Do we still need the three-tier system for alcohol?
Do we still need the three-tier system for alcohol? Source: R Street Institute Charles K. Cowdery June 24, 2016 The 21st Amendment to the U.S. Constitution, which repealed Prohibition, left it up to the states to regulate the distribution and sale of alcoholic beverages. The states did not have to impose a three-tier […]
Fraud trail leads to Glendale liquor store where authorities seize roughly $1 million worth of alcohol
Fraud trail leads to Glendale liquor store where authorities seize roughly $1 million worth of alcohol Source: Glendale News Press / LA Times June 26, 2016 Glendale police and the U.S. Secret Service seized roughly $1 million worth of beer and liquor from Glendale’s Liquor Spot as part of an ongoing bank-fraud investigation […]
Social Lubricants on Social Media; #Research
Social Lubricants on Social Media; #Research Source: The Cowen Insight June 23, 2016 With 500 mm active monthly users, social lubricants (drinkables, and inhalables) are popular on Instagram. Beer engagement is the highest, closely followed by marijuana and vaping (not mutually exclusive). Positive reads to top picks STZ and MNST. Social Lubricants […]
In ‘Brexit’ Vote, Britons Pick Corporate Winners and Losers
In ‘Brexit’ Vote, Britons Pick Corporate Winners and Losers Source: WSJ Robert Wall June 25, 2016 In voting to exit the European Union, Britons also picked corporate winners and losers. News of the “leave” victory has sent the British pound down 5.9% to $1.368; it earlier traded at a 31-year low of […]
‘Years of uncertainty’ for drinks trade after Brexit (Excerpt)
‘Years of uncertainty’ for drinks trade after Brexit (Excerpt) Source: The Spirits Business by Amy Hopkins 24th June, 2016 Representatives of the UK industry trade have spoken of “serious issues” that will require “urgent attention” to support producers in the wake of yesterday’s Brexit vote. Results of the UK’s referendum on its […]