By Walt Hickey Boom American whiskey sales hit $5.1 billion in 2023 after a steady rise, and bourbon producers have expanded capacity to over 2 million barrels a year for the past four years. One thing this has fueled is a whole lot of speculation. Whiskey takes time to age, and besides the bourbon intended for specific companies or brands, private equity and venture capital companies are paying distilleries to fill tens of thousands of casks with the intention of just sitting on them while they age in the hope of flipping them for thousands of dollars a barrel sometime down the line. The question then becomes is this sustainable, and will demand for whiskey continue to grow, or if this is the peak of a trend.
My wife was dreaming of a big wedding. We were having trouble hashing out the particulars...and family members weren’t well. So....to the courthouse. (And the courthouse in a Navy town is really good with impromptu weddings...)
My wife was dreaming of a big wedding. We were having trouble hashing out the particulars...and family members weren’t well. So....to the courthouse. (And the courthouse in a Navy town is really good with impromptu weddings...)