I think that 900 mill is actually just from the distribution, but it is over 2 years and includes the whole distribution (the 2 warehouses only account for about 55% of the distribution). Still, that's currently an annual amount of $247.5 million, which would be incredible for a $700 mill investment.
The additional info on the lobbyist is interesting as well. It's not just the macro's that want a piece of the action. And if the provincial barriers ever come down, distributing Okanagan wine across the country could be VERY profitable.
This would be a VERY stupid sale... it only helps to balance the books before the next election.
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We have a trivia question in order to register to prevent bots. If you have any issues with answering, contact us at cass@bartowel.com for help.
Introducing Light Mode! If you would like a Bar Towel social experience that isn't the traditional blue, you can now select Light Mode. Go to the User Control Panel and then Board Preferences, and select "Day Drinking" (Light Mode) from the My Board Style drop-down menu. You can always switch back to "Night Drinking" (Dark Mode). Enjoy!