Craft Breweries Struggle Amidst Record Low Alcohol Consumption
Raleigh News Today | 2 Min News | The Daily News Now! · The Daily News Now!
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Show Notes
Olfactory Brewing, a San Francisco craft brewery, recently filed for bankruptcy, joining a wave of closures due to a record low in alcohol consumption among adults. Inflation has driven up costs, making it challenging for small breweries to stay afloat. Despite winning a gold medal in 2024, Olfactory couldnt overcome the financial strain, with its San Francisco and Berkeley locations closing. The industry faces ongoing concerns as overall consumption drops to its lowest level since the 1950s.
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