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Diamond Estates Wines & Spirit Inc V.DWS

Alternate Symbol(s):  DWWEF

Diamond Estates Wines & Spirits Inc. is a Canada-based producer of wines and ciders, as well as a sales agent for over 120 beverage alcohol brands across Canada. The Company operates five production facilities, four in Ontario and one in British Columbia, which produce predominantly VQA wines under brand names, such as 20 Bees, Creekside, EastDell, Lakeview Cellars, Mindful, Queenston Mile, Shiny Apple Cider, Fresh, Proud Pour, Red Tractor, Seasons, Serenity, Persona and Backyard Vineyards. The company also markets Niagara wine to liquor boards, grocery stores and licensed establishments in Canada, Asia and Europe. In addition, the Company distributes a complementary portfolio of international wines and spirits through a subsidiary. Through its commercial division, Trajectory Beverage Partners, the Company is the sales agent for many international brands in all regions of the country, as well as being a distributor in the western provinces.


TSXV:DWS - Post by User

Post by habsfanon Nov 23, 2023 12:06pm
215 Views
Post# 35750163

Results

Results

Just a quick comment on one of the notes contained in the results just released.  

Andrew talks about the expected significant growth through their colaberation with Reniessance which is great.

However, as part of their partnership/colaberation Trajectory can also be bought out.  I don't see any long term benefit to DWS.  So the plan is to build up reoccurring revenue streams then sell and let someone else enjoy the long term benefit of ongoing revenue.

I understand growing (long term) revenue is great but to then turn around and give up a solid revenue base does not seem wise.  How does this help shareholders long term? 

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