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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. Its principal business activities include the production, marketing and sale of wine, and through its agency division, operating as Trajectory Beverage Partners (TBP), distribution and marketing activities for various beverage alcohol brands. Its brands include Twenty Bees, Creekside, EastDell, Mindful, Lakeview Wine Co., Shiny Apple Cider & Fresh Wines, and Backyard Vineyards. These products are available at government liquor boards, grocery stores and licensed establishments across Canada. It operates four production facilities, three in Ontario and one in British Columbia. The Company distributes a complementary portfolio of international wines and spirits through a subsidiary. TBP 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
101 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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