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Heritage Distilling overhauls business model
Yahoo Finance· 2025-10-24 19:16
US spirits producer Heritage Distilling Company is to close its tasting rooms and shift to contract production. In a statement yesterday (23 October), the company said its decision stems from a review addressing “shifting market dynamics” and “financial realities” in the beverage-alcohol industry. The closures, effective 31 December, are driven by a “challenging” tax and regulatory environment in Washington and Oregon, it added. Five retail tasting rooms in the states are set to be shuttered. Heritage ...