Episode #154: Why Are So Many Craft Breweries Closing? with Tiffany Alexis of LiquidxHappiness / High Season Co. | Adjunct Series

To kick off 2024, Cee and Tiff hung out for a deep dive into the multitude of reasons behind the alarming number of brewery closures that we've seen over the last 12-18 months. They looked at a number of the Ontarian and Canadian breweries that closed recently, and how several factors influenced where we're at currently including the pandemic and incessant shutdowns, a rise in operational costs (mostly rent and ingredients), market saturation and a change in drinking preferences, government regulation and taxation, the Master Framework Agreement, and products that don't seem to work. They also touched on opportunities for the future including regulatory changes, intentional marketing, diversity and equality initiatives, product diversity and how consumers can support. They cracked two brews from now-defunct breweries - Laylow's Zenith Belgian Golden Ale and Still Fields' Hoppy Saison. Tons of learnings here - cheers! Links as per the conversation:  RTD Segment Growth Master Framework Agreement Changes Ontario Tax Reform Keep Craft Beer Local Ontario Beer Taxation OCB Advocacy BAOS Podcast Subscribe to the podcast on YouTube | Website | Theme tune: Cee - BrewHeads