Magnotta Winery Corporation (MGN.TO) Has a Crush on Grapes
Founded in 1990 by Gabe and Rossana Magnotta, Magnotta Winery Corporation is Ontario, Canada's third largest winery. Headquartered in Vaughan, Ontario, a few minutes north of Toronto, it is the only company of its kind in Canada licensed to produce and sell wine, beer, and distilled beverages. The company trades on the Toronto Stock Exchange and is a Platinum member of Canada's 50 Best Managed Companies. It is also a recipient of Vaughan's Business of the Year Award. Magnotta primarily sells direct to the consumer. They offer high-quality, low-cost alternatives to wines typically sold through the Ontario Government's LCBO (Liquor…