Stone Brewing Flew Too Close to the Sun. It Still Hasn’t Hit Rock Bottom

It was easy to be outrageously optimistic about the craft-brewing industry midway last decade. Too easy, in fact. Thanks in part to greater San Diego’s status as a bona fide first-wave craft-brewing hotbed, many of the trade’s toughest cautionary tales from the Terrible Tens/Teens started there. Constellation Brands’ November 2015 announcement of plans to acquire Ballast Point for a cool billion dollars is the biggest boondoggle in the business, bar none. But everybody and their mother knows about Constellation’s glass-half-full-to-ass-half-out Ballast Point catastrophe. The article Stone Brewing Flew Too Close to the Sun. It Still Hasn’t Hit Rock Bottom appeared first on VinePair.