Did you catch it?
Our fearless CEO sat down with Neil Cavuto on Fox News on Saturday morning to discuss how the shutdown is affecting your favorite craft brewers.
Breweries have to submit labels and keg collars to the TTB — the Alcohol and Tobacco Tax and Trade Bureau, a bureau of the Department of the Treasury — for approval before they’re allowed to send them out into the world.
The Department of the Treasury was part of the government shutdown, and, as such, we could still submit labels, but they just sat there in Washington until they could get approved. There had previously been about a two-week turnaround, and, now that the government is reopened, there’s a 48-day backup at the TTB, so things that we submit now won’t even be glanced at until March.
When it comes down to it, we realize that this is a minor annoyance when compared to 800,000 people not receiving their paychecks. Luckily, we have enough approved beers in our portfolio that we could continue to produce, but we did have to make a few alterations to our plans.
Nonetheless, take a listen to what Ryan had to say.