Beer Buzz – The UK Sobers Up, Molson Coors Cites Pot As Beer Biz Threat!

beer, Beer Buzz – The UK Sobers Up, Molson Coors Cites Pot As Beer Biz Threat!The beer biz never sleeps at American Craft Beer. And here’s some more of what’s been happening in the beer world, while you’ve been drinking your way through a long President’s Day weekend.

The United Kingdom Sobers Up (UK) – Great Britain’s reputation as a hard-drinking country may be changing…especially among the nation’s more health conscience younger generations, many of whom are forgoing alcohol entirely!

The UK’s Office for National Statistics just released some interesting data which showed that almost 21% of people in England, Scotland and Wales said they did not drink alcohol in 2016 – approximately 10.6 million adults.

But the percentage of 16 to­ ­­24-year-olds in the survey who claimed not to drink accelerated at four times that pace, rising from 19% in 2005 to 27% in 2016 according to The Telegraph.

Low and Zero-Alcohol Beers are a fast growing segment in the United Kingdom, as well as European countries like Spain where low or alcohol-free beer currently commands 13% of the market. And that has industry watchers asking “Is Non-Alcoholic Beer The Next Big Thing?” And with the successful launch of zero-alcohol craft breweries like London’s Nirvana, we find ourselves wondering the same thing.

 

Words To Drink By (London, UK) – “Don’t ever take a fence down until you know the reason it was put up.”  GK Chesterton, British writer, poet & philosopher

 

beer, Beer Buzz – The UK Sobers Up, Molson Coors Cites Pot As Beer Biz Threat!Molson Coors Sees Legalized Marijuana As ‘Risk Factor’ (Denver, Co) – In its annual financial report filed with the Securities and Exchange Commission last Wednesday, Molson Coors Brewing cited the spread of legal marijuana as a possible risk to their business in the future.

Instead of drinking beer, people may increasingly smoke and eat pot is basically the concern Molson Coors expressed in their most recent SEC Filing…. “Although the ultimate impact is currently unknown, the emergence of legal cannabis in certain U.S. states and Canada may result in a shift of discretionary income away from our products or a change in consumer preferences away from beer.”

Pot’s impact on beer sales, and specifically the question “Is Marijuana Legalization A Threat To Craft Beer?” is not going away and if you think that it is you better check what you’ve been smoking.

Pot Beer Image Credit: Mitchell Maglio

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