originally posted by Florida Jim:
Tristan,
If a state were to go rogue, which do you see as possible?
Best, jim
Darn good question Jim.
I think the pressure Costco was exerting in WA is good example of how it might happen. Chisel away at the edges. Bribe the legislature as much as the mega-distributors. Problem being the prize will always be worth more for SWS (inter alia).
A few years ago, when Republic was still a stand alone entity I might have guessed TX.
States I'd definitely bet against: PA, NY, MD, UT, MN, IL. CA and FL have their own problems, with CA being a little more open. So once you knock out the big population centers, you'd need a prairie fire.
It is depressing.
I have been out of the industry for a few years now (I was on the dark side, not the side goodness and light) , so have lost track of some trends.
I am reminded of another problem: the maze of local licensing issues. Constellation, Diageo, Gallo, BF, Beam-S, P-R, just don't want to hire people to manage that. So for once the distributors claim of "adding value" is true. It never justifies the markup, of course.