NB Liquor has released its product sales results for the third quarter ending December 31, 2023.

Total product sales for the quarter were $141.5 million, that’s up 2.8 per cent compared to the same period in 2022.

Net income for the quarter was $55.3 million, 2.4 per cent higher than the prior year’s third-quarter net income of $54.0 million.

Wine sales increased 1.4 per cent, up half a million dollars.

Spirit sales rose 1.9 per cent, up $0.7 million.

Beer sales increased 1.8 per cent, up $1.0 million.

Sales of coolers and cider increased 12.5 per cent, up $1.7 million.

Meantime, Cannabis NB also saw increases for the same quarter.

Total product sales were $23.9 million, an increase of 10.5 per cent.

Net income for the quarter was $6.0 million, 26.5 per cent above the prior year’s third quarter net income of $4.8 million.

Sales of dried flower increased 8.2 per cent, up $0.9 million, while sSales of edibles increased 11.8 per cent, up $0.2 million, sales of infused beverages increased 38.3 per cent, up $0.2 million, sales of topicals increased 30.0 per cent, up $45.2 thousand and concentrates sales increased 18.1 per cent, up $1.2 million.

Extracts sales decreased 20.7 per cent, down $0.2 million.

Sales of accessories also dropped 4.8 per cent, down $43.1 thousand.