In the post-Covid world, breweries statewide may be re-evaluating operations, reviewing performance metrics and looking at expansion opportunities. These activities seem timely, given our societal emergence from the pandemic and general desire to find creative and innovative ways to evolve business operations. Now that the first quarter is collectively behind us, we can officially reset […]
The United States Alcohol and Tobacco Tax and Trade Bureau (TTB) has published notice of proposed amendments to its regulations governing the requirements for filing a Brewer’s Notices (essentially, the federal permit to operate a brewery) and relaxing certain operational and reporting requirements for breweries. If, as expected, the proposed amendments are adopted, they should […]
In recognition that the brewing (and other alcohol manufacturing) industry is being “severely impacted” by COVID-19, the United States Alcohol and Tobacco Tax and Trade Bureau (TTB) issued a new Industry Circular (No. 2020-2) on March 31, 2020. This Circular postpones several filing and payment due dates by 90 days, providing welcome relief to brewers […]
“Hemp” was exempted from the definition of marijuana in the federal 2018 Farm Bill. Since then, the Alcohol and Tobacco Tax and Trade Bureau (TTB) has received inquiries on whether breweries can produce alcoholic beverages containing hemp-derived ingredients, including cannabidiol (CBD). Hemp is now legal under state and federal law, but the TTB has determined […]
Crafting Your Business: Post 1 of 4 in the Series from the NYS Craft Beverages Handbook One of the first things a proposed brewery owner needs to determine is where the brewery will be located. “Location, Location, Location” is what the realtors say – and they’re right! Locating your brewery in the right spot will help drive traffic to your tap […]
A new craft brewery recently asked whether or not they should have a lease in place for their brewery premises. The brewery was located on the same parcel of land as their residence. The answer – absolutely. Their next question was whether they, as owners of the residence, should lease to the brewery or whether […]
With the warmer weather, many breweries may be producing, or considering producing, seasonal beers with flavors such as cherry or other fruits. As fall approaches, beers with pumpkin, apples, and spices are likely to be more popular. Studies have shown that the percentage of new beers hitting the market that are of the flavored variety […]
Starting January 1, 2017, if you are a TTB-permitted entity owing less than $50,000 in excise taxes in the previous year and expect to owe less than $50,000 in the current year on beer, distilled spirits, or wine, you will no longer be required to hold a bond. Because the bond exemption does not go […]