Société québécoise du cannabis

Société québécoise du cannabis

Type	Crown Corporation
Industry	Retail
Founded	2018
Headquarters	7500, rue Tellier, Montreal, Quebec
Products	Recreational cannabis to consumers
Owner	Government of Quebec
Parent	Société des alcools du Québec
Website	www.sqdc.ca

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]

The Government of Quebec opened 12 branches in 2018 to manage a contract valued at approximately $500 million Canadian.^[3] By September, 2019, there were 21 SQDC retail locations.^{[citation needed]}

Financing and income[]

Under the Act respecting the Société des alcools du Québec,^[4] 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.

References[]

See also[]

• Cannabis in Quebec

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