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Wednesday, April 20, 2016 11:28:06 AM
Just my take, GLTA, hope it works out. I just know from CAGR that Frank had the same big talk about the Chinese wine market but ended up with one store in the basement of a mall that nobody went to. He went from being a wholesale distributor to the entire Chinese market to a single failed store.
One more thought, he will not get access to Cuban tobacco. Habanos S.A. controls that and they have more demand, with an embargo, than they can supply. They are actually buying tobacco from Dominican Republic because they don't have enough.
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