Ouch, this doesn’t sound good, sad to say. The Motley Fool is reporting that the Craft Brewers Alliance is out of cash. In a post entitled Who’s Broke Now?, they indicate that the combined corporation that includes Widmer, RedHook, Kona and Goose Island “had only $13,000 in cash in its last reported numbers” and on top of that is “$19 million in debt.” I hope there’s more too it than that, because those are not good numbers. Anheuser-Busch InBev still owns 35% of CBA, but it’s unclear if they’d bail them out or even if that would be desirable.
