TIL World’s biggest beer, wine and spirits producers have collectively lost $830 billion in market value over just four years. Changing drinking habits and rising health concerns have hit earnings across the sector. Millennials and Gen Z are also not much interested in alcohol.
Molson
There’s lots of craft beers on Canada now. At least, that’s most of what I’ve bought lately but I don’t drink very often.
Shout out to Granville Island Winter Ale. Goddam delicious!
Granville Island Brewing is owned by Creemore Springs which is owned by Molson Coors.
Ah damn.
Need a law that gets rid of American ownership of Canadian companies.
There may be a lot of craft breweries in Canada now, but if they only sell in Canada and maybe the US border region you’re still looking at a fraction compared to even a US-only producer based on population alone.
Unless they are massive, like the scale of something like Budweiser… They’re probably not part of the “world’s biggest producers”.