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Yearly Archives: 2018
This is why my brewery shut down. DRAFT
Since the mid-2000s, opening a brewery has been a pretty solid business decision. Even as the total number of breweries in the U.S. rapidly...
Holy $h!+ Goldman Downgrades Beer Stocks – Millennials Prefer Wine. CNBC
Goldman downgrades beer stocks because millennials like wine better
Goldman Sachs downgraded Boston Beer Company and Constellation Brands because millennials consume more wine...
Urban Remedy Raises $17 Million.
Today, “ultra-fresh” food and beverage producer Urban Remedy announced it had closed a $17 million round of capital, with General Mills’ venture arm, 301...
Koloa Rum Unveils Inaugural Aged Hawaiian Rum.
KALAHEO, KAUAI, Hawaii, Jan. 18, 2018 /PRNewswire/ -- Hawaii's award-winning Koloa Rum Company has announced the launch of its first-ever Kauai Reserve Three-Year Aged Hawaiian Rum.
Artfully crafted in single-batches at...
A Texas Vodka Tycoon Is The Father Of American Craft Distilling (2013).
“All I was trying to do was meet some girls,” admits Tito Beveridge on the phone from his distillery outside Austin. “I just thought that if...
Bacardi Buys Patron, at $5.1 Billion. Bloomberg.
Bacardi Ltd. is tapping into the fast-growing market for tequila by acquiring Patron Spirits International AG in a deal valuing the company at $5.1...
Leading Vodka Brands Reload To Take On Tito’s Challenge.
Even as consumers continue to gravitate toward brown spirits, vodka remains the spirits industry’s undisputed champion, accounting for roughly one-third of the total market. The...
Rapper Drake to IPO a Whiskey? (BevNet)
WEST HOLLYWOOD, Calif. — Grammy-award winning and certified platinum-selling recording artist, Drake, in collaboration with acclaimed spirits producer and entrepreneur Brent Hocking, today announced the intention to...
Sonoma Brands Investing $5 – $12 Million Per in New Brands,
The newly launched second fund at Sonoma Brands, which made Guayaki its first investment, will seek to invest between $5 to $12 million in...