2021 PEICMC Annual Report

Table of contents

3 5 6 6 7 8 9 9 9 9

PEICMC - What Guides Us

Table of Contents

Message from the Minister

Message from the Chairman

Message from the CEO

Corporate Governance

Mandate of the PEI Cannabis Management Corporation Board

Accountability to Government and the Public

Appointment of Members, Chair, and Vice Chair of the Corporation

Audit Committee

10 12 13 14 14 17 20 23 26 27 28 28 28 28 29 30 32

Organizational Structure

Executive Summary

Sommaire

Strategic Review Of Operations

Strategic Goal 1 - Business Results

Strategic Goal 2 - Customer Experience

Strategic Goal 3 - Corporate Citizenship

Strategic Goal 4 - People & Culture

Featured Supplier - Canopy Growth Corporation

Retail Storefront Distribution

Additional Statistical Breakdown

Store By Store Net Sales Analysis

Dried Cannabis Equivalency Sales

Dried Flower Sales By Pack Size

Operating Expenses Analysis

Management’s Report

Financial Statements

PEI Cannabis Î.-P.-É. • 2021 Annual Report 5