Yep, this is it. The LCBO hasn’t bought any of it. It’s sold on consignment, so the producer only gets paid once it sells. They’re not losing any money here, and they’re not throwing it out.
No, the provincial liquor control boards have enough buying power to negotiate the return of unsold inventory in their contracts. They don’t bear the risk of not selling, so for something like this, they’re contractually allowed to return all the unsold product for a refund (probably out the cost of shipping though).
If they aren’t selling their inventory then they are just taking a loss throwing it in the garbage? Brilliant.
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I’m pretty sure the LCBO sells on consignment. They’ll just ship it all back.
It’s one of the benefits of being the largest single booze purchaser in the world.
Yep, this is it. The LCBO hasn’t bought any of it. It’s sold on consignment, so the producer only gets paid once it sells. They’re not losing any money here, and they’re not throwing it out.
deleted by creator
No, the provincial liquor control boards have enough buying power to negotiate the return of unsold inventory in their contracts. They don’t bear the risk of not selling, so for something like this, they’re contractually allowed to return all the unsold product for a refund (probably out the cost of shipping though).
someone has to