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Liquor Stores N.A. LQSIF

Consumer Cyclical Specialty Retail


GREY:LQSIF - Post by User

Liquor Stores N.A. > CLIQ Selling 40+ stores in Alberta
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Comment by COGTon Feb 27, 2020 9:23am
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Post# 30739911

RE:RE:RE:RE:CLIQ Selling 40+ stores in Alberta

RE:RE:RE:RE:CLIQ Selling 40+ stores in AlbertaCity of Calgary business tax through the roof and rents following 
1700 stores in Alberta Alcanna has 120 now or 6% of the market with most paying high rent and making small margins 
Most stores will price match with ACE so no advantage 
The money Aurora gave Alcanna (at $15/sh !) was earmarked to build out 100 pot stores NOT to burn through in the liquor business.Its gone...
Law Suit coming? -What would you do?
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