BrewDog's Fall: Craft Beer Slowdown & Tilray's Upside

0:00In Durham today, March 10th, craft breweries are facing tough times with more closing than opening for the second straight year. In 2025, the Brewers Association tracked 268 new openings before 34 closings. Bigger names like Brew Dog have hit hard bumps too. Earlier this year, Scottish brand Brew Dog entered administration in the United Kingdom, a process like bankruptcy to rescue or sell off assets. Cannabis and beverage company Tilray stepped into by key parts, including brewing operations, but not all US or Australian spots. This came after rapid global growth, fueled by beers like punk IPA. The fallout has been rough, with 38 pubs shutting the UK in Ireland, and now the Atlanta Brew pub closed suddenly, leaving customers. Surprised, over 200,000 shareholders from their crowdfunding scheme lost everything, while hundreds of workers got laid off. Unions are pointing fingers at past mismanagement and reckless expansion, saying employees are paying the price.

1:04Brew Dog's co-founder stepped down as CEO last year, amid pushes for profitability. Meanwhile, Tilray sees upside, expecting the deal to add $500 million in yearly revenue and boost their international reach. The craft beers slow down, ties the shifting tastes, higher cost from inflation and tariffs, plus fierce competition, but some say creative pivots could. Dave Survivors, the daily news now, is made possible with support from our sponsor. Your pillow just got smarter, a pleasure podcast and music, S-O-L-I, solely pillow.com.