Community Notice: Tobacco Price Adjustment
COMMUNITY NOTICE
Date: September 29th, 2025
From: Sipekne’katik Economic Development
RE: Tobacco Price Adjustment
The cost of tobacco products has increased recently, resulting in the need to adjust both wholesale and retail pricing to reflect these higher costs. As a result, tobacco prices will increase effective October 1, 2025.
Tobacco revenues have been declining over the last five-year period, falling from $9,580,381 in 2020 to $6,765,973 in 2025. Declining profits in our tobacco operations jeopardize important community initiatives, such as assistance with energy costs for our Elders.
Securing Our Community Revenue
To strengthen and re-structure our wholesale and retail tobacco sales operations and prepare for expansion with a new location in Hammonds Plains, Sipekne’katik Tobacco Inc. was established in July 2025.
Sipekne’katik Smokes & Supplies will open at the Hammonds Plains Centre in October.
Sipekne’katik Tobacco Inc. is a wholly-owned subsidiary of Sipekne’katik Economic Development Inc. (SEDI). SEDI is our newly established economic development corporation, also incorporated in July 2025, which will own and operate all Own Source Enterprises on behalf of the community