TIL World’s biggest beer, wine and spirits producers have collectively lost $830 billion in market value over just four years. Changing drinking habits and rising health concerns have hit earnings across the sector. Millennials and Gen Z are also not much interested in alcohol.
Hey, we think alike! That’s what I hear from my buddy out at the winery. Although, weed has been here a few decades, they’re used to it already. They don’t really care about it as much, they’ve even got an unofficial toking porch at the vineyard (don’t tell the POlice) the trade wars are killing them tho.