The first year of the COVID-19 pandemic saw a big increase in alcohol and cannabis sales in Manitoba — but casino revenues plummeted. As well, cannabis revenues jumped by 56 per cent to $80.2 million in 2020-21, a significant jump from $51.5 million in 2019-20. That sales spike could be attributed in part to 42 new cannabis stores that sprouted up during the fiscal year. The Liquor, Gaming and Cannabis Authority of Manitoba's website now lists well over 100 licensed cannabis stores across the province. Despite increases in liquor, cannabis sales and online gaming, the pandemic ultimately slashed the corporation's net income to $425 million, a decrease from $606 million in the previous year.

Source: CBC News October 01, 2021 00:21 UTC