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2017 Second Quarter Commentary

For printable version which includes all graphs and tables, please click here.​​​​ The Package Store Many state laws decree that alcoholic beverages must be contained in a brown paper bag or similar package prior to the purchaser leaving the premises from where the beverages were obtained. Thus the term “package store” came to be synonymous with “liquor store”. Such laws were meant to cover the true identity of the contents. Presumably, these laws were developed after Prohibition ended in 1933 in order to assuage the sensitivities of those folks who looked down on the sale, purchase and consumption of spirits. In much the same way, the current investment cycle has seen a rush to investme

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