive substances.

Since 2018, when it began doing business, the SQDC has surpassed the $2 billion mark in payments made to the two levels of government, generating $2,039.3 million in total financial benefits. By law, all cannabis sold at the SQDC must be grown in Canada.

Highlights

Guided, as always, by its mission to sell cannabis with a focus on health protection, the SQDC has launched numerous initiatives to encourage users to switch to the legal, regulated market and to remain their trusted destination for buying ...