The Alcohol Industry has lost 830 Billion dollars over the last 4 years....

[harddriver]

 

[Findthetone1]

I'll drink to that

 

[NoHassle]

The GREEDY CUNTS should lower their prices...

Many single malts have doubled over the last 12yrs and they STILL don't get it.

It was expensive 12yrs ago and today it's out of the reach of so many normal working people as it's truly a luxury item these days.

The prices that bars charge for liquor is fucking theft...serious fucking theft. I sit at home and drink because I'm not giving those thieves my money.
For what one beer costs at a bar I can buy a six pack at the smkt and that's at retail pricing. The bars pay way less paying wholesale pricing so they're ripping us off like greedy fuckheads.

They're so fucking stupid that they should consider making money on sales volume and not on one single purchase.

 

[shar-vell Dan]

People will always buy addictive products.

 

[NoHassle]

People will always buy addictive products.

True...but losing $800+ billion over 4 years is telling them it won't continue as it was because of their outrageous greed.

 

[JackTripper]

Cannabis sales are cannibalizing alcohol sales. Gen Z prefers cannabis over alcohol. You can see it in several states, where cannabis tax revenue exceeds alcohol beverage tax revenue within five years after legalization.

 

[Findthetone1]

Cannabis sales are cannibalizing alcohol sales. Gen Z prefers cannabis over alcohol. You can see it in several states, where cannabis tax revenue exceeds alcohol beverage tax revenue within five years after legalization.

This. One vice was just traded for another.

 

[shar-vell Dan]

Just don't put it in your mouth. Problem solved.

 

[311boogieman]

Just don't put it in your mouth. Problem solved.

Sounds like a great weight loss program

 

[Findthetone1]

Just don't put it in your mouth. Problem solved.

How would you make any money otherwise, Tubby?

 

[JackTripper]

This. One vice was just traded for another.

Yup. What's not mentioned in that video is that the alcohol industry is paying attention. That's why you see companies like Constellation Brands (Modelo, Corona) taking large positions in cannabis companies. They're hedging.

 

[70 Mach 1]

not in my house. i cant keep bourbon in stock

 

[Killcrop]

Gen Z don't drink nearly as much as the generations before.

 

[JDs Couch]

not in my house. i cant keep bourbon in stock

Good. You should double your intake.

 

[Robostyle]

Good. You should double your intake.

So much peace and love

 

[70 Mach 1]

I have the idiot on block

 

[Monkey Man]

Don't know how-severe grog taxes are in the US but they're pretty-hefty here in Oz.

I'm tippin' the price increases due to guboments' ever-growing tax takes are partly-to-blame.

I know they are Down Under. Same goes for tobacco.

 

[teestone]

Gen Z and Millennials are also heavily medicated with attitude adjustment drugs and with many of said meds, mixing alcohol is discouraged.

To another’s point, cannabis is also replacing alcohol for many.

Craft beer is on life support and wine is struggling as well. Spirits on the other hand continue to reign supreme as far as market share goes.

Similar to how cigarette smoking has been replaced with vapes.

 

[MadAsAHatter]

One of my favorite Vodkas, mostly because of the bottle. @Monkey Man

 

[JackTripper]

not in my house. i cant keep bourbon in stock

Same here. And tequila and sometimes a good Irish whiskey.