I'm Not sure how I should feel about this being new to this hobby I see the passion and artistry and time spent hand crafting things of beauty, and then I see gas station smokes that are all but nasty, DE paints a nice picture in that article but a year from now? Maybe IF Swisher can keep the nasty hands out of the mix and just be a parent company. I guess buy up now!
Personally, from a business stand point...smart move. DE got real big, real fast. I'd put dollars to donuts that they don't have the cash flow to stand up to the possible FDA sanctions. Swisher however, does.
A few weeks ago I jokingly made such a remark. Who knew it would actually happen.
Correction, i meant sam leccia. Maybe they will team up and form a new cigar company DrewLeccia.
Here is my biggest question...does this mean people with DE accounts will have to also have a swisher account? I know when camacho was bought by davidoff all davidoff accounts had to order a certain amount of camacho stuff. If swisher goes this way IMO DE will lose a good amount of accounts! I mean how many high end b&m's with liga accounts will even want the word swisher mentioned in them. For the DE fanboys I really hope this will not affect any of the products but in many ways it probably will.
Seeing this more and more. I'm guessing the smaller guys are starting to get worried about the FDA. And it might be the only way their brands survive. And I can understand JD saying nothing was in the works, insider info laws and all that. You can get in big trouble. My company has been bought and sold half a dozen times and we never know for sure until it's a done deal.
There's an interesting dichotomy going on. Some companies like DE and Torano getting sucked up into big tobacco guys like General and Swisher... but also a lot of boutique brands coming out. Is the industry headed in the direction of little boutique brands or one company owns 70% of brands?
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