Beer-articles 576

An Indiana man was reportedly poisoned by his wife and stepdaughter over a period of two months before succumbing on their fifth attempt, according to police statements.

Harold “Peanut” Allen, aged 52, met his demise on 22 December 2022 after consuming a root beer that contained ethylene glycol, an odorless, transparent, and sweet liquid commonly used in antifreeze.

While his obituary mentioned that he “passed away suddenly,” investigations have unveiled that his death had been anticipated by his wife, Marsha Allen, 52, and her daughter, Ashley Jones, 30, as claimed by authorities.

The prosecutors have indicated that on 14 September 2022, Jones purportedly purchased pong pong seeds via eBay. A single seed from this plant can deliver a lethal dose of cerberin, which is toxic enough to deem the plant as the “suicide tree.”

The duo is said to have crushed the seeds with a coffee grinder and incorporated them into brownies they made on November 26, 2022.

According to court filings, on the same day, Allen’s wife sent her daughter an image of Allen with a partially eaten brownie on a paper plate resting on his midriff.

The filings state, “Harold fell ill after consuming the brownie and was rushed to the emergency room the following day.”

His recuperation involved multiple hospital visits, which purportedly irritated the individuals accused of trying to kill him.

Police allege that the duo exchanged messages on 28 November, with Marsha reportedly stating: “I am irritated and can’t sleep peacefully.

“I need this to be over,” said the distraught mother and wife. “I hope it reaches its climax soon and ends lol,” to which Jones supposedly responded, acknowledging her agreement.

Two days subsequent to the conversation, Allen found himself in the emergency room again, though his symptoms were attributed to intestinal inflammation by the physicians.

Choosing a different deadly plant, the mother and daughter, as per authorities, opted for hemlock, procuring it through Etsy this time.

Despite multiple alleged attempts by using it in a bowl of chili, a glass of soda, and a margarita during December, all of which seemed ineffective, Jones reportedly decided to procure ethylene glycol on the 13th of December, aiming to mix it into a root beer.

A week later, Allen passed away.

Almost a year following this incident, Marsha Allen’s home in Freetown, which is situated approximately 40 miles from Bloomington, was targeted in a burglary. The local police apprehended Steven Andrew White, 29, and Nathaniel Kane Napier, 28, linking them to the crime.

Nevertheless, the authorities suggested that White and Napier did not act independently. According to statements made by Jackson County Sheriff Rick Meyer last year, the burglary was executed under the command and with the help of Marsha’s daughter, Ashley Jones.

Marsha Allen reported to the authorities her suspicions about her daughter being involved from the beginning, as the culprits had access to the gun safe’s combination. She believed her daughter, Jones, was the only other individual who knew the combination.

White disclosed to an investigator that not only did Jones instigate the burglary involving him and Napier, but he also claimed that she had accused her mother of having fatally poisoned Allen previously.

Allen refuted these claims and handed over her phone to the police, which led to the discovery of crucial evidence that supported the alleged plan to murder Allen.

Text messages exchanged between the duo in December 2022 were found on her phone, which officials uncovered.

According to the sheriff’s office, Jones has admitted to ordering the ethylene glycol that would be used to kill her stepfather but insisted it was her mother who committed the act by lacing his drink with it.

Allen’s wife died of suspected suicide the same day that a search warrant for her home was put into effect in October 2023, following the arrest of Jones for allegedly instigating the burglary of her mother’s house.

Jones now faces an abundance of charges, namely two counts of murder, one count of conspiracy to commit murder, one count of consumer product tampering, and two counts of attempted murder.

A trial for Jones is scheduled to begin on 7 January 2025.

The world’s best lager for 2024 has been designated in various subcategories by the U.S. Open Beer Championship.

Lager enthusiasts are currently enjoying a golden era. This type of beer, known for its crisp and smooth profile due to cold fermentation, is seeing a rise in popularity among craft brewers. As previously covered, lagers are one of the most popular styles found at major beer festivals and local taprooms alike. Although they haven’t reached the sales levels of IPAs, their presence is increasingly felt.

At this year’s U.S. Open Beer Championship, various lager subcategories stood out, with judges awarding gold medals to the best light and medium-body lagers after a rigorous blind taste testing. It’s worth noting that this overview excludes pilsners, which have been discussed in a previous article.

The U.S. Open Beer Championship, known for announcing its results earlier this season, accepts entries from worldwide breweries. However, the highlighted winners here are all from the U.S., which reflects not only higher participation rates from American breweries but also the exceptional quality of lagers produced in the country.

It’s great to see craft breweries embrace this style that was once the dominion of big beer. It’s also clear that Missing Falls Brewery understands what this style is all about. The beer’s tasting notes proudly proclaim it is a “fuss” free beer designed to be light and drinkable.

John and Amanda Hutchings started Fall River Brewing Co. out of a garage in the early 2010s. They’ve since grown into a celebrated brewery with beer distributed throughout California and Nevada. Their American-style lager, Hooked, draws on American and German influences with the goal of creating a beer with a crisp and clean finish inspired by the outdoors.

Made in collaboration with the band Old Heavy Hands, this light lager was brewed with max crushability in mind. Per the brewery, it’s “a very light-bodied, crisp lager designed to be consumed very cold. Very refreshing and thirst-quenching.”

This casino-based brewery clearly hit the jackpot with this beer. According to the brewery Oroveza is “brewed with a light grain bill and a generous amount of flaked maize to give it the clean and bright color of gold.” The result is a crisp and refreshing brew.

Würld Class is highly esteemed as per the commendation it received from the U.S. Open Beer Championship, brewed by a family-operated brewery in La Grange Park. This establishment is known not only for premium brews crafted by Jim Koblish, the owner and head brewer, but also for its strong communal atmosphere.

The gold lager is expertly made using Riwaka hops sourced from New Zealand. Described in its tasting notes, the beer exhibits “extreme citrus notes and Nectaron hops – intense pineapple, passion fruit, and stone fruit characters” along with “aromas of lemongrass and stone fruit.” Brunswick Beer and Cider finds its muse in the understated allure of North Carolina’s wetlands, highlighted by a logo that reflects the ancient cypress trees prevalent in that region.

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For years, a claim has circulated on social media that the word “bar” originated as an acronym for “beer and alcohol room.” For example on July 10, 2024, an Instagram user posted a meme reading:

How old were you when you learned that BAR stands for “Beer & Alcohol Room”

The caption of the post read, “Be honest?”

(Instagram user @westwest739)

The first instance of the statement that Snopes found was posted on X on December 14, 2018. The message was nearly the same as the meme mentioned, stating: “How old were you when you learned that BAR stood for Beer & Alcohol Room?”

How old were you when you learned that BAR stood for Beer & Alcohol Room?

— Today Years Old (@todayyearsoldig) December 15, 2018

Since then, the claim has been posted numerous times in text, meme, and video form on Facebook, Instagram, X, TikTok, and other social media sites.

In addition to English-language posts, the claim about the etymology of the word “bar” also spread widely in other languages. In fact, the post with the highest engagement numbers Snopes has been able to identify was written in French.

That post, which was made on June 13, 2020, and as of this writing had received around 1,200 reposts and 5,500 likes, read: “C’est quand que vous avez su que le mot ‘BAR’ signifie Beer and Alcohol Room?”

C’est quand que vous avez su que le mot “BAR” signifie Beer and Alcohol Room ?

— Bati 🔅 (@bati_acl) June 13, 2020

Translated into English, that means, “When did you learn that the word ‘BAR’ means Beer and Alcohol Room?” Essentially, this post translates directly from similar statements in English-speaking contexts.

Comparable posts have appeared in Italian, Portuguese, and Swahili (Snopes verified the translations of the Portuguese and Swahili posts using Google Translate).

Despite its widespread propagation, the assertion that the English word “bar” is an acronym for “beer and alcohol room” is inaccurate.

Instead, multiple etymological dictionaries have confirmed that the word “bar,” in the sense Merriam-Webster defines as “a room or establishment where alcoholic drinks and sometimes food are served,” has the same etymological origin as the primary meaning of the English word “bar,” namely “a solid piece or block of material that is longer than it is wide.”

Namely, as noted by the Online Etymological Dictionary as well as the Oxford English Dictionary and An Etymological Dictionary of Modern English, the word “bar” came into English in the 12th century by way of the Old French word “barre,” meaning “beam, bar, gate, barrier.”

All three dictionaries noted that the first known English use of the word “bar” to mean a tavern or drinking establishment occurred in the 1590s and specifically referred to the “barrier or counter over which drinks or food were served to customers.”

In sum, multiple etymological dictionaries have explained that English word “bar,” meaning tavern or drinking establishment, developed as a particular usage of the broader term “bar,” meaning a long, solid block of material. The ultimate origin of both terms was the Old French word “barre.” For this reason, Snopes has rated the claim that the word “bar” originated as an acronym for “beer and alcohol room” as “False.”

Famed wrestler and actor Hulk Hogan will be visiting Northeast Ohio this week to promote his beer brand, “Real American Beer.”

Hogan’s tour includes multiple local appearances:

Giant Eagle, Monday, 2-3:30 p.m., 15919 Pearl Road in Strongsville.

The Thirsty Cowboy, Monday, 5-6 p.m., 2743 Medina Road in Medina.

Giant Eagle, Tuesday, 2-3:30 p.m., 6493 Strip Ave., North Canton.

Water Street Tavern, Tuesday, 6-7:30 p.m., 132 Water St., Kent.

This article originally appeared on Akron Beacon Journal: Hulk Hogan will stop in Kent, Medina to promote his beer brand

Xenomorph in 20th Century Studios’ ALIEN: ROMULUS. Photo courtesy of 20th Century Studios. © 2024 20th Century Studios. All Rights Reserved.

Ridley Scott’s seminal sci-fi/horror film Alien (1979) is known for many things: the infamous Chestburster scene, the debut of Sigourney Weaver playing badass Ellen Ripley, and a new breed of cosmic terror known as the Xenomorph.

A can of fermented hops isn’t exactly synonymous with the classic movie…unless, of course, you’re a super-fan who pays attention to the smallest production details.

For close to half a century, eagle-eyed viewers have discussed the topic of Aspen Beer, the Nostromo crew’s alcoholic beverage of choice. Most notably imbibed by Captain Dallas (Tom Skerritt) during Kane’s final meal, the drink represents one of the franchise’s first-ever references to Weyland-Yutani, the greed-obsessed “Company” that will do anything to get its hands on a Xenomorph specimen. While the corporation would play a much larger and more visible role in the sequels that followed, it’s very cool to learn the callous conglomerate that spans innumerable industries was always there from the very beginning — albeit spelled without the “d” at the end of “Weyland.”

Captain Dallas (right) holds a can of Aspen Beer in 1979’s “Alien.”

Initially just a minor prop in the background, Aspen Beer has become a recurrent element in the Alien series, intriguing fans who can now even taste it themselves through Alien: Romulus. In conjunction with the movie’s grand release in theaters this weekend, 20th Century Studios has collaborated with Angel City Brewing to bring this fictional beverage to life.

“We reflected on the beer’s appearances throughout the series and contemplated what a crew on a spaceship would likely prefer as a regular drink,” says marketing manager Kelsey Damassa. “Our conclusion was a drink not too strong in alcohol content or too exotic in flavor. We aimed for a beer type that would be universally enjoyable.”

Guided by this concept, head brewer Layton Cutler crafted the real-world version of Aspen Beer as a blonde ale, as these “lightly flavored, classic beer styles … never become outdated or unpopular,” according to Damassa. “This blonde ale exemplifies such qualities — bright, traditional, and immensely satisfying. It’s the ideal beverage for space exploration.”

To be as faithful as possible to the product design featured in the ‘79 feature that set the whole mythos in motion, the Angel City team worked off high-res images of the Aspen Beer logo provided by 20th Century Studios.

“We tried to stay as true as possible to the original label design, but also wanted to add a little Angel City and Los Angeles flair,” Damassa says. “You’ll notice our iconic Angel is featured on the front of the can under the ‘Aspen Beer’ logo. You’ll also notice that we changed the location on the ribbon from Aspen, Colorado to Los Angeles, California to give a subtle nod to where the beer was brewed.”

Aspen Beer as produced by Angel City Brewing

Aspen Beer as produced by Angel City Brewing

Those looking to get taste of an ice-cold Aspen can head over to Angel City Brewery in Los Angeles (216 S Alameda Street), where the beer is available on tap and in a limited number of to-go cans. Facehugger eggs sold separately…

Alien: Romulus is now playing exclusively in theaters.

Directed and co-written by Fede Álvarez (Evil Dead, Don’t Breathe), the film takes place between the events of Alien and Aliens. Its story centers around a group of young scavengers who get way more than they bargained for while trying to steal cryo-pods from an abandoned Weyland-Yutani research station. Ridley Scott served as a producer on the project via his Scott Free banner.

ANN ARBOR — As the Michigan Wolverines defend their national championship title at the season opener this month, fans at Michigan Stadium will, for the first time, be able to purchase alcohol during the games.

An individual involved in the new arrangement discussed the details with MLive on Tuesday.

Attendees can look forward to a selection that includes beer, wine, and several canned cocktails available at various concession stands throughout the stadium. A more extensive bar service will be provided at the club and suite levels, featuring offerings from five different Michigan breweries such as Founders, with two based in Ann Arbor, and at least one imported beer option.

According to Michael Jordan, the general manager of Sodexo, which manages food services for Michigan athletics, a 16-ounce beer will be priced at $12.25. He is not affiliated with the famous Michael Jordan known for the logo on the Wolverines’ uniforms.

A glass of wine served from a box will cost around $10. The price of a canned cocktail, similar to a High Noon, is still to be determined but might be approximately $15.

At Michigan Stadium, while gates and many concessions open two hours before kickoff, alcohol sales will not begin until one hour prior to kickoff and will cease early in the fourth quarter.

During the eight home games this fall, alcohol will be available at various locations around the Big House, excluding the main concession stands which were traditionally manned by volunteers from nonprofits for fundraising purposes, such as church groups or Boy Scouts. According to Jordan, these groups have raised about $2,000 per game; last season, Michigan distributed over $1 million to these groups, and there is currently a waiting list for game day volunteering opportunities.

As per NCAA regulations, nonprofit organizations are prohibited from selling alcohol at events, resulting in 400 dedicated staff members who will handle alcohol sales at the Michigan Stadium. These concessions might also offer certain snacks, like peanuts.

Managing beer sales in an almost century-old stadium that accommodates around 110,000 fans per game presents unique challenges, such as the absence of a walk-in refrigerator. To address this, Sodexo will need to hire extra equipment to facilitate the new service.

Research indicates that making alcohol available at sports events can diminish the incidence of alcohol-related problems. This is thought to be because fans may not feel compelled to excessively pre-drink before attending. However, concerns remain. At Michigan Stadium, proof of age will allow a patron to purchase no more than two alcoholic beverages at a time and they will be given a wristband to help staff monitor alcohol consumption in the seating areas. Additionally, vendors will be trained to recognize when they should refuse to serve more drinks to a fan.

This year marks the first occasion that Michigan has sold alcoholic beverages at Crisler Center and Yost Ice Arena events starting in February. According to Jordan, the introduction was successful with few issues arising and he observed an increase in the lively atmosphere during hockey matches due to the availability of beer.

With the introduction of alcohol at Michigan Stadium, an escalation in excitement is inevitable.

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The discussion that the terms “craft beer” and “craft brewer” are no longer beneficial or clear has been around for some time now. Nearly ten years ago, those who once advocated for these terms began to notice their dilution due to external influences, making it difficult to classify breweries or companies as small, noble businesses opposing giant corporations. We saw major corporations like AB InBev exploit their vast networks to cloud consumer choices, a tactic that proved very effective. What we did not anticipate was the decline of the broader “better beer” movement, prompting these corporations to step back from their craft beer ventures. Now, with companies like AB InBev and Molson Coors divesting from these ventures, one has to wonder about the relevance of these terms in 2024. Are they outdated, or do they still hold value?

This question often lingers in my mind as I sit in a local brewery taproom, contemplating the significance of such labels to the patrons. Do these consumers care about their brewer being “independent”? While they might like the notion of supporting a small, independent entity, it’s uncertain if they would verify such credentials. Are these ideals significant enough to warrant effort from consumers?

Moreover, when the Canadian cannabis giant Tilray recently acquired four U.S. breweries from Molson Coors, does it alter how consumers perceive those brands? Fans of these breweries – Terrapin Beer Co., Hop Valley Brewing Co., Revolver Brewing, and Atwater Brewery – does it matter to you that these brands might now be labeled “craft” by the Brewers Association, though they weren’t under Molson Coors? Is it believable that a large cannabis company would better manage these brands than a large brewing company? I am skeptical of that notion.

I question if consumers who care deeply about these distinctions still exist, considering the complexity involved in understanding corporate ownership and ethics today. This issue has evolved so much it mirrors a plot from The Good Place, complicating decisions for well-informed consumers. It’s become so challenging that many might simply choose not to worry about it. In reaction, I’ve shifted to purchasing only local beers from my own city, leaving the other concerns aside.

Consider the recent trend of breweries consolidating under large corporations that hardly fit the traditional mold of “small” or “independent.” Tilray Brands Inc., a multinational cannabis and pharmaceutical company, entered the beer market by acquiring Atlanta-based SweetWater Brewing Co. in 2020. Initially, this seemed like a unique venture, aligning with the cannabis culture often associated with SweetWater. However, Tilray subsequently embarked on a spree of acquisitions, taking over various brands from the AB InBev lineup and others, including Shock Top and several former independent craft breweries such as Breckenridge Brewery and Blue Point Brewing Company. The company further expanded by acquiring West Coast favorites like Green Flash Brewing and Alpine Beer Co., and later adding notable names from Molson Coors like Terrapin Beer Co. and Hop Valley Brewing Co. All these brands, including competitors like SweetWater and Terrapin, are now unified under Tilray’s extensive corporate umbrella. Last year, Tilray reported revenues of $627 million, reflecting a shift away from what many would consider genuine “craft beer.”

According to the official Craft Brewer definition by the Brewers Association, the inclusion of breweries like Terrapin and Atwater in Tilray’s portfolio paradoxically reels them back into the craft beer category. Tilray’s acquisitions allow these breweries to reclaim the “craft” designation, as Tilray, not primarily a beer producer, falls outside the threshold of the large brewery (producing over 6 million barrels per year). This classification might seem somewhat absurd. Despite changing ownership, these breweries continue their operations, shifting back into the craft beer statistics after being excluded the previous year. While Molson Coors struggled with these brands’ direction, it’s uncertain if Tilray will manage any better in revitalizing these shrinking legacy brands during a challenging time for the industry. Moreover, it remains to be seen whether consumers will return to brands like Terrapin, now labeled as craft under the Brewers Association’s criteria.

The definition of “craft brewer” has historically evolved, often aligning with the interests of the largest members within the industry. Previously, terms like “small” and “traditional” have been redefined, allowing larger producers like Yuengling to qualify under this category. At one point, a “craft brewer” had to focus primarily on beer, a criterion that lapsed around the same time Boston Beer Co.’s non-beer products outpaced their beer output. Today, with less than 20% of Boston Beer Co.’s production being actual beer, one wonders if definitions like these still hold any significance for the average consumer, who may find these distinctions too intricate to relate to. It’s ironic that AB InBev, once a major player in craft beer, now plays a minimal role, having possibly outmaneuvered itself by creating a market too complex for many consumers, pushing them towards locally-made, simpler options. Whether these local breweries qualify as “craft” or whether what they brew qualifies as “craft beer” seems increasingly irrelevant when survival is the primary concern for many in the industry.

I’ll let you know the next time I meet one, but you probably wouldn’t want to hold your breath waiting for it to happen.

Jim Vorel is a Paste staff writer and resident beer and liquor geek. You can follow him on Twitter for more drink writing.

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For at least the second consecutive year, Oregon farmers are harvesting fewer hops to match the decline in beer sales. Read online: https://www.koin.com/news/business/oregon-farmers-harvest-fewer-hops-for-another-year-due-to-declining-beer-sales/

Matt Tarlecki is the owner of the Abandoned Building Brewery in Easthampton.

You might think that Matt Tarlecki of Abandoned Building Brewing in Easthampton chose the name of his business because it’s housed in an old mill building.

But you’d be wrong.

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In this article, we explore the topic of beer losing its fizz as spirits rise in popularity: Top 10 stocks to invest in.

As we approach the end of 2024, the landscape of the alcoholic beverage industry is witnessing a shift. According to data from the Distilled Spirits Council (DSC), spirits have now overtaken beer as the preferred alcoholic drink. In 2023, spirits accounted for over 42% of the market share, showcasing a significant increase of 13 percentage points since 2000. This change coincides with a notable transformation in American attitudes towards alcohol. For example, a comprehensive survey by Gallup posed numerous questions to respondents about their drinking behaviors and how they perceive the role of alcohol in society.

Compared to a 2001 survey where 22% of respondents believed alcohol was beneficial for health, this number fell sharply to 10% in 2023, reaching a two-decade low. Similarly, aligning with DSC’s findings, the proportion of survey participants who predominantly drank beer dropped from 47% in 1992 to 37% in 2023. Meanwhile, the consumption rates for wine and liquor rose to 29% and 31% from previous percentages of 27% and 21%, respectively.

Additionally, 29% of individuals reported not consuming any alcohol in the previous week back in 1987, with this figure slightly increasing to 33% in 2023. Further studies highlight that although 72% of young adults aged 18 to 34 reported consuming alcohol within the last year between 2001 and 2023, this percentage decreased to 62% by 2024. This suggests that the trend towards reduced alcohol consumption is predominantly driven by younger demographics, while consumption rates for the age groups 35 to 54 and over 55 saw an increase.

While decreased alcohol consumption might seem concerning for the liquor industry due to potential declines in sales, the opposite effect might be true. Lower alcohol consumption can lead to improved health outcomes, which could sustain long-term business for these companies. Moreover, there is increasing popularity of spirits such as tequila or Mezcal among younger drinkers. Even though vodka sales remained flat in 2023 at $7.2 billion, tequila and mezcal experienced a 7.9% annual growth, reaching sales of $6.5 billion.

Another significant trend in the U.S. is the rising preference for convenience, evident from the growth in the premixed cocktails or ready-to-drink (RTD) alcohol sector. Although this category is smaller, with sales amounting to $2.8 billion, it saw a remarkable 26.8% growth in a year, signaling the only spirit category with a double-digit share gain.

The reduction in alcohol consumption may be attributed to increased health awareness, with 39% of the population in 2023 believing alcohol adversely affects health, up from 27% in 2001. Additionally, the rise of alternative recreational substances like cannabis and psychedelics could be contributing factors. As per findings from the Substance Abuse and Mental Health Services Administration (SAMHSA), revealed in their 2019 National Survey on Drug Use and Health, about 50.8% of people reported drinking alcohol in 2019, which slightly decreased to 48.7% by 2022. Remarkably, marijuana usage is on the rise, with 35.4% of the same demographic using it in 2019, up significantly from 29.8% in 2002. By 2022, the number of marijuana users escalated to 61.9 million. The Addiction Journal further emphasized this trend by reporting a 15-fold increase per capita in cannabis use from 1992 to 2022, based on SAMHSA’s data.

These insights make it evident that alcohol consumption has witnessed a slight decline from 2019 to 2022, while marijuana usage has seen significant growth in the same period.

Numerically, 17.7 million people reported using cannabis on a daily or near daily basis in 2022, which was three million higher than the 14.7 million for alcohol use. Similarly, the intensity of cannabis use was higher as the median cannabis user reported using 15 to 16 days in the past month while the median drinker drank for 5 to 6 days.

To sum it up, right now, alcohol use is dropping, younger drinkers prefer sweeter drinks and spirits over vodka and beer, and the rate and scale of cannabis use are increasing. With these details in mind, let’s look at the top ten alcoholic beverage stocks to buy.

Photo by John Fornander on Unsplash

Our Methodology

To compile our top ten list of alcohol-related stocks to invest in, we analyzed the 40 most valuable alcoholic beverage companies listed on the NYSE and NASDAQ. We ranked them based on the quantity of hedge funds that acquired their stocks in Q1 2024. The companies with the highest participation from hedge fund investors were selected.

We focus on stocks popular among hedge funds because our research indicates that mimicking the investment choices of leading hedge funds can outperform the market. By selecting 14 small-cap and large-cap stocks each quarter, our strategy, outlined in our quarterly newsletter, has realized a return of 275% since May 2014, which is 150 percentage points above our benchmark (see more details here).

Number of Hedge Fund Investors in Q1 2024: 7

SNDL Inc. (NASDAQ:SNDL), a Canadian company that operates branded liquor stores and a cannabis business, tailors its offerings to current consumer preferences, such as a growing penchant for spirits over beer. The company’s involvement in the cannabis industry, offering products like vapes and flowers, positions it to benefit from potential shifts in consumer habits towards cannabis. However, SNDL Inc.’s financial vulnerability, underscored by a lack of profitability over the previous four years and a relatively modest asset base (total assets of C$1.4 billion and cash of $201 million), could pose challenges, especially if new health regulations impact its cannabis-related products.

SNDL Inc. (NASDAQ:SNDL) discussed the performance of its liquor retail sector during the Q2 2024 earnings call, as detailed in the transcript found here. The report highlighted:

“For Q2 2024, net revenue for the liquor segment was $114.6 million, marking a decrease of $11 million or 7% from the previous year. A significant portion of this decline occurred during March to April and is largely attributed to broader market slowdown reported across North America. Management believes these issues are temporary, tied to fluctuating consumption patterns rather than long-term industry troubles. Despite these challenges, our gross margin has grown to 25.4%, up by 210 basis points from last year, contributed by a 10% increase in our private label’s profitability, enhanced procurement processes, and leveraged data sales. This improvement has facilitated a slight increase in both gross profit and operating income from the liquor segment compared to Q2 2023.”

Number of Hedge Fund Investors in Q1 2024: 14

Ambev S.A. (NYSE:ABEV), a major global brewer, holds significant market share and brand recognition with products like Corona and Budweiser. Being well-established, the company faces less growth pressure compared to newer companies. However, with the increasing popularity of spirits over beer, there is a possibility that Ambev may experience a decline in beer volumes. The brands best known within the company are beers, and there could be advantages in markets like Argentina and Brazil where Corona is very popular. Like its peers in the alcohol industry, Ambev’s stock performance is influenced by inflation rates, with lower inflation typically boosting volume sales.

During its Q2 2024 earnings call, Ambev’s management shared their optimism about the strength of their brands. They highlighted:

“Corona in the super premium category continues to exhibit the highest brand health to market share ratio in the market, aligning with values of balance, enjoyment of life, travel, and relaxation. It features unique packaging and a refreshing beverage crafted from 100% natural ingredients. Spaten holds a strong position in the premium segment, recognized by beer specialists as Brazil’s best pure malt beer, which reinforces its status as a beer authority in Brazil. As for Budweiser, known as a more aspirational core-plus brand, it gains international visibility through prominent events like the World Cup and global music festivals such as Lollapalooza and Tomorrowland, showcasing its appeal to the youth.”

NYSE:TAPNYSE:STZNYSE:SAMNYSE:DEONYSE:BUDNYSE:ABEVNYSE:BF.ANYSE:NAPANASDAQ:MGPINASDAQ:SNDLDaily NewsletterDiageo Plc (NYSE:DEO)Ambev S.A. (NYSE:ABEV)SNDL Inc. (NASDAQ:SNDL)Mgp Ingredients Inc (NASDAQ:MGPI)Constellation Brands Inc. (NYSE:STZ)Brown-Forman Corporation (NYSE:BF-A)Anheuser-Busch InBev SA/NV (NYSE:BUD)The Boston Beer Company Inc. (NYSE:SAM)The Duckhorn Portfolio Inc. (NYSE:NAPA)Molson Coors Beverage Company (NYSE:TAP)Beer Loses Fizz as Spirits Gain Popularity: Top 10 Stocks to Buy

Returns since its inception in May 2014 (through May 20, 2024)

Warren Buffett

Berkshire Hathaway

$293,447,417,000

David Einhorn

Greenlight Capital

$1,491,303,000

George Soros

Soros Fund Management

$5,416,602,000

Jim Simons

Renaissance Technologies

$77,426,184,000

Leon Cooperman

Omega Advisors

$1,886,381,000

Carl Icahn

Icahn Capital LP

$22,521,664,000

Steve Cohen

Point72 Asset Management

$22,767,998,000

John Paulson

Paulson & Co

$3,510,256,000

David Tepper

Appaloosa Management LP

$4,198,712,000

Paul Tudor Jones

Tudor Investment Corp

$6,160,740,000

Artificial intelligence is the greatest investment opportunity of our lifetime. The time to invest in groundbreaking AI is now, and this stock is a steal!

The murmurs are now becoming loud cries.

Artificial intelligence has transcended beyond just being a part of science fiction.

It is now a transformative revolution impacting every sector worldwide.

With innovations ranging from autonomous vehicles to significant medical advancements, AI is at the brink of worldwide expansion, offering substantial benefits to discerning investors.

Here’s why this is the prime moment to jump on the AI bandwagon:

Exponential Growth on the Horizon: Forget linear growth – AI is poised for a hockey stick trajectory.

Imagine every sector, from healthcare to finance, infused with superhuman intelligence.

We’re talking disease prediction, hyper-personalized marketing, and automated logistics that streamline everything.

This is certain, not a possibility.

Those who invest early will be well-placed to capitalize on this massive technological wave.

Initial Opportunity: Recall the dawn of the internet?

Individuals who recognized the opportunities with major tech firms early on are reaping the benefits today.

AI is at a similar inflection point.

We’re not talking about established players – we’re talking about nimble startups with groundbreaking ideas and the potential to become the next Google or Amazon.

This is your chance to get in before the rockets take off!

Disruption is the New Name of the Game: Let’s face it, complacency breeds stagnation.

AI is the ultimate disruptor, and it’s shaking the foundations of traditional industries.

The companies that embrace AI will thrive, while the dinosaurs clinging to outdated methods will be left in the dust.

As an investor, you want to be on the side of the winners, and AI is the winning ticket.

The Talent Pool is Overflowing: The world’s brightest minds are flocking to AI.

From computer scientists to mathematicians, the next generation of innovators is pouring its energy into this field.

This influx of talent guarantees a constant stream of groundbreaking ideas and rapid advancements.

By investing in AI, you’re essentially backing the future.

The future is powered by artificial intelligence, and the time to invest is NOW.

Don’t just watch the technological evolution unfold.

Join the AI revolution and see your investments rise with the leading thinkers of our era.

This is more than just financial gains – it’s about engaging with what’s coming next.

Prepare yourself for an exhilarating investment journey!

Act Immediately to Secure Up to 10,000% Return: Discover the Hidden Gem in AI Stocks (With Our Expert Guidance!)

The era of artificial intelligence has arrived, promising significant wealth for astute investors.

However, the plethora of options can be overwhelming. How do you identify that rare find – a startup set to skyrocket?

This is where our specialized knowledge plays a crucial role.

We have uncovered the solution, yet there’s an interesting catch…

Envision a company specializing in AI that is so innovative and ahead of its time, that even a fourfold increase in its stock value today would still make it seem extraordinarily undervalued.

The opportunity before you is not just significant—it’s monumental, suggesting a possible 10,000% increase in value over the coming ten years!

Our analysts have pinpointed an obscure AI enterprise equipped with revolutionary technology and tremendous growth potential, currently priced at what can only be described as a bargain.

This organization possesses unparalleled technology in artificial intelligence, positioning them well ahead of their industry rivals.

It’s akin to racing a Formula One car against go-karts.

They stand a significant chance of monopolizing entire industries, securing their position as the dominant force.

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I am employed by one of the top independent financial publishers globally, supporting over a million individuals across 148 nations.

Today’s broadcast, independently funded, aims to tackle a question prevalent among all American investors currently…

Should I invest in Artificial Intelligence?

Joining us to address this query and to share his number one free AI investment tip is the veteran Wall Street icon, Marc Chaikin.

Marc’s career spans roles as a trader, stockbroker, and analyst. He formerly led the options department at a prominent brokerage firm and is a recognized authority frequently featured on CNBC, Fox Business, Barron’s, and Yahoo! Finance.

He is best known, however, for creating a celebrated stock-rating system that predicts whether a stock is likely to significantly rise or fall within the next three to six months.

This system is so respected that it’s integrated into every Bloomberg and Reuters terminal worldwide…

Hundreds of financial institutions including banks, hedge funds, and brokerage firms rely on this system daily to monitor the immense capital movements within the stock markets.

He’s used this system to survive nine bear markets… create three new indices for the Nasdaq… and even predict the brutal bear market of 2022, 90 days in advance.

Click to continue reading…