
"21st Amendment Brewery will be winding down operations over the next two months at its San Leandro production facility, according to Brewbound Magazine. The co-founders tell the publication they plan to end operations completely by the first week of November. They also say that the brewery cannot get funding from their lender because of it's "cash bleed.""
"SAN LEANDRO, Calif. (KGO) -- A Bay Area brewery closing it's operations after more than two decades. Stating their sales have dropped by about 20% every year since 2021."
21st Amendment Brewery will wind down operations over the next two months at its San Leandro production facility. Co-founders plan to end operations completely by the first week of November. The brewery cannot obtain additional financing from its lender because of it's "cash bleed." Annual sales have declined by about 20% each year since 2021. The planned closure concludes more than two decades of brewing at the San Leandro site. The shutdown reflects ongoing financial pressures in the craft beer sector and broader post-pandemic market shifts that have weakened regional brewery revenues.
Read at ABC7 San Francisco
Unable to calculate read time
Collection
[
|
...
]