CBC: Michael Armstrong is an associate professor at Brock who studies operations and logistics. He has researched alcohol sales trends as part of his work on how they interact with sales in the cannabis industry.
He estimated the annual carrying costs associated with storing $79.1 million worth of delisted U.S. alcohol, including warehousing, insurance, security and tied-up capital, could range from roughly $10 million to $30 million annually.
“We’re willing to spend $20 million a year to not sell your booze,” he said. “Is that worthwhile? I have no way to judge that.”…