Quebec will have one less cannabis store in Montreal soon, as an SQDC location is expected to close on March 2.
The news, shared first by the Canadian Press, says the Plaza Saint-Hubert location, with 11 employees, will be closing on March 2. A termination notice was sent out to members of the Canadian Union of Public Employees (CUPE), which represents the majority of union members in SQDC branches, and says the end of employment will be March 23, providing time to fully close the store down.
The SQDC has 98 locations across Quebec. This will be the first store to close in the province. In an interview with StratCann in 2023, the then-president and CEO of the SQDC said the province was shifting away from approving new stores with a new focus on approving new products to attract consumers.
The SQDC’s most recent quarterly report, released in November 2023, showed the province had brought in $61.4 million from cannabis sales and taxes in the second quarter of 2023, selling $151.7 million worth of cannabis.