• bitcoinBitcoin(BTC)$80,975.004.17%
  • ethereumEthereum(ETH)$2,512.704.53%
  • tetherTether(USDT)$1.000.03%
  • binancecoinBNB(BNB)$723.604.06%
  • rippleXRP(XRP)$1.456.17%
  • usd-coinUSDC(USDC)$1.000.01%
  • solanaSolana(SOL)$103.833.08%
  • tronTRON(TRX)$0.3285530.65%
  • Figure HelocFigure Heloc(FIGR_HELOC)$1.031.92%
  • HyperliquidHyperliquid(HYPE)$85.844.48%
  • zcashZcash(ZEC)$955.6215.03%
  • dogecoinDogecoin(DOGE)$0.0869944.94%
  • RainRain(RAIN)$0.0170652.14%
  • USDSUSDS(USDS)$1.000.00%
  • moneroMonero(XMR)$509.66-0.73%
  • chainlinkChainlink(LINK)$11.886.11%
  • whitebitWhiteBIT Coin(WBT)$73.903.80%
  • leo-tokenLEO Token(LEO)$9.24-0.11%
  • cardanoCardano(ADA)$0.2214467.71%
  • stellarStellar(XLM)$0.1832333.45%
  • bitcoin-cashBitcoin Cash(BCH)$255.052.29%
  • daiDai(DAI)$1.000.00%
  • CantonCanton(CC)$0.1100930.65%
  • Ethena USDeEthena USDe(USDE)$1.000.02%
  • USD1USD1(USD1)$1.000.03%
  • litecoinLitecoin(LTC)$50.891.51%
  • uniswapUniswap(UNI)$6.3010.00%
  • the-open-networkGram (prev. Toncoin)(GRAM)$1.361.76%
  • hedera-hashgraphHedera(HBAR)$0.0779392.64%
  • Global DollarGlobal Dollar(USDG)$1.000.01%
  • avalanche-2Avalanche(AVAX)$7.472.55%
  • suiSui(SUI)$0.770.07%
  • shiba-inuShiba Inu(SHIB)$0.0000051.84%
  • paypal-usdPayPal USD(PYUSD)$1.000.00%
  • BlackRock USD Institutional Digital Liquidity FundBlackRock USD Institutional Digital Liquidity Fund(BUIDL)$1.000.00%
  • crypto-com-chainCronos(CRO)$0.0571804.16%
  • tether-goldTether Gold(XAUT)$4,458.420.93%
  • Circle USYCCircle USYC(USYC)$1.140.01%
  • nearNEAR Protocol(NEAR)$1.921.30%
  • Ripple USDRipple USD(RLUSD)$1.000.00%
  • MemeCoreMemeCore(M)$1.04-1.83%
  • okbOKB(OKB)$109.583.64%
  • Ondo US Dollar YieldOndo US Dollar Yield(USDY)$1.14-0.12%
  • BittensorBittensor(TAO)$228.183.27%
  • aaveAave(AAVE)$133.684.69%
  • AsterAster(ASTER)$0.72-0.65%
  • pax-goldPAX Gold(PAXG)$4,468.000.86%
  • mantleMantle(MNT)$0.571.56%
  • World Liberty FinancialWorld Liberty Financial(WLFI)$0.0583003.91%
  • OndoOndo(ONDO)$0.3602892.58%
TradePoint.io
  • Main
  • AI & Technology
  • Stock Charts
  • Market & News
  • Business
  • Finance Tips
  • Trade Tube
  • Blog
  • Shop
No Result
View All Result
TradePoint.io
No Result
View All Result

Virginia welcomes veteran-owned beer maker as fans blast Bud Light

July 10, 2023
in Business
Reading Time: 10 mins read
A A
Virginia welcomes veteran-owned beer maker as fans blast Bud Light
ShareShareShareShareShare

Virginia Gov. Glenn Youngkin is rolling out the red carpet for a military tribute beer manufactured by a veteran-owned brewer — and social media responded with cheers that the new brew “won’t go woke”.

Armed Forces Brewing Co. — which some saw as a bid to cash in on the woes of Bud Light, whose business has tanked following its ill-fated tie-up with Dylan Mulvaney — will set up its headquarters and its first brewing facility in Norfolk, the governor’s office announced on Friday.

YOU MAY ALSO LIKE

Elon Musk launches steering-wheel-free Tesla Cybercabs

Popular San Diego County brewing company closing after 15 years

“We are excited to open our flagship brewery and taproom in Norfolk, a great American city with a large population of veterans, active-duty military, and their families,” said Armed Forces Brewing Company CEO Alan Beal.

“Virginia is one of the best states to open a brewing business in.”

Beal said that Youngkin “called me and encouraged our team to take a close look at what Virginia has to offer, and we did.”


Armed Forces Brewing Company will set up its headquarters and its first brewing facility in Norfolk, Va., the office of Gov. Glenn Youngkin announced on Friday.
Instagram/Armed Forces Brewing Company

Armed Forces Brewing Company is a veteran-owned brewer that enables retired military personnel to invest in the firm with an ownership stake that costs as little as $200.
Armed Forces Brewing Company is a veteran-owned brewer that enables retired military personnel to invest in the firm with an ownership stake that costs as little as $200.
Armed Forces Brewing Company

“This is now our home base, and we’re committed to employing veterans and playing a vital part of the patriotic community in Norfolk,” the CEO said.

The headquarters and brewery is expected to employ around 50 people, according to the statement from the governor’s office.

According to the company web site, Armed Forces Brewing Company is jointly owned by some 7,800 investors who chipped in as little as $200 per share.

One of the owners of the company is Robert J. O’Neill, a Navy SEAL Team 6 member who was part of the crack unit that assassinated Osama Bin Laden.


Virginia Gov. Glenn Youngkin
Virginia Gov. Glenn Youngkin released a statement touting the arrival of the company to his state.
Getty Images

“We will continue to use every dollar invested to brew great beer and grow our brand, sales and distribution,” the company said on its web site.

Supporters on social media cheered the brand on and alluded to Bud Light.

“They’ll never go woke so they’ll never be broke,” one Instagram user wrote.

Another Instagram user wrote: “Down with light beer.”

Bud Light, meanwhile, has struggled to win back hearts and minds as evidence by lagging sales and scathing reaction to its social media posts.


The move comes as Bud Light is suffering a consumer backlash.
The move comes as Bud Light is suffering a consumer backlash.
Christopher Sadowski

Bud Light sales plunged 28.5% for the week ended July 1 — slightly worse than the 27.9% decline they suffered the previous week.

Bud Light’s woes once again appear to have “infected” its sister brands at Anheuser Busch, according to Bump Williams, whose eponymous consulting firm crunched the latest numbers from NielsenIQ.

The brand has also ignited scorn and derision from social media users online who blasted its latest commercial showing a picnic-goer devouring a watermelon.

Credit: Source link

ShareTweetSendSharePin

Related Posts

Elon Musk launches steering-wheel-free Tesla Cybercabs
Business

Elon Musk launches steering-wheel-free Tesla Cybercabs

September 3, 2026
Popular San Diego County brewing company closing after 15 years
Business

Popular San Diego County brewing company closing after 15 years

September 3, 2026
Marc Lore’s food delivery startup Wonder slashes 150 jobs as it invests in robotics
Business

Marc Lore’s food delivery startup Wonder slashes 150 jobs as it invests in robotics

September 3, 2026
Nike closes 11 stores across the US — including one in California
Business

Nike closes 11 stores across the US — including one in California

September 3, 2026
Next Post
Crude Trade Has Largely Been Chart Driven, U.S. Dollar Move

Crude Trade Has Largely Been Chart Driven, U.S. Dollar Move

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Search

No Result
View All Result
Identity and permissions aren’t enough to govern AI agent behavior

Identity and permissions aren’t enough to govern AI agent behavior

August 31, 2026
Trump rips into Abdul El-Sayed: ‘He’s full of s—‘

Trump rips into Abdul El-Sayed: ‘He’s full of s—‘

August 28, 2026
Romania takes extreme measures amid European heatwave

Romania takes extreme measures amid European heatwave

August 28, 2026

About

Learn more

Our Services

Legal

Privacy Policy

Terms of Use

Bloggers

Learn more

Article Links

Contact

Advertise

Ask us anything

©2020- TradePoint.io - All rights reserved!

Tradepoint.io, being just a publishing and technology platform, is not a registered broker-dealer or investment adviser. So we do not provide investment advice. Rather, brokerage services are provided to clients of Tradepoint.io by independent SEC-registered broker-dealers and members of FINRA/SIPC. Every form of investing carries some risk and past performance is not a guarantee of future results. “Tradepoint.io“, “Instant Investing” and “My Trading Tools” are registered trademarks of Apperbuild, LLC.

This website is operated by Apperbuild, LLC. We have no link to any brokerage firm and we do not provide investment advice. Every information and resource we provide is solely for the education of our readers. © 2020 Apperbuild, LLC. All rights reserved.

No Result
View All Result
  • Main
  • AI & Technology
  • Stock Charts
  • Market & News
  • Business
  • Finance Tips
  • Trade Tube
  • Blog
  • Shop

© 2023 - TradePoint.io - All Rights Reserved!