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  "path": "/articles/hop-take-stone-brewing-duvel-firestone-walker-acquistion-analysis/",
  "publishedAt": "2026-05-01T04:01:27.000Z",
  "site": "https://vinepair.com",
  "tags": [
    "Reading About Drinking",
    "beer",
    "beer industry",
    "craft beer",
    "craft breweries",
    "craft brewery",
    "Hop Take",
    "mergers and acquisitions",
    "Stone Brewing Flew Too Close to the Sun. It Still Hasn’t Hit Rock Bottom",
    "VinePair"
  ],
  "textContent": "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.\n\nThe article Stone Brewing Flew Too Close to the Sun. It Still Hasn’t Hit Rock Bottom appeared first on VinePair.",
  "title": "Stone Brewing Flew Too Close to the Sun. It Still Hasn’t Hit Rock Bottom"
}