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Strategies & Market Trends : Dino's Bar & Grill -- Ignore unavailable to you. Want to Upgrade?

To: fringe who wrote (41116)	4/24/2018 8:26:04 PM
From: Goose94	Read Replies (1) \| Respond to of 202922

Liquor Stores N.A. (LIQ-T) top pick from Colin Stewart on BNN.ca Market Call Tuesday April 24th @ 1300ET The largest liquor retailer in Alberta, Liquor Stores N.A. also operates in B.C. and Alaska. The company’s new management and board took over in mid-2017, making significant strategic progress. A turnaround is underway: The company is reinvesting in stores, reducing costs, improving inventory position and focusing on private label. Liquor Stores announced the launch of a cannabis retail business in Alberta and B.C., offering a large opportunity with significant earnings potential (initial goal is to open 50 stores in 2018). They received strategic investment from Aurora Cannabis, with Aurora acquiring 20 per cent of Liquor Stores at $15 per share (a 55 per cent premium to the current share price). The company’s balance sheet is very strong and the valuation at current levels prices in almost no upside from the cannabis opportunity.