Majority of Craft Distillers Receptive to Relationship with Larger Suppliers
In a recent analysis of craft distillers conducted by the Wine & Spirits Daily, 97% of distillers who were surveyed are projecting growth for 2016. Most companies expect between 10%-40% for the year but a large bulk of the thirty craft distillers who responded to...
Support Strengthens for Liquor Privatization in Utah
A recent poll reflects results that nearly half of Utah favors the privatization of alcohol. The exact percentages show that 49% favor privatizing liquor sales, 37% oppose, and 13% were unsure. The large support comes in light of recent campaigning by State Senator...
On-Premise Data Shows Growth in Spirits, Wine, & Beer
The Nielsen CGA On-Premise Measurement Report was recently released with data reflecting positive growth across several alcohol categories. Scott Elliot, SVP of Nielsen CGA, stated, “The latest numbers confirm the long term trends at play in the On Premise –...
Bill to Reduce Federal Excise Taxes on Alcohol Receives Support
Serious reductions on federal excise taxes on alcohol are being considered by Congress. For breweries, federal excise taxes would be reduced to “$3.50 per barrel on the first 60,000 barrels for domestic brewers who make fewer than 2 million barrels per year… $16 per...
Craft Spirits Acquisition: Constellation Brands Acquires High West Distillery
Utah-based High West Distillery was just acquired by Constellation Brands Inc., one of many leading suppliers who is continuing to fuel the trend of craft acquisitions. Constellation paid approximately $160 million for the craft producer, who has made a name for...
The TTB’s New Exemptions for Pre-COLA Requirements & Formula Approvals
This past week, the TTB released Industry Circular 2016-01, which details exemptions for certain pre-COLA requirements for certain alcohol products. The two pre-COLA requirements in question are formula approvals and laboratory analysis. The TTB highly suggested...
PA to allow direct shipping from abroad
Pennsylvania is the first state to allow international wineries direct shipping to residents. The other 43 states that have also enacted direct shipping only allow shipping from domestic wineries. “The changes were part of Act 39, an alcohol law overhaul that granted...
E-Commerce Site for Alcohol Started by Drizly
First there was Amazon, now there’s Drizly. It will be hard for another online retailer to compete with Drizly when it comes to selling alcohol online. Three years ago Drizly started as an app, similar to Uber, for on-demand delivery of alcohol in the US. The online...
N. California Winery Mergers Expected to Continue
Expect large wine companies to continue to acquire smaller wineries as they look to expand into the premium US wine segment. Roger Nabedian, who is a general manager at E&J Gallo, said, "I do think we are seeing another generational change, particularly up here in...