Hemp-derived products boosting sales at Minnesota’s municipal liquor stores

Minnesotans are high on newish hemp-derived products that hit liquor store shelves in A overview circulated Wednesday by State Auditor Julie Blaha s office underscores the boost that a line of THC-infused beverages and gummies are bringing to profits to Minnesota s liquor stores owned and operated by cities Yes there are still municipal liquor stores in Minnesota In the stores made a net profit of million on record sales of million And the authorization of hemp-derived THC products had a lot to do with it operators of the stores say Let me tell you the horse is out of the barn commented Paul Kaspszak executive director of the Minnesota Municipal Beverage Association It s running down the road I know about horses running down the road you can t see his tail OK it s here to stay This was the first statement to account for the legal sales of gummies and beverages containing CBD or THC Minnesota legalized full-fledged cannabis in but broad retail sales have yet to begin with the exception of dispensaries on tribal lands We don t have enough years to really call trends on this Blaha declared deferring to those on the ground to offer their firsthand accounts While the review doesn t break down the types of sales operators who appeared with Blaha for its release mentioned they have noticed a distinct shift in the direction of alcohol alternatives They declared that wine and beer sales have trended down at the same time St Anthony Village liquor operations director Mike Larson commented he began offering the THC products in August of and has seen strong demand from customers We have seen sales grow dramatically month after month he revealed Since the introduction we have tracked an immediate impact on sales and see that our consumers are interested in learning more about the benefits of using and trying these products Overall Blaha mentioned municipal liquor stores have experienced net profit rise over the last several decades Here s the top line municipal liquor stores show years of consecutive upsurge even with an evolving domain she reported They ve evolved into places to meet as a group as well as a critical reservoir for inhabitants revenue Thirty-one cities communicated net losses in according to the statement the bulk of which were in greater Minnesota Related Articles DHS terminated visas of Mankato students Minnesota State University says rd person pleads guilty in k attempt to bribe Feeding Our Future juror Mayo Clinic researchers lose cancer grant after cancellation by Trump administration Identical twin sister spared prison for trying to swap identity in fatal Amish buggy crash St Paul Businesses concerned with early start on Arcade Street closures