Campari Intros Russell’s Reserve 13 Year Old Bourbon

It’s a 114.8-proof Kentucky Straight Bourbon.  It’s the latest in the Russell’s Reserve lineup of bourbon and rye whiskies.  SRP: $69.99.

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Old Forester Releases a Single-Barrel Rye

Old Forester Distilling Co. (Brown-Forman)  launches Old Forester Rye Single Barrel, marking the first innovation of this rye recipe since the original 100 proof release. Presented unfiltered and at barrel strength, the product is available nationwide and at Old Forester Distilling Co. in limited quantities. SRP: $79.99.

Since the release of Old Forester Rye in 2019, fans of Old Forester have been clamoring for a barrel strength iteration. Old Forester Rye was the first new recipe from Old Forester in nearly 150 years and has quickly become a beloved expression for bartenders and consumers.

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Uncle Nearest Launches a Venture Fund on 100th Anniversary of Destruction of Tulsa’s ‘Black Wall Street’

Uncle Nearest Premium Whiskey, the fastest-growing American whiskey brand in U.S. history and the most-awarded Bourbon of 2019 and 2020 worldwide, announced the formation of the Uncle Nearest Venture Fund.

The $50 million fund was created specifically to invest in rapidly growing, minority-founded and owned spirit brands. According to Fawn Weaver, Uncle Nearest founder/CEO, it’s by design that the timing of the announcement comes on the 100th anniversary of the destruction of Black Wall Street.

“On June 1, 1921, an entire community of wealthy and successful African Americans was wiped out in a matter of hours. We are talking about 35 square blocks known as Black Wall Street,” said Weaver. “As an African American, learning about that history broke my heart because we, as a people, were really onto something in Tulsa, Okla.

“We were lifting one another up and creating wealth within our own community, and then showing others how to do it for themselves. We cannot go back and undo the past, but I do believe we have full power over our future, and that recreating a Black Wall Street of sorts within the spirits industry is a great place to start.”

The fund has already chosen its first two investments, each company to receive initial funding of $2 million, respectively – London-based Equiano, the world’s first Afro-Caribbean rum founded by Ian Burrell and Aaisha Dadral; and Jack From Brooklyn, Inc., the first-known Black-owned distillery in America post Prohibition, and the maker of the bartender-beloved Sorel Liqueur. Founded by Jackie Summers in 2012, Sorel had all the makings of a successful brand when it launched, and immediately gained popularity. However, Summers was not able to obtain the funding required to grow a successful spirit brand.

“Most people don’t know how expensive it is to create and grow a premium spirit brand in America,” said Summers. “I wasn’t willing to compromise on the quality and I did everything I could to raise the money to keep Sorel alive, including pitching the brand to the CEOs of some of the most well-known spirit conglomerates. Every single one turned me down. Many do not know this, but I went homeless for about 18 months as I pounded the pavement to continue growing my business. I never gave up because I knew it was special and that one day, someone would be willing to invest in it and in me. The moment the Uncle Nearest Venture Fund agreed to do so, we were ready – we’d only been waiting on capital.”

Through the investment from the Uncle Nearest Venture Fund, Sorel Liqueur will return to market this summer as an exclusive offering via ReserveBar.com and their Spirited Change Initiative.

“America consists of approximately 40% people of color, but they own an incredibly small percentage of spirit brands,” said Lindsay Held, CEO and co-founder of ReserveBar, the established leader in premium spirits ecommerce. We have to work collectively to change that so that we can unlock opportunity for all. We are committed to working with every minority-owned brand in the Uncle Nearest Venture Fund.”

Following its online debut, Sorel will roll out to markets across the country this summer. The brand has already obtained national distribution through Republic National Distribution Co. (RNDC), Breakthru Beverage Group, Empire Distributors and several other top distributors, and will be available in more than 40 states before the end of the year.

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1st Cannabis Spirits Brand Launched in California

Psychotropic spirits company Lively Spirits, Los Angeles, said it launched  Purejuana, America’s first cannabis spirit brand. Containing no alcohol and produced from 100% fresh, flash-frozen cannabis flower to retain strain-specific flavors, aroma, and psychoactive effects, “Purejuana is a new and all-natural way to create better-for-you craft cocktails without the drawbacks of liquor,” the company said..

Conceived as a plant-derived spirit akin to mezcal or gin, Purejuana is a “top shelf” soluble cannabis powder crafted to be enjoyed in a traditional cocktail or experienced “neat,” dissolved in water, seltzer or soda for a taste of the plant’s unadulterated cannabinoid spectrum.

“A single Purejuana shot packet is the ideal serving for one drink, and with onset times and duration of effects comparable to a single serving of liquor, Purejuana consumers won’t miss the alcohol, the calories, or the hangover,” the company said.

“Without question, the future of the adult beverage sector is cannabis, and the cocktail is a familiar and accessible format ripe for innovation,” said Matt Cohen, Lively Spirits founder and CEO. “With purejuana, we are pioneering a rapidly dissolving dry spirit that delivers a true alcohol replacement, right down to the buzz, without diluting the distinct combination of flavors, aromas and psychoactive effects unique to each cannabis cultivar and the connoisseurs who appreciate them.”

Until now, cannabis-infused beverages sold in the U.S. market have relied on the use of THC distillate, a highly-processed concentrate that strips away the plant’s naturally occurring terpenes and cannabinoids to create an odorless, tasteless extract that produces consistent, unvaried effects – limiting the user to one homogenous high every time.

Purejuana is the first product of its kind to eschew distillate, using proprietary technology to derive full-spectrum THC from fresh, flash-frozen cannabis flower to preserve the integrity of the plant and the natural flavors of each strain.

All Purejuana products are vegan-friendly, gluten-free, low calorie and grown sustainably with organic inputs. At launch, Purejuana is available in five strains – Venom OG, Blue Dream, Super Lemon Haze, Purple Punch and XJ-13 – and sold in 10-count boxes at three color-coded potency levels, with each shotpack comparable to a single alcoholic drink:
Green label – 2.5 mg/packet; 25 mg/box for $19.00

Yellow label – 5 mg/packet; 50 mg/box for $20.50

Red label – 10 mg/packet; 100 mg/box for $22.50

 

Consumers can also purchase single red-label shotpacks for $2.75 each. Purejuana is available at select dispensaries in Northern and Southern California, with an e-commerce option offering delivery in Los Angeles and Orange Counties.

Additionally, Purejuana has partnered with leading bartenders across the United States to develop an initial offering of non-alcoholic cocktail recipes designed to showcase the distinct flavors and aromas of various cannabis strains. The full, ever-growing roster of Purejuana cocktail recipes, from a “Chronic & Tonic” to a “Stoned Fruit Collins” can be found at www.purejuana.com.

Added Cohen, “Each strain is its own spirit, designed to shine in drinks, rather than hiding behind sugars and flavorings. I think it’s going to change the way a lot of people enjoy cannabis in the future.”

Based in California, Purejuana was co-founded in 2020 by cannabis industry veteran Matt Cohen, whose career started at the inception of California’s medical marijuana program in the late 1990s, and Parker Steele.

In 2009, Cohen founded Northstone Organics, which became the first licensed cannabis producer in the state of California until it was abruptly raided and shut down by the DEA in 2011.

As California’s regulatory framework continued to emerge, Cohen went on to co-lead a number of successful cannabis ventures including the Emerald Growers Association, a not-for-profit association of medical cannabis cultivators, business owners, and patients advocating for public policies that foster a more sustainable medical cannabis industry, as well as several major aspects of Harborside, the largest medical cannabis dispensary in the world.

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TTB to Focus on Timely Service, Regulatory Reforms in Permitting, Tax and Bev/Al Labeling

The plans were detailed in a document prepared for Congress in support of the Biden Administration’s $6 trillion budget request.

Three major regulatory reforms were highlighted in the document with the intention of consolidating, clarifying or simplifying requirements and “where possible, minimize filing frequency.”  The changes will ease industry members burdens and make it easier for industry members to voluntarily comply, TTB said.  It also plans to improve data quality and better detect risk to direct its enforcement efforts.

The budget request includes $608,000 to fund the conversion of TTB’s 21-vehicle fleet to electric vehicles, including charging stations.  It also makes clear that TTB plans to at least maintain current service levels, noting that “timely service times for permit, label and formula approvals.”

The budget request notes that TTB colleged $380 for every dollar spent on collection activities.  Alcohol collections rose 3% last year.  In FY 2020, TTB redeived about 183,000 label applications and 24,000 formula application for new bev/al product approvals. The agency said it maintained it service standards for bev/al labels and formulas at 15 days in Fiscal 2020.  “Despite increased submission volume, the formulation area achieved the targeeted performance level and ended the year at 87% of formula applications meeting the 15-day standard.”  Some 84% of label applications met the 15-day standard.

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Texas Lawmakers OK Earlier Sunday Sales

A bill that would loosen alcohol restrictions on Sunday morning, effective Sept. 1, was approved, 115-24, by the Texas Legislature.  Under the measure, beer and wine can be sold as early as 10 a.m.  The current start time is noon. But two measures that would allow liquor sales on Sunday failed to make it out of committee.

They also approved a measure allowing restaurants to continue selling alcohol-to-go.

In a related development, Arizona Gov. Doug Ducey signed a measure allowing about 3,000  restaurants to permanently offer cocktails-to-go.  But they’ll have to pay an administrative fee to state liquor regulators and another fee to go towards a fund to compensate bar and grocery store owners for another five years.

Meanwhile, Nebraska Gov. Pete Ricketts signed a new law making cocktails-to-go permanent.  It also permits distillers to create up to 100,000 gallons of spirits per year, which is an increase from 10,000 gallons per year. Finally, taxes have been dropped on the creation of canned cocktails.

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