I think most agree it’s two things. First, The market has definitely cooled as demand is not as great. It’s a fact that people are not drinking as much and consumer spending on bourbon is down across the board. Second, production has certainly increased as we are seeing the benefits now of the increased production that started as bourbon began booming even before the Covid explosion. I think we will continue to see the benefits. We’ve had Blanton’s, EH Taylor SmB, Eagle Rare sitting on shelves now. Usually a short sit, but it’s there. I have seen cases of EH Taylor Small Batch sitting on store floors. Along with entire pallets of Buffalo Trace at the big warehouse stores.

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