News

Is Diageo overly confident about its new tequila purchase? Small breweries get creative about distribution while the FDA embarks on winery compliance inspections. Will Amazon take on beer industry regulations with its Whole Foods purchase? The news we’re thinking about here at SevenFifty Daily.

Monday,
June 26, 2017
1. just-drinks

Diageo's Tequila Purchase Is Surprisingly Expensive

Diageo has purchased the Casamigos Tequila Brand for one billion dollars. Analysts are surprised at the price tag on this deal in light of Casamigos current sales, projected growth, and possible conflict with other Diageo tequila brands.

2. Beer Advocate

Changing The Rules For Selling Beer

Finding traditional distribution agreements frustrating and limiting breweries are looking for alternate ways to do business. From more flexible distribution agreements to self distribution small breweries are getting creative.

3. Wines & Vines

FDA Begins Winery Inspections

U.S. wineries are required to register with the FDA as food production facilities and renew registration every two years. It has long been predicted that the FDA would begin checking registrations, a reality that has now come to pass.

4. Market Watch

Can Amazon Disrupt The Beer Industry With Whole Foods?

With Amazon set to buy Whole Foods a number of interesting questions arise about what Amazon hopes to introduce or change. In light of Whole Foods extensive beer sales, Jason Notte explores the possibility of Amazon attempting to change very strict distribution and shipping regulations for beer.