Take Investment Dollars and Keep Them

Credit Mark Wallace. Used with permission under Creative Commons License.

Credit Mark Wallace. Used with permission under Creative Commons License.

Starting a new beverage manufacturing business takes more than a good beverage, it takes money. Selling ownership shares in your business is an attractive source of start-up funding, but it’s risky. When you take money from investors in exchange for ownership, two things are true. First, your investors expect you to deliver on your promises about the success of the business. Second, federal and state securities laws make you responsible for those promises.

What happens when you don’t deliver on your promises or you violate federal or state securities laws? Often you have to give investors their money back, and that’s the best case scenario.

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The Florida Wineries Report – June 2014

Florida Wineries Report LogoIntroducing the all-new Florida Wineries Report–monthly rankings and data tracking the growth of Florida’s winemaking industry.

Notes About this Edition of The Florida Wineries Report

  • All beverage manufacturers holding a AMW (manufacturer or bottler of wine) or a BMCW (manufacturer of wines and cordials) are included in The Florida Wineries Report. This includes cideries, meaderies, vineyards, make-it-yourself wine shops, ready-to-drink alcoholic beverages, and negociant winemakers. They’re all in The Florida Wineries Report, which makes direct comparisons a bit difficult.
  • This edition of The Florida Wineries Report reflects information about each winery’s reported taxpaid sales, as reflected on the ABT’s monthly wholesale reports for June 2014, the most recent information available. Taxpaid sales includes all activities for which the winery itself (rather than its distributor) is required to report and pay Florida’s alcoholic beverage tax.
  • Full production numbers (including retail sales and other production) are not publicly available for wineries. This means that these reports only reflect the wineries’ own tasting room sales and other taxpaid activities, and only if they are no reported by a distributor. We’re working with the ABT to get full production numbers. While the ABT does collect full production numbers, it does not compile the numbers the same way they do the retail sale numbers.
  • A handful of Florida wineries have reported no taxpaid sales during the last 12 months. There are many reasons why a Florida winery might report no taxpaid sales. Because we don’t have a basis for ranking these wineries, they are collected in the No Reported Activity table below.
  • Based on taxpaid sales, the Florida winemaking industry had positive annual growth at a rate of 1.54% in June 2014.

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The Florida Breweries Report – June 2014

Florida Breweries Report Logo (14.07.04)Eight new breweries and a completely new table in this Florida Breweries Report.

Notes about this edition of The Florida Breweries Report

  • This edition of The Florida Breweries Report reflects information about each brewery’s reported retail sales, as reflected on the ABT’s monthly wholesale reports for June 2014, the most recent information available. That’s not entirely true. According to an ABT representative, the numbers reported by production breweries (those that have a CMB license) is for all taxable activities.
  • Full production numbers (including retail sales and other production) are not publicly available for production breweries. This means that the activity of production-only breweries–like Grayton Beer Co. and Engine 15 Brewing Co.‘s new production brewery–is not fairly reflected in these reports. We’re working with the ABT to get full production numbers. While the ABT does collect full production numbers, it does not compile the numbers they same way they do the retail sale numbers.
  • This edition of The Florida Breweries Report introduces a new table listing the breweries that reported no taxable activity for the month. This table includes production-only breweries and new breweries that have just recently opened. The breweries on the No Reported Sales Activities are not included in the rankings of the other tables.
  • Eight new breweries are included in this edition of The Florida Breweries Report: Proof Brewing Co.‘s Production Brewery, Oyster City Brewing Co., Dunedin House of Beer, Engine 15 Brewing Co.’s Production Brewery, Escape Brewing Co., First Magnitude Brewing Co., Orchid Island Brewery, and Veterans United Craft Brewery.
  • Based on retail sales, the Florida brewing industry’s annual growth rate increased to 4.11% in June 2014.

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Florida Breweries Benefit from Local Support

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Credit Sam Slaughter, Persimmon Hollow Brewing Co.

In her August 1, 2014 column, Orlando Sentinel columnist Beth Kassab celebrates Central Florida’s growing number of breweries and the support they’re getting from local government officials. At the same time, Ms. Kassab takes aim at Florida’s state-level politicians, most of whom haven’t given much help or attention to Florida breweries.

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The Florida Breweries Report – May 2014

Florida Breweries Report Logo (14.07.04)

It’s Christmas in July! A second Florida Breweries Report this month.

Notes about The Florida Breweries Report

  • The Florida Breweries Report reflects information about each brewery’s reported retail sales, as reflected on the ABT’s monthly wholesale reports for May 2014, the most recent information available. Full production and sales numbers (both retail and wholesale, for production breweries) are not publicly available.
  • We’ve added Industry Total figures in this edition of The Florida Breweries Report.
  • This edition of The Florida Breweries Report features 1 newly licensed brewer: The Corkscrew (Ocala). Not your typical brewery, The Corkscrew allows visitors to make their own wine and beer–just another example of the creative ways to grow Florida beverage industry. Entries for The Corkscrew are bolded in this edition of The Florida Breweries Report.

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Before Choosing a Beverage Manufacturing Location: 5 Questions

New Coppertail Brewery Location in Tampa

New Coppertail Brewing Co. Location in Tampa. Credit Coppertail Brewing Co.

Choosing the location for your new Florida brewery, winery, or distillery is a big moment in the life of your beverage business. Before making a final decision, answer these five questions about the location.

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The Florida Breweries Report – April 2014

Florida Breweries Report Logo (14.07.04)Brewpubs are breweries too, right? We think so. Even though the Floria ABT separates its reporting on the retail sales by Florida production breweries (CMB license) and Florida brewpubs (CMBP license), we don’t have to. For the first time, Florida breweries and brewpubs are all together in The Florida Breweries Report.

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Pre-License Tasting Events: 5 Best Practices

Photo credit to Quinn Dombrowski. Used with permission under Creative Common license.

Photo credit to Quinn Dombrowski. Used with permission under Creative Common license.

Before opening your new Florida brewery, winery, cidery, or meadery, you can use the homebrewing and home winemaking laws to start promoting your products. Exercising some best practices will help insure that your pre-license tastings do not run afoul of state or federal law. Continue reading

When a Brewery Closes

Credit Ben Husmann. Creative Common License.

Credit Ben Husmann. Creative Common License.

Have you every watched a runner take a hard fall during a marathon? That’s how I feel about Mile Marker Brewing Co.’s closing its taproom last week. I am sure it was a hard decision for the Mile Marker team, and I wish them the best.

I do not have any special insight into the situation at Mile Marker, but it got me thinking about some of the legal issues the may come up when a Florida brewery, winery, or distillery closes its doors. Continue reading

Dear 64 oz Growler, Florida Doesn’t (Intentionally) Hate You

The Florida law outlawing the 64 oz growler was never about the 64 oz growler.

https://www.flickr.com/photos/wickenden/4184532049/in/photolist-8H8o5L-8H5fqp-4m46hf-4uze5h-9SxgCT-6oLfM4-4D1C1N-9gw6fK-dmEr2q-dmEnJv-fbHWTu-4ABni7-4NsJYd-7fnui9-7nLPAi-9Z8e2C-i6uRNb-9Z5j2n-dDNBGD-7reoGk-7fnuim-8H8oPU-bsdtpp-8H5fYM-dnmrCt-KVox4-8DhRNu-aWkCS8-4WmC8W-4eZvrS-cokLeL-3TFjSB-aSA79-9dGjuL-dhpRGM-7cb9AD-gs82Nn-gs7PUL-gs84fF-gs7sJZ-4uvdaZ-8pmKbc-fpVSBb-4e4nKi-3KyDXy-8RAW82-nFFiBQ-a3sqUq-5ynvM2-MYECF

Used with Permission from Creative Commons

Prior to 2001, the Florida Statutes limited the size of beer containers to 8 oz, 12 oz, 16 oz, 32 oz or 1 gallon and over. That had been the law since 1965, when the limitation on container sizes was first introduced. A record of the legislators’ deliberations isn’t available from those days, but a 1999 Senate report says Florida legislators at the time were mad at Miller Brewing Co for building a plant in Georgia, and the size limitations were aimed at outlawing a 7 oz bottle sold by Miller.

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