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Governor McAuliffe Announced $775,000 Investment in Louisa County, VA

““Coyote Hole Ciderworks” investment in Louisa County bolsters Virginia’s reputation as a top East Coast craft beverage destination and highlights the growing and important link between agriculture and tourism across the Commonwealth,” said Governor McAuliffe. “I commend Coyote Hole Ciderworks’ commitment to locally sourced apples and their expansion exemplifies the economic strength of Virginia-crafted products. […]

Craft Beer Research and Service Grants

“Funding priorities include hop and malt research, safety and sustainability-related projects, however all projects will be considered for funding by the BA Technical Committee. In recent years BA funding has supported research and service grants for public barley and hop variety development, hop disease and hop aroma, as well as supporting affiliated national and state-level […]

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A first-time investor’s guide to equity crowdfunding

“Despite the headlines, if you don’t meet the wealth requirements to qualify as an “accredited investor,” you still can’t invest in the majority of opportunities. That’s because a startup raising money from everyone and not just from accredited investors will have to follow a different set of rules, like limiting their raise to $1 million. This has […]

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10 important tax tips for craft breweries moving into 2017

“Section 179 is a depreciation method that allows you to accelerate write-offs by immediately deducting the full price of business equipment purchased in a given year. The deduction is available for new and used equipment purchases and is subject to both federal and state limitations. The deduction is particularly effective in years when you turn […]

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Why these 3 companies could be the next Treasury Wine Estates Ltd

“This craft beer company has had a year to forget after the loss of major shareholder Woolworths Limited (ASX: WOW). But it has responded positively and signed a new distribution deal with Metcash Limited (ASX: MTS) through its Australian Liquor Marketers brand. This will give the company access to 12,000 hotels, liquor stores, restaurants, and […]

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Hopsters Brewery: The Fastest Reg CF Crowdfunding Ever

“Those investing on the Wefunder platform to Hopsters will be buying ownership in Hopster’s estimated $4M current valuation (pre-fundraising).  Hopsters seeks a minimum $500 investment for one unit of ownership. “80% of profits will go to investors pro-rata until 100% of your principal is returned. Hopster’s will then distribute 20% of their profits every year […]

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How One Brewing Company Tried to Gamble $50 Million of Investor Cash

” “The powers that be don’t seem to like gambling as much as we do,” the company wrote on its website. It’s not hard to guess why. “First and foremost, roulette is not legal in many states and places outside the United States,” Thomas Simeone, a partner at the Washington, D.C., law firm Simeone & Miller, tells […]

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As craft beer flourishes, Big Beer continues to buy in and blur the lines

““With craft beer and all the excitement the industry has brought … it has reignited beer,” said Felipe Szpigel, president of the High-End Business Unit at Anheuser-Busch. “Now you should expect to go into a fine dining (restaurant) and not only see a wine list but see a well-curated beer list. For us, we see […]

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16 things to get IPO-ready (or just build a really strong business)

16 things to get IPO-ready (or just build a really strong business)

“Not only should a company seeking to go public prove that it can grow — and grow fast — but it should show that it can grow at scale. This is partly a law of large numbers mindset: It’s much harder to show high growth rates when numbers are large than when they are small. […]

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Beer Institute Releases October 2016 Domestic Tax Paid Estimate

“The October 2016 estimate is 13,159,000 barrels, a decrease of 7.3% versus October 2015 removals of 14,195,000 barrels. Please note that the estimates reflect revised estimates released by the Alcohol and Tobacco Tax and Trade Bureau (TTB).” Read more here: Beer Institute Releases October 2016 Domestic Tax Paid Estimate

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Boston Beer Continues to Underperform: Time to Dump it?

“Boston Beer reported a dismal third-quarter 2016 as both the top and the bottom line lagged estimates and fell year over year. While bottom-line results were affected by lower revenues and soft gross margin, the top line was impacted by lower shipments, a fall in depletions and decline in revenue per barrel due to product […]

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Revolutionary Black-Owned Craft Beer Company Wins $200K Funding Competition

“It took Ayla seven years to perfect her brand, combining kombucha tea with beer to produce a tasty, healthy brand. Healthy, because it uses less sugar than other beers. As she explains, “My passion for hops, health and happiness… led me to a career in craft beer.” She is passionately looking forward to the official […]

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