Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News Editorials & Other Articles General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

Swede

(38,443 posts)
Sun Aug 3, 2025, 02:50 PM Aug 2025

Kentucky Faces Massive Job Loss as 3 Major Whiskey Distilleries Go Bankrupt (good time for Canada to tariff them)

Because fuck 'em.

Kentucky's bourbon industry is worth $9 billion annually. However, it is facing unprecedented turmoil.

Three major distilleries filed for bankruptcy within eight months, affecting the industry and thousands of jobs in America's whiskey heartland. The industry supports over 23,000 Kentucky workers and has an annual payroll of $1.6 billion.


https://www.msn.com/en-us/money/markets/kentucky-faces-massive-job-loss-as-3-major-whiskey-distilleries-go-bankrupt/ss-AA1JITy1

72 replies = new reply since forum marked as read
Highlight: NoneDon't highlight anything 5 newestHighlight 5 most recent replies
Kentucky Faces Massive Job Loss as 3 Major Whiskey Distilleries Go Bankrupt (good time for Canada to tariff them) (Original Post) Swede Aug 2025 OP
Bless their hearts dem4decades Aug 2025 #1
Garrard County Distilling, Kentucky Owl's parent Stoli Group, and Luca Mariano Distillery filed for bankruptcy between.. cadoman Aug 2025 #2
I'm confused, ForgedCrank Aug 2025 #3
MAGA doesn't represent American values or beliefs. Dan Aug 2025 #8
4 out ForgedCrank Aug 2025 #9
Do you think we should be nice to the confederates ? Nigrum Cattus Aug 2025 #16
I didn't ForgedCrank Aug 2025 #38
Kentucky has a Democratic governor. yardwork Aug 2025 #60
Nothing to do with tariffs..Clickbait article TnDem Aug 2025 #24
It's not clickbait. It's a current story of distilleries having trouble selling their booze. Swede Aug 2025 #44
OK, but the troubles have nothing to do with tariffs TnDem Aug 2025 #54
I know that. Maybe the article was not clear to some people. Swede Aug 2025 #68
Smiling, Dan Aug 2025 #29
You keep ForgedCrank Aug 2025 #39
You're completely wrong -- and I speak from firsthand experience. W_HAMILTON Aug 2025 #42
What about the 42% who voted against Mitch? Gimpyknee Aug 2025 #12
I'm a red state Democrat Bettie Aug 2025 #18
100% right. I to live in a red state (in a purplish district) and these people will only learn if they feel the pain Cheezoholic Aug 2025 #30
I agree. Some people need to B.See Aug 2025 #33
And Rand Paul Mysterian Aug 2025 #40
Exactly... FarPoint Aug 2025 #55
The people who hate us aren't suddenly going to like us just because we try to be nice to them. Aristus Aug 2025 #22
Ok, I ForgedCrank Aug 2025 #66
We are happy to see justice served and the karma train to pull into the MAGA station. Irish_Dem Aug 2025 #27
yes Nimble_Idea Aug 2025 #31
So sorry about your self-described mental state. Maru Kitteh Aug 2025 #61
I guess ForgedCrank Aug 2025 #62
Meanwhile, the "fuck your feelings" crowd wouldn't piss on someone they disagree with if they were on fire. BannonsLiver Aug 2025 #64
I didn't say ForgedCrank Aug 2025 #65
I gave up that hope a long time ago. BannonsLiver Aug 2025 #67
Are they? That's debatable. At least for 60 percent of those lowlifes. BannonsLiver Aug 2025 #63
I guess the Canadian boycott contributed a bit to this Ritabert Aug 2025 #4
In 2024? MichMan Aug 2025 #45
If it hasn't already it will. Ritabert Aug 2025 #51
Sorry, but no state deserves FAFO more than Kentucky because they kept voting for Baitball Blogger Aug 2025 #5
And for those who didn't? Gimpyknee Aug 2025 #15
vote with dollars, vote with feet Nimble_Idea Aug 2025 #32
Remember when we stopped buying American alcohol in Canada 4 months ago? LetMyPeopleVote Aug 2025 #6
It's a shift in drinking habits but more so availability of bourbon Melon Aug 2025 #7
WOW, MSN is totally a trash site. Slows my browser w-a-y down to play videos I didn't ask for. Mostly "good horror" .... eppur_se_muova Aug 2025 #10
it would be to the benefit of everyone to go down a level with our news sources cadoman Aug 2025 #70
MUCH better link: https://www.thestreet.com/retail/another-bourbon-and-whiskey-maker-files-chapter-11-bankruptcy eppur_se_muova Aug 2025 #11
Something doesn't add up. TSF's tariffs didn't start until 2025... brush Aug 2025 #13
Where do you get 2024? The Street article (post just above you) is July 2025 and talks about June (2025). . . . nt Bernardo de La Paz Aug 2025 #21
Read the article TnDem Aug 2025 #25
The links are from '24. brush Aug 2025 #43
Don't attempt ForgedCrank Aug 2025 #41
Just keeping things straignt. It's a discussion board. We discuss, sometimes disagree. brush Aug 2025 #46
"And I'm no fool. I'm at an undisclosed location" ForgedCrank Aug 2025 #48
Thanks, FC. brush Aug 2025 #53
When you lose a large market share like Canada Dan Aug 2025 #49
Certainly can't blame them. brush Aug 2025 #50
Unless the spirit is distilled in a BLUE STATE, I'll NEVER BUY! wolfie001 Aug 2025 #14
Basic cause/effect stollen Aug 2025 #17
Canadians went one better than tariff: we removed most of it from our shelves. US wine too. . . . nt Bernardo de La Paz Aug 2025 #19
Haven't some of the provinces since reversed that? Alberta or Manitoba? LauraInLA Aug 2025 #47
Alberta & Saskatchewan. They have Canada's two most conservative Premiers. . . nt Bernardo de La Paz Aug 2025 #52
Whether it's there or not, I'm still not buying it. MrsCheaplaugh Aug 2025 #59
Now they do make some fine American Whiskey... bourbon / corn liquor... in KY & TN but tastes have changed in America and Botany Aug 2025 #20
Bankruptcies TnDem Aug 2025 #23
They are OEM's. The major brands buy their whiskey from them to sell in the liquor market. n/t Jacson6 Aug 2025 #28
Which major brands? TnDem Aug 2025 #36
A lot of this is due to the declining consumption market and the fact the yuppie inflated market over the last 20 years Cheezoholic Aug 2025 #37
It will be interesting to hear how the right wing media will blame President Biden for this ! kimbutgar Aug 2025 #26
Well since the bankruptcies were initiated before Trump took office, they probably will MichMan Aug 2025 #57
Republicans voted for shithole ....................... Lovie777 Aug 2025 #34
Did Hegseth really quit drinking? Norrrm Aug 2025 #35
"Private equity" KentuckyWoman Aug 2025 #56
Isn't that the essential purpose of declaring bankruptcy? MichMan Aug 2025 #58
Makes me glad I'm a scotch drinker. (nt) Paladin Aug 2025 #69
There is a shakeout among craft breweries also as alcohol sales decline GreatGazoo Aug 2025 #71
Drink up MAGAts, it's the patriotic thing to do! hic...hic... RedWhiteBlueIsRacist Aug 2025 #72
 

cadoman

(1,617 posts)
2. Garrard County Distilling, Kentucky Owl's parent Stoli Group, and Luca Mariano Distillery filed for bankruptcy between..
Sun Aug 3, 2025, 03:07 PM
Aug 2025

"...November 2024 and July 2025"

Garrard County was a recent entry, starting up in 2024.

https://www.fredminnick.com/2025/04/04/garrard-county-distilling-closes-faces-2-2-million-lawsuit/

Kentucky Owl parent Stoli's story is even more wild, as it apparently boils down to shutdown through international Russian mafia tactics??

https://www.cnn.com/2024/12/02/business/stoli-vodka-usa-bankruptcy/index.html

Luca Mariano was another recent entry that just flopped.

https://www.kentucky.com/lexgoeat/bourbon/article310886095.html

Weird how a clickbait article framed as a tariff issue had nothing to do with tariffs at all. Still, lots of interesting data that for some reason was nowhere in the article.

ForgedCrank

(3,034 posts)
3. I'm confused,
Sun Aug 3, 2025, 03:08 PM
Aug 2025

now we are actively rooting for American job losses and internal failure?
"Fuck em" ? WTF, these are Americans

Dan

(4,995 posts)
8. MAGA doesn't represent American values or beliefs.
Sun Aug 3, 2025, 04:01 PM
Aug 2025

What they are is a throw-back to the Confederacy and hate.

SO, like someone else pointed out - FAFO, it’s what they voted for with Trump and Mitch.

ForgedCrank

(3,034 posts)
9. 4 out
Sun Aug 3, 2025, 04:14 PM
Aug 2025

of 10 people in KY voted against Trump. And in the cities where these distilleries are generally at, the ratio is much higher in our favor. Those people lost their jobs. HAHAHAHAH! really?
It's not a mystery why our numbers continue to slide when we do shit like cheer when fellow Americans lose their jobs. Is this how we win friends and influence?
But I suppose we can go into the next election telling the other side that we hate them and can't wait to laugh at them if they lose their jobs. Surely that will turn things around for us. You know, like calling the confederate racists. No way they will reject us then!
And BTW, KY was about 70% Union during that war, many of them Black Americans... and some of their ancestors could have just lost their jobs. Hooray? I don't think so.

Nigrum Cattus

(1,242 posts)
16. Do you think we should be nice to the confederates ?
Sun Aug 3, 2025, 05:09 PM
Aug 2025

They will NEVER vote for anyone other than a Repug.
Also, tsf gave a speech where he said, very proudly,
that he "hates" Dems. We are down to us or them now.

ForgedCrank

(3,034 posts)
38. I didn't
Sun Aug 3, 2025, 06:16 PM
Aug 2025

bring it up, I think it's a dumb reference almost 200 years later. I was simply responding to it

yardwork

(68,988 posts)
60. Kentucky has a Democratic governor.
Sun Aug 3, 2025, 08:23 PM
Aug 2025

Frankly, your comments are ill informed and ill advised. Do better.

 

TnDem

(1,390 posts)
24. Nothing to do with tariffs..Clickbait article
Sun Aug 3, 2025, 05:37 PM
Aug 2025

All smaller distilleries and one or two of the bankruptcy proceedings started in 2024.

Swede

(38,443 posts)
44. It's not clickbait. It's a current story of distilleries having trouble selling their booze.
Sun Aug 3, 2025, 06:45 PM
Aug 2025

I then mentioned it would be a good time to hit them with tariffs. You know, to add to the misery in Kentucky, a very red state. Karma.

 

TnDem

(1,390 posts)
54. OK, but the troubles have nothing to do with tariffs
Sun Aug 3, 2025, 07:22 PM
Aug 2025

..and is a production issue with a few small distilleries that are ending in Chapter 11.

These chapter 11's started in 2024, thus predating tariffs which is the thrust of the post.

Swede

(38,443 posts)
68. I know that. Maybe the article was not clear to some people.
Mon Aug 4, 2025, 08:45 AM
Aug 2025

I posted it and said Kentucky would be a good target for Canadian tariffs. They've hit booze before in red states, do it again.

Dan

(4,995 posts)
29. Smiling,
Sun Aug 3, 2025, 05:48 PM
Aug 2025

The “HAHAHAHA…” is from you.

There is a concern about the people that voted against the GOP living in Kentucky.

The rest of them (MAGA) can go straight to hell as far as I am concerned.

Is that clear enough for you?

ForgedCrank

(3,034 posts)
39. You keep
Sun Aug 3, 2025, 06:22 PM
Aug 2025

telling that huge voting block to FAFO, mock them when they lose their jobs, the tell them to go straight to hell. Then you can act all perplexed next election when they vote for the opposition--- AGAIN. "Gee, how can so many people vote for that asshole? All I did was dehumanize them, call them stupid rubes, racists, nazis and fascists for years. It's beyond me why they don't vote for my platform."

And no, the gloating was in the OP, the "hahahaha" is me mocking it or being so tone deaf.
Is that clear enough for YOU?

W_HAMILTON

(10,110 posts)
42. You're completely wrong -- and I speak from firsthand experience.
Sun Aug 3, 2025, 06:33 PM
Aug 2025

I grew up in a Republican household and remember waking my mom up with delight in 2000 when Bush was announced as the winner of the presidential election.

Needless to say, the next few years of the Bush administration led me to think for myself and I realized how terrible both his administration and Republicans in general were.

I saw people talking shit about Republicans, and you know what I thought? GOOD. FUCK 'EM. Because they weren't talking about me. I was no longer a Republican-supporting brainwashed fool.

Moral of the story: if people continue to be harmed by Republican policies and yet they continue to support Republicans and the policies that are destroying their life, GOOD. FUCK 'EM. It means they still identify with those actively hurting their family and friends, in which case, they have more learning to do -- more finding out, if you will -- till they eventually learn their lesson.

Showing these people compassion will not win their votes -- in fact, it will make it even easier for them to continue to vote for Republicans because it eases the pain that Republicans are doing to them. Fuck that. Let them feel the consequences of their vote. As someone I regularly watch says, "hope (they) have the day they voted for."

 

Gimpyknee

(1,025 posts)
12. What about the 42% who voted against Mitch?
Sun Aug 3, 2025, 04:58 PM
Aug 2025

There sure are a lot of people here who don’t know there are a lot of Democrats living in Red states.

Bettie

(19,324 posts)
18. I'm a red state Democrat
Sun Aug 3, 2025, 05:17 PM
Aug 2025

and, frankly, people need to feel actual pain caused by their votes to get anything to change.

Unfortunately, that means the rest of us are going to feel it too.

But, it has to happen.

I feel for people who lose their jobs.

To be more precise: I feel for the people who didn't vote for fascism thinking that other people would lose their jobs, but they personally, would be just fine due to devotion to their ugly orange god .

Cheezoholic

(3,545 posts)
30. 100% right. I to live in a red state (in a purplish district) and these people will only learn if they feel the pain
Sun Aug 3, 2025, 05:49 PM
Aug 2025

It's going to hurt me and others like me but that's fine. Sacrifices must be made to save our Republic

B.See

(7,869 posts)
33. I agree. Some people need to
Sun Aug 3, 2025, 05:52 PM
Aug 2025

face the consequences of their own actions, especially when their intent was to do harm to other people. It's called Karma. And such people don't deserve to be treated nicely. Kamala tried to be nice. Tried to appeal to their better selves. What'd that get her?

FarPoint

(14,567 posts)
55. Exactly...
Sun Aug 3, 2025, 07:23 PM
Aug 2025

Change will not happen for these people until they feel the consequences...

Aristus

(71,735 posts)
22. The people who hate us aren't suddenly going to like us just because we try to be nice to them.
Sun Aug 3, 2025, 05:34 PM
Aug 2025

Every picked-upon kid in elementary school history knows that about their bully. They aren't suddenly going to be nice if you are. They just see that as evidence that you're weak enough that they can keep pummeling you.

MAGAts, bullies, and all-around nasty shitbirds only clean up their act if they personally experience setbacks; and sometimes, not even then.

This is Kentucky. One of the feckless "We'll stay with the Union if you let us keep our slaves" states.

ForgedCrank

(3,034 posts)
66. Ok, I
Sun Aug 3, 2025, 09:34 PM
Aug 2025

think I'm starting to understand that position. "I can't stand how they behave, so in turn, I'm going to behave exactly like them."
Makes total sense to me.

Irish_Dem

(80,056 posts)
27. We are happy to see justice served and the karma train to pull into the MAGA station.
Sun Aug 3, 2025, 05:43 PM
Aug 2025

If evil is allowed to flourish with no consequences, our planet is doomed.

Maru Kitteh

(31,290 posts)
61. So sorry about your self-described mental state.
Sun Aug 3, 2025, 08:33 PM
Aug 2025

Sometimes, people get what they asked for.

ForgedCrank

(3,034 posts)
62. I guess
Sun Aug 3, 2025, 09:18 PM
Aug 2025

you really destroyed my illogical position with that well thought out argument.
I'll consider myself to be standing corrected.

Na, I'm just kidding. I refuse to join in on mob hate. I also don't fall for the partisan headlines that are nearly all dishonest in one form or another. I think for myself. I'm a civil person, not just someone who pretends that they are and then asks every day "is he dead yet" or some other atrocious or hateful thing. I live what I promote as an example the best I that can, and the people I hate can be counted on one hand with half of the fingers.
Even with Trump in charge, I pray for the best for my country and it's citizens, and I never hope for disaster or misfortune for any reason, most especially over political leverage. And I don't mock people over their voting preferences or personal losses. I may strongly disagree with their ideology in general, but they are fellow humans with just as much of a right to individuality as I am.
But hey, that's just me.

BannonsLiver

(20,299 posts)
64. Meanwhile, the "fuck your feelings" crowd wouldn't piss on someone they disagree with if they were on fire.
Sun Aug 3, 2025, 09:27 PM
Aug 2025

I know where you’re coming from but that POV is about a decade past its sell by date.

ForgedCrank

(3,034 posts)
65. I didn't say
Sun Aug 3, 2025, 09:29 PM
Aug 2025

anything about some of them being nasty people. Some of them absolutely are. I just suggest that we don't behave exactly like them if we ever want to have a hope of digging out of this hole we are in.

BannonsLiver

(20,299 posts)
67. I gave up that hope a long time ago.
Sun Aug 3, 2025, 09:51 PM
Aug 2025

We’re in the death rattle stage. There’s no going back now.

Baitball Blogger

(51,775 posts)
5. Sorry, but no state deserves FAFO more than Kentucky because they kept voting for
Sun Aug 3, 2025, 03:14 PM
Aug 2025

Mitch McConnell.

Hey, at least you all have that surplus whisky to drink to drown your sorrows.

 

Gimpyknee

(1,025 posts)
15. And for those who didn't?
Sun Aug 3, 2025, 05:02 PM
Aug 2025

What’s your answer? All Dems should move out of Red states.

I fear our nation is helplessly divided.

Melon

(1,115 posts)
7. It's a shift in drinking habits but more so availability of bourbon
Sun Aug 3, 2025, 03:56 PM
Aug 2025

All the distilleries ramped up production the last 10 years from high demand. Due to the prices rising and lack of supply, hundreds of new brands came on the market. The Canadian situation didn’t help, but this is the bourbon supply contracting to meet demand. Same thing if not worse is happening right now with Tequila producers in Mexico.

eppur_se_muova

(41,066 posts)
10. WOW, MSN is totally a trash site. Slows my browser w-a-y down to play videos I didn't ask for. Mostly "good horror" ....
Sun Aug 3, 2025, 04:45 PM
Aug 2025

Last edited Mon Aug 4, 2025, 05:43 PM - Edit history (1)

stories, at top, then maudlin feel-good stories below that. Why is this cultural toxic dump still around ?



ETA -- there was an announcement that MSN was shutting down in January -- this PAST Jan -- what (didn't) happened ?

 

cadoman

(1,617 posts)
70. it would be to the benefit of everyone to go down a level with our news sources
Mon Aug 4, 2025, 09:31 AM
Aug 2025

There's really no need to link to major aggregators any more. They've fired all their staff, and as you've correctly observed: fill their site with trash, ads, and clickbait.

I would enjoy seeing Breaking News expanded to be more inclusive of regional news sources and even individual reporting. The AP/Reuters/NYT filter really isn't adding anything these days, and clearly isn't protecting us from clickbait or misinformation. Often times you need to dig outside of what they include to get the full story anyway.

eppur_se_muova

(41,066 posts)
11. MUCH better link: https://www.thestreet.com/retail/another-bourbon-and-whiskey-maker-files-chapter-11-bankruptcy
Sun Aug 3, 2025, 04:50 PM
Aug 2025

***
“We filed to maximize the value of the assets for all stakeholders,” Viola said in a statement July 18. “Luca Mariano Distillery and LMD Holdings have a successful business model, have weathered the prior economic challenges in our industry, and are poised to emerge successfully, ideally with the support of its employees, customers, community and creditors."

The Chapter 11 filing was made in order to delay a judge's order to push the company into a receivership, where it likely would have been sold.

In June, the Kentucky Herald-Leader reported that the distillery was facing multiple liens over unpaid debts of over $3.8 million. It is not the only emerging Kentucky distillery facing debt issues, according to the paper.

A lien for $1.7 million was filed in May against Whiskey House of Kentucky in Elizabethtown.
And in April, Garrard County Distillery, in Lancaster, was placed in receivership amid $2.2 million in liens. In all, Truist Bank claims Garrard County owes it more than $26 million.
***
LOTS more, mostly about startup craft bourbon maker Luca Mariano: https://www.thestreet.com/retail/another-bourbon-and-whiskey-maker-files-chapter-11-bankruptcy

 

brush

(61,033 posts)
13. Something doesn't add up. TSF's tariffs didn't start until 2025...
Sun Aug 3, 2025, 04:59 PM
Aug 2025

when he became president. The bankruptcies happened in 2024 before the tariffs.

Were these distilleries already in trouble?

Bernardo de La Paz

(60,320 posts)
21. Where do you get 2024? The Street article (post just above you) is July 2025 and talks about June (2025). . . . nt
Sun Aug 3, 2025, 05:30 PM
Aug 2025
 

TnDem

(1,390 posts)
25. Read the article
Sun Aug 3, 2025, 05:39 PM
Aug 2025

Small companies and the Chapter 11 proceedings started in 2024.

Clickbait and confirmation bias.

 

brush

(61,033 posts)
46. Just keeping things straignt. It's a discussion board. We discuss, sometimes disagree.
Sun Aug 3, 2025, 06:52 PM
Aug 2025

And I'm no fool. I'm at an undisclosed location.

ForgedCrank

(3,034 posts)
48. "And I'm no fool. I'm at an undisclosed location"
Sun Aug 3, 2025, 06:56 PM
Aug 2025

You totally made me laugh. I'm constantly covered in blisters from commenting here.
There are some things I just can't walk past, it's a personal flaw I think.

Dan

(4,995 posts)
49. When you lose a large market share like Canada
Sun Aug 3, 2025, 06:57 PM
Aug 2025

Then you feel the pain immediately. Maybe telling Canadians that they should be our 51st State kind of backfires so wisely Canadians voted with their dollars. No American booze.

Bernardo de La Paz

(60,320 posts)
19. Canadians went one better than tariff: we removed most of it from our shelves. US wine too. . . . nt
Sun Aug 3, 2025, 05:25 PM
Aug 2025

MrsCheaplaugh

(266 posts)
59. Whether it's there or not, I'm still not buying it.
Sun Aug 3, 2025, 08:07 PM
Aug 2025

Also, I have a paper bag over my head because my premier is a cow.

Botany

(76,464 posts)
20. Now they do make some fine American Whiskey... bourbon / corn liquor... in KY & TN but tastes have changed in America and
Sun Aug 3, 2025, 05:30 PM
Aug 2025

…. people all over the world are now actively trying not to buy U.S. products because they don’t like Trump and how
America has gone from a trusted ally and a friend to being on the wrong side of everything. FAFO dumb ass KY and
Tennessee voters.

 

TnDem

(1,390 posts)
23. Bankruptcies
Sun Aug 3, 2025, 05:35 PM
Aug 2025

The article and comments named the three distillers. I have never heard of them, so they must be smaller players....Bankruptcies were announced in November 2024 and are being finalized in July 2025.

Lancaster Mayor Michael Gaffney confirmed that Garrard County Distilling's 60 workers were suspended indefinitely, reported LEX18.

Garrard County Distilling, Kentucky Owl's parent Stoli Group, and Luca Mariano Distillery filed for bankruptcy between November 2024 and July 2025.

Jacson6

(1,785 posts)
28. They are OEM's. The major brands buy their whiskey from them to sell in the liquor market. n/t
Sun Aug 3, 2025, 05:46 PM
Aug 2025
 

TnDem

(1,390 posts)
36. Which major brands?
Sun Aug 3, 2025, 06:06 PM
Aug 2025

They sound more like startups to me...33 employees? That's nothing. This has nothing to do with the majors.

I have toured the Bulleit County cask houses...Heaven Hill is the main distiller in Louisville and they basically have a dozen brands under that label like "Maker's Mark", "Evan Williams" and many more.

Cheezoholic

(3,545 posts)
37. A lot of this is due to the declining consumption market and the fact the yuppie inflated market over the last 20 years
Sun Aug 3, 2025, 06:08 PM
Aug 2025

has busted. You are correct in pointing out this article is just clickbait. When I drank I loved a good single barrel bourbon. One of my favorites I could get fifths (I'm old school lol) of 24 year old single barrel for 40.00 back in 2005. By 2010, when the yuppie's started doing to bourbon what they did to beer and food in the 90's, cigars at the turn of the century, they did to bourbon, making it cool and thinking they were high class nickel millionaires in a James Bond movie and basically willing to pay a far higher price, that same 24 year old bottle cost over 100 dollars. People in Northern Cali know how this game is played as many of the finest craft brews that had been around for decades were swallowed up by the corporate fat cats after the craft beer boom.

I get craft brewing of spirits of all types, respect it and supported small independents (like the distiller I mentioned). But once the HOA crowd makes it a fad the prices, of whatever it is, are just ridiculous. And these small craft brewers who you may support out of the gate almost always sell out to a conglomerate once they have a brand and cash in. Quality goes to shit. Suddenly everything's a blended batch of hogwash.
Just my humble opinion.

kimbutgar

(26,898 posts)
26. It will be interesting to hear how the right wing media will blame President Biden for this !
Sun Aug 3, 2025, 05:43 PM
Aug 2025

That pretzel of their trying to blame Democrats also will be major twisted. I hope the Governor points ou that this is on the orange pedo monster.

MichMan

(16,699 posts)
57. Well since the bankruptcies were initiated before Trump took office, they probably will
Sun Aug 3, 2025, 07:47 PM
Aug 2025

KentuckyWoman

(7,375 posts)
56. "Private equity"
Sun Aug 3, 2025, 07:30 PM
Aug 2025

One of the slides says private equity has been buying up distilleries but wants to shed the debt. Not the whole picture but that's part of it...

GreatGazoo

(4,493 posts)
71. There is a shakeout among craft breweries also as alcohol sales decline
Mon Aug 4, 2025, 10:46 AM
Aug 2025
"For the first time in nearly 20 years, more breweries closed than opened in the United States in 2024, according to the Brewers Association. "

Brown liquors like whiskey are the most carcinogenic, most unhealthy of all alcohol options.
Latest Discussions»General Discussion»Kentucky Faces Massive Jo...