The Brew Daddies

There is reason for cautious optimism for breweries amid the COVID-19 pandemic. Richard speaks with three guests about how the recent signing of the CARES Act will help breweries, how breweries and restaurants are quickly adapting to the new market, and what publishers are doing to help struggling breweries.The Brewers’ Association Looks to Build Upon the CARES ActBob Pease, President and CEO of the Brewers’ Association (BA) gives Richard his thoughts about how the CARES Act could help craft breweries during the coronavirus pandemic. He lists several potentially beneficial provisions of the CARES Act for BA members:SBA Emergency Loans could be enormously helpful in keeping businesses afloat;Employee Retention Tax Credit and Payroll Tax Delays could help maintain brewery employment and cash flow;$1,200 payments to most Americans could result in an increase in consumer purchases of craft beer; and Excise tax waiver on alcohol to make hand sanitizer could provide financial incentive for breweries to help assist