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Hospitality licensees forced to close during the pandemic can get financial relief by selling their liquor stock to other licensees or private liquor stores.
Photo via Wikimedia Commons
Closed hospitality businesses can sell liquor stock
Published 11:06 PDT, Mon June 8, 2020
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Hospitality licensees who have closed during the COVID-19 pandemic can sell their existing liquor stock to operating licensees or private liquor stores.
These changes provide immediate financial relief for licensees unable to meet the guidelines and mandates established by the provincial health officer by allowing them to liquidate some inventory.
The temporary authorization from the Liquor Distribution Branch was requested by the Business and Technical Advisory Panel, a group of liquor industry leaders, as a way of supporting the industry during the COVID-19 pandemic.
The authorization is set to expire on July 15. However, as the pandemic is an evolving situation, the Liquor Distribution Branch will review this and other temporary authorizations as necessary.
Read the policy directive here.
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