QUICK HITS – Trump Tax Talk Crushes Mexican Beer Stocks, Left Hand Brewing, Sweetwater And More!

, QUICK HITS – Trump Tax Talk Crushes Mexican Beer Stocks,  Left Hand Brewing, Sweetwater And More!

Things are certainly heating up in the world of craft beer as we move in to 2017. And here’s some of what’s been happening while you were drinking your way through the weekend.

Another Brick In The Border Wall (USA) – President Trump’s recent proposal to pay for building a projected wall on the southern border by imposing 20% import tax, created a political and economic firestorm last week that sent many Mexican beer stocks plunging.

Constellation Brands, home to Corona, the leading imported beer in the US, reportedly tumbled as word of Trump’s threat from last Thursday hit Wall Street.

Shares of Heineken, which also owns two Mexican beer properties (Dos Equis and Tecate), also fell slightly on Friday.

, QUICK HITS – Trump Tax Talk Crushes Mexican Beer Stocks,  Left Hand Brewing, Sweetwater And More!

 

 

 

Words To Drink By (Los Angeles, CA) – “If I have a near-beer, I’m near beer. And if I’m near beer, I’m close to tequila. And if I’m close to tequila, I’m adjacent to cocaine.”

Craig Ferguson- Television Host, Comedian, Author

 

 

SweetWater Challenges Sam Adams To A Super Bowl Beer Bet (Atlanta, GA / Boston, MA) – Atlanta’s SweetWater Brewing has challenged Boston’s Samuel Adams to a Super Bowl-inspired bet on the game between the Falcons and New England Patriots on Feb. 5th. The competing breweries who negotiated the bet via twitter, decided that the loser has the name a beer inspired by the team that wins it all.

, QUICK HITS – Trump Tax Talk Crushes Mexican Beer Stocks,  Left Hand Brewing, Sweetwater And More!Left Hand & Birrificio Italiano Trading Brewers (Longmont, CO) – Last Friday, Left Hand Brewing informed us that they’d partnered with Northern Italy’s Birrificio Italiano on a new Brewers Exchange Program and that they’d be sending a brewer to each other’s facility to learn from one another, take in the scenery and (we expect) drink barrels of beer.

Described as a Sharevolution by Left Hand’s Eric Wallace and Birrificio Italiano’s Agostino Arioli, this cutting-edge program was is inspired by the breweries’ mutual passion for cultivating small and independent brewers.

 

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