Modern Times expects to be sold via "court-ordered receivership sale"

Everyone saw this coming

 

Yeah for sure. Unfortunate but hopefully potential new owners will keep things the same

 

Uuuuf! But not surprised.

 

Rapid expansion followed by Covid lockdowns in a state that doesn't give two sh!ts about businesses...terrible timing. Hope they pull through. It's a great stop when I visit SD.

 

This shit has to hurt.
What a year this already is.

But fuck what do these places that get greedy expect in a free Market. You have what? 8 locations at one point,go fuck yourselves. I hope it gets to a point where we only have LOCAL BREWRIES and none of that bullshit where a brewery expands cuz of hype or sales , but they are allowed to ship countrywide. Shipping restrictions are fuckin stupid.

 

But... but... but.... what about my trade bait?!

 

People use that shit as a bargaining chip too muxh. It needs to die

 

What exactly is bullshit about a brewery trying to expand to meet demand? That doesn't seem greedy at all. People ask for a service and you provide it to them... actually sounds pretty selfless when you say it that way.

 

You cant always get what you want.
Deal with it. Travel there. Ask your local to make someshit similar. Many many many ways to deal with "meeting demand"

 

By that logic, no breweries should ever distribute because you can either "just go there" or "deal with it"

 

Refer back to my post where i said "they should be allowed to ship all across the country" and again..shipping restrictions are bullshit.

 

He can make most anything he wants.

 

I want a brewery that just sticks to the core that got them where they are. I loved it when I could find fresh Blazing Worlds (original recipe), Fortunate Islands, and then whatever quarterly/seasonal beer they had. Modern Times was like that early on, then they starting tinkering and, more or less, become a high ABV Pastry Stout brewery - well, I can’t forget Fruitlands and their Cucumber Gose or whatever. Oh well. On to the next one.

 

There has been some 'promotion' in the past (and currently?) to "Drink Local".



I suppose there is a (significant?) portion of the craft beer consumer base who are locovores and it is important to them that the beer they purchase is from a "local brewery". But perhaps what defines a "local brewery" will vary depending on the beer drinker?

I will start a new thread, including a poll, to foster further discussion on the topic.

Cheers!

 

"Local" = walking distance.

And not the walking the new lazy bastards think...to me walking distance is 3-4 miles . It's also good for you.

 

And it has the benefit of working up a powerful thirst!



Cheers!

 

Modern times problem seems to have beenthat they overestimated demand and also seemed to over emphasize their top end luxury beers at the expense of good distribution of their core beers that built their brand.

Obviously, it's super easy for me to project that insight backwards from the outside. I'm not trying to critique the choices they made for their business, but ultimately they turned out to be bad ones. Covid didn't help, clearly, but it didn't cause this. They made aggressive and risky expansions fueled by large amounts of credit. And it didn't pencil out

 

But....they made some *exceptional* big dark beers. It's possible to excel in multiple styles. Having said that, they probably over-did the number of variations they pumped out at large volume. But the real bottom-line is they over-leveraged and over-expanded rather than focusing on their base SD tap-rooms (which are very cool places) and reasonable regional distribution.