NSLC Raises Booze Prices And Drops The Cost Of Cannabis
HALIFAX–The Nova Scotia Liquor Corporation revealed its spring price adjustments that will boost the cost of alcohol by 3.5 percent, while cannabis prices will drop 2.75 percent.
NSLC Spokesperson Beverly Ware says compared to the regular increases imposed over the last five years, this is the most significant.
“In the past, our increases have all been around 1 percent. But this year due to pressures being felt by our suppliers and ourselves so this year we had to go in a different direction,” Ware said.
The NSLC opted to go with an overall 3.5 percent increase so as to avoid any drastic price changes.
“By doing this people won’t see massive spikes in particular products but rather will see it spaced out across similar products,” Ware said.
Although the NSLC is calling it a 3.5 percent overall increase, Ware says that the increases will be done based on product types like wine, spirits, and beer.
“There will be minor changes based on product categories but overall it will work out to the 3.5 percent figure.”
On the Cannabis front, prices are dropping a trend that has continued since the initial introduction of legal cannabis. “We continue to see cannabis prices drop as more companies become settled in the relatively new industry,” Ware said.
The price changes came into effect on March 25.
Evan Taylor is a reporter with CKBW in Bridgewater, a Huddle content partner.