P.E.I.'s marijuana agency reports 1st profit
The P.E.I. Cannabis Management Corporation is reporting a profit of $653,000 in its most recent annual report, for the fiscal year that ended March 31, 2020.
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CBC News ·
Posted: Jan 14, 2021 10:50 AM AT | Last Updated: January 14
Islanders line up on the first day of sales at P.E.I. Cannabis in October 2018. The P.E.I. Cannabis Management Corporation reported its first profit in the 2019-20 fiscal year. (Steve Bruce/CBC)
The Prince Edward Island government made a profit selling marijuana last year, for the first time.
The P.E.I. Cannabis Management Corporation is reporting a profit of $653,000 in its most recent annual report, for the fiscal year that ended March 31, 2020.