Société québécoise du cannabis

The Société québécoise du cannabis (SQDC; transl. Québec Cannabis Corporation), a subsidiary of the government-owned SAQ, has a legislated monopoly on the sale of recreational cannabis within the province of Québec.[1] The act establishing the Crown corporation, Bill 157, was tabled in the National Assembly of Quebec on November 16, 2017, and was officially adopted on June 12, 2018.[1][2]

Société québécoise du cannabis
TypeCrown Corporation
IndustryRetail
Founded2018
Headquarters7500, rue Tellier, Montreal, Quebec
ProductsRecreational cannabis to consumers
OwnerGovernment of Quebec
ParentSociété des alcools du Québec
Websitewww.sqdc.ca

To manage a contract valued at approximately CAD$500 million (US$400 million), the Government of Quebec opened 12 SQDC branches in 2018;[3] by March 2022, this had increased to 87 SQDC retail locations throughout the province.[4]

Financing

Under the Act respecting the Société des alcools du Québec,[5] the SQDC's revenues from the sale of cannabis must be used for the following purposes:

  • The elimination of any deficit that the SQDC may incur;
  • The transfer to be made by the Minister of Finance each year to the Cannabis Prevention and Research Fund, and also the prevention of the use of psychoactive substances, as well as the fight against related harms.

See also

References
  1. Plante, Caroline (12 June 2018). "Quebec passes long-awaited cannabis law". CTV Montreal. Retrieved 19 June 2018.
  2. Laframboise, Kalina (16 November 2017). "Quebec government reveals details of marijuana bill". CBC News. Retrieved 13 July 2018.
  3. Lessard, Denis. "Des règles sévères pour la consommation du cannabis". La Presse (in Canadian French). Retrieved 2019-03-22.
  4. https://www.sqdc.ca/fr-CA/Magasins%5B%5D
  5. "Act Respecting the Société des Alcools du Québec". Act of February 1, 2020.
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