2022 PEICMC Annual Report

Table of Contents

PEICMC - What Guides Us

3

Table of Contents

5

Message from the Minister

6

Message from the Chairman

6

Message from the CEO

7

Corporate Governance

8

Mandate of the PEI Cannabis Management Corporation Board

9

Please Don’t Drive Impaired

Accountability to Government and Public

9

Appointment of Board Members

9

Audit Committee

9

Organizational Chart

10

Executive Summary

12

Sommaire

13

Operational Overview

14

Strategic Goal 1 - Business Results

14

Strategic Goal 2 - Customer Experience

17

Strategic Goal 3 - Corporate Social Responsibility

20

Strategic Goal 4 - People & Culture

23

Featured Supplier - Canopy Growth Corporation

26

PEI Cannabis Outlets

27

Statistics

28

Store By Store Net Sales Analysis

28

Dried Cannabis Equivalency Sales

28

Dried Flower Sales By Pack Size

28

Operating Expenses Analysis

29

Management’s Report

30

Appendix

Auditor’s Report and Audited Financial Statements

32

5

PEICMC 2021-2022 Annual Report