Alberta-based retailer hit by Canadians drinking less booze, smoking less weed
SNDL Inc, an Edmonton-based liquor and cannabis retailer, reported Q2 revenue down about 4% to $235.8 million and a nearly $8 million loss. Liquor sales fell about 5% to $134.7 million and cannabis store sales slipped 1.4% to $83.2 million. Management cited weaker Canadian demand and vape production issues, and said U.S. retail expansion in Florida, Texas and Massachusetts is pending.




