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Through entrepreneurial spirit, craft distilleries are moving into a new business model during the pandemic.

Questions:

  1. Roughly, how many craft distilleries are there in the U.S.?
  2. Why has the pandemic closed or limited tasting room sales?
  3. Based on the entrepreneurial spirit of the craft distilleries and according to the article, what does the new model look like?
  4. According to the Distilled Spirits Council of the United States, a trade organization, how much are craft distillers projected to lose in annualized sales in 2020? What percent is this of the total business?

Source:

Weisstuch, L. (2020). How distillery owners are finding creative ways to stay in the game during the pandemic. The Washington Post, Sep. 4 (Retrievable online at https://www.washingtonpost.com/lifestyle/travel/how-distillery-owners-are-finding-creative-ways-to-stay-in-the-game-during-the-pandemic/2020/09/03/011b1592-e7c7-11ea-970a-64c73a1c2392_story.html)