Marie Brizard Posts 1st Half Profit as Sales Slipped 5.8%

Posted on September 30, 2021 by Joel Whitaker

Marie Brizard Wine & Spirits said it earned 1.5 million Euros, in the first half, reversing a year-earlier 1.4 million Euro loss.  Sales slipped 5.8% to 81 million. The company attributed the lower sales to the impact of Covid-related restrictions, lower demand for hydro-alcoholic gel and some shipment deferrals to the second half of the year.

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2 Tequila Holdings Brands Enter Six States

Posted on September 30, 2021 by Joel Whitaker

Tequila Holdings, Inc. announced new distribution agreements for PaQuí Tequila and Lejana y Sola Mezcal. Both brands are expanding into six new states including Florida with Southern Glazer’s Wine & Spirits; New York,
Connecticut, Delaware, Maryland and Washington, D.C. with Opici Family Distributing; and West Texas with Reed Beverage.

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Big Drop Brewing Creates NA Beer Day, to Donate to James Beard Foundation

Posted on September 30, 2021 by Joel Whitaker

Chicago-based Big Drop Brewing Co., which recently created NA Beer Day, said it will donate 10% of sales of all Big Drop beers during October to the James Beard Foundation’s Open for Good campaign.

Open for Good helps independent restaurants survive the Covid-19 crisis and thrive for the long term by providing resources that help restaurants build capacity and come back stronger, more equitable, more sustainable and more resilient.

“We created NA Beer Day as a way to inspire people to taste the newest offerings in non-alcoholic craft beer,” said Big Drop CEO Rob Fink. “Low and no-alcohol beer originated during Prohibition and was called ‘near beer’ – but really it was nowhere near beer in terms of flavor and fun. Big Drop is brewed naturally to no more than 0.5% alcohol – we don’t strip out the alcohol – that means we keep the big flavors and aromas that stand up against full-strength beers.”

 

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Truly Hard Seltzer to Open an LA Taproom

Posted on September 30, 2021 by Joel Whitaker

Truly LA will offer drinkers and culture seekers innovative flavors that push traditional seltzer boundaries, as well as an exciting menu of light bites. It will also feature live entertainment from up-and-coming musicians, comedians and artists. Truly LA broke ground in August and is slated to open in early 2022.

Truly LA will be located at 213 Alameda St. in Downtown Los Angeles, CA adjacent to the Angel City Brewery, which is owned by Alchemy & Science, a unit of Boston Beer Co.  Truly is a Boston Beer brand.

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MGP’s Luxco Renames Historic Indiana Distillery

Posted on September 30, 2021 by Joel Whitaker

MGP Ingredients’ 174-year-old Lawrenceburg, Ind., distillery is being renamed the Ross & Squibb Distillery, a move paying tribute to Indiana’s distilling history and the pioneers who transformed Lawrenceburg, Ind., into “Whiskey City USA” and helped make Indiana the rye capital of the world.

The Lawrenceburg distillery will be one of five managed by Luxco, which MGP acquired in ebruary.  St. Louis-based Luxco is now MGP’s Brands Division and manages all MGP/Luxco brands. This extensive and award-winning spirits portfolio includes well-known brands from five distilleries.

The Ross & Squibb name is a celebration of two such stories.

“Ross” is inspired by the legacy of George Ross, who in 1847 founded the Rossville Distillery, located on what is now the Ross & Squibb Distillery campus. Considered one of Lawrenceburg’s original distilleries and one of America’s last Prohibition-era distilleries, Rossville Distillery produced some of the finest rye whiskeys in the world and was the inspiration for the Rossville Union Straight Rye Whiskey brand.

“Squibb” calls back to the historic Squibb Distillery, founded in 1869 in Lawrenceburg, Indiana, and later purchased in 1921 by George Remus, King of the Bootleggers, and inspiration for the George Remus Straight Bourbon Whiskey brand.

“In rebranding our Lawrenceburg distillery, we sought to celebrate Indiana’s rich and important distilling history, particularly as it involves the inspiration behind our branded spirits,” said David Bratcher, COO and president of branded spirits for MGP. “All Ross & Squibb brands find their inspiration in Indiana distilling history, so it is fitting the distillery itself now does as well.”

MGP will continue to produce bourbon, rye, whiskey, gin and grain-neutral spirits from this facility under its current name:  MGPI of Indiana, LLC, in Lawrenceburg, Indiana, for its customers.

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SOBR Safe, Inc. Completes Financing

Posted on September 30, 2021 by Joel Whitaker

SOBR Safe, Inc., which has developed a proprietary, touch-based identity verification, alcohol detection and cloud-based reporting system,  said it closed on its previously announced financing of a $3,048,780.50 convertible debunture ans warrants to purchase up to 1,219,512 common shares.at $2 a share.

SOBRsafe has developed a proprietary, touch-based identity verification, alcohol detection and cloud-based reporting system. The technology is transferable across innumerable form factors, including personal wearables, stationary access control and for telematics integration. It is being readied for deployment for school buses, commercial fleets, workplaces, managed care, young drivers and more.

SOBRsafe’s patent-pending alcohol detection solution helps prevent an intoxicated worker from taking the factory floor, or a driver the vehicle keys. An offender is immediately flagged, and the employer (or parent, rehab sponsor, etc.) is empowered to take the appropriate corrective actions.

Nearly half of all industrial accidents with injuries are alcohol-related, and workers with an alcohol problem are 270% more likely to have an accident. the company says.

SOBRsafe Chairman Dave Gandini said the company is “proving our technology via pilot testing and intend to initiate commercial manufacturing in October. Our enrollment and reporting software system is fully developed and in daily use. SOBRsafe stands at an exciting inflection point, and we are grateful to our new financial partners for helping fuel our market launch.”

SOBR closed yesterday at$2,50 a share in over-the-counter trading.

 

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