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Alcanna Inc. T.CLIQ


Primary Symbol: LQSIF

Alcanna Inc is the private-sector largest retailer of alcoholic beverages in Canada and in the top 3 in North America. The company operates 240 stores under the brand names Wine & Beyond, Liquor Depot and Brown Jug in Alberta, B.C. and Alaska. Alcanna – owned 25% by Aurora Cannabis Inc after a $138 million cash injection in 2018 – also owns the Nova Cannabis brand with 5 stores in Alberta and 1 in Toronto and anticipates reaching 100 Nova stores by the end of 2021


OTCPK:LQSIF - Post by User

Comment by Magnum2on May 30, 2019 7:19am
481 Views
Post# 29784175

RE:RUM close to BK, CLIQ will go BK too

RE:RUM close to BK, CLIQ will go BK tooAce/Solo were cheap and dirty places, and tried to compete occasionally on pricing....
Liquor Depot, tries to wow a little with nicer stores, but can't even come close on pricing 
of any of their products, but they do win out on convienence....only to canabalis their own 
stores as they are way too close together.

Competition for liquor sales is tough and about to get tougher if the Oil prices and trade war
continues to hurt  Western Cdn farmers.... a very bad move IMO to try to take on more liquor stores 
in an already over competitive mkt that they are on the wrong end of....Sobeys and Superstore
will crush these guys.

Any move higher in the SP, and shorts will be lining up again....
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