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ALCANNA.Inc . EDMONTON , ALBERTA , August 16 , 2021 - Alcanna Inc. ( the " Company " or " Alcanna " ) ( TSX : CLIQ ) today reported its financial results for the three and six months ended June 30 , 2021 . ● ALCANNA REPORTS SECOND QUARTER FINANCIAL RESULTS Second Quarter Financial Results and Business Update For the second quarter of 2021 , Alcanna's same - store liquor sales from continuing operations of $ 158.9 million was essentially equal to the increased sales realized for Q2 2020 during the initial months of the COVID - 19 pandemic of $ 159.8 million . Compared to Q2 2019 ( pre COVID - 19 pandemic ) , same - store liquor sales in Q2 2021 increased by 10.6 % . ● Since late March 2020 , the Company's liquor retail sales have been positively impacted due to a shift in customer consumption habits resulting from the COVID - 19 pandemic , where customers shifted away from on - premise alcohol consumption establishments , such as bars and restaurants with social distancing restrictions in place , to dining and entertaining at home with alcohol purchased at retail liquor stores . In June 2021 , the Alberta provincial government began easing COVID - 19 restrictions with substantially all restrictions eliminated as of July 1 , 2021. While the Company expects that people will return to bars , restaurants and other on - premise alcohol consumption establishments , it believes the consumption habits adopted during the first 15 months of the pandemic will at least partially continue with people eating and entertaining more at home . Alcanna anticipates that same - store sales will continue to trend higher than 2019 pre pandemic levels for that reason as well as a result of our strategy to expand our discount retail banner and capitalize on the increased popularity that our Wine and Beyond large format stores enjoyed during COVID - 19 restrictions . The operating profit before depreciation , remeasurements and provisions for the Company's Liquor and Corporate Segments for the three months ended June 30 , 2021 was $ 11.4 million in aggregate ( Q2 2020 : $ 12.9 million ) . This modest decline was anticipated as in the initial months of the COVID - 19 pandemic in the prior year that resulted in increased sales and resulted in lower spend on our marketing programs as we adapted to changing customer shopping habits during that period . Since the March 22 , 2021 spin out of Alcanna's retail cannabis business into a separate publicly traded company , Nova Cannabis Inc. , the Company indirectly participates in the retail cannabis business through its approximately 63 % ownership of Nova . As a result of this majority investment , 1