LIQUOR STORES NA LTD 4.70 PCT DEBS T.LIQ.DB.B

RE:BC Grocery stores can't sell if within 1km of existing store

[nonvoyan]

Yeah I saw that float up on reddit as well. &nbsp; &nbsp;I think it makes sense unfortunatrely. &nbsp; The BC government created this highly regulated prohibitionist style evironment, and the private liquor stores have invested heavily from that environment.<br /> <br /> TBH, I don&#39;t think sales would fall that badly.<br /> <br /> Where I live for example there&#39;s four private liquor stores within a 10 minute drive to a signature liquor store.<br /> <br /> None of those are suffering. &nbsp; If I want beer I&#39;m not going to stand in line at Wal-Mart or Superstore. &nbsp;<br /> <br /> I think there&#39;s some irrational fear making a run at this stock, but honestly it&#39;s not going to be as bad as we think anyway.<br /> <br /> Just because there&#39;s a Safeway around doesn&#39;t mean 7-eleven is going to suffer. &nbsp;&nbsp;<br /> <br /> Let&#39;s face it, I won&#39;t be able to get craft local microbrews at a grocery store. &nbsp;<br /> <br /> I think we&#39;ll be fine over all. &nbsp;