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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

Comment by TheCount11on Feb 22, 2024 9:40am
70 Views
Post# 35892983

RE:Who knows what will eventually happen ????

RE:Who knows what will eventually happen ????I share your sense of frustration with publicly traded wineries.  I am including Peller as well.  Publicly traded wineries have some of the worst self serving management.

Lassonde is keeping DWS on life support as they bleed existing shareholders through dilution.  

The Lassonde faces the same problem any other shareholder does.  Asymmetric information, different interests and time.  Why would Lassonde management want to invest executive time into a tiny money losing winery with bad brands and no scale?
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