Calgary Craft Brewery Closes Its Doors – Is Alberta’s Saturated Craft Beer Market to Blame?
Red Bison Brewery shuts its doors in Calgary’s Franklin neighbourhood just a year and a half after opening. Is this the beginning of the end for new craft breweries looking to enter the market?
By Clara Jaide on Aug. 26, 2019
Red Bison Brewery permanently closes after a year and a half of serving local brews
It has been a sad weekend for the Calgary craft beer scene! Red Bison Brewery permanently shut off its taps on Saturday, August 24, 2019, just a few months after announcing the sale of its property in July.
The brewery was founded by Steve and Veronica Carlton, a local Calgarian couple, who began their craft beer journey through homebrewing, and later went on to open Red Bison Brewery in Calgary’s Franklin Park community in March 2018. The brewery was a neighbour to many other local breweries, like Tool Shed Brewing, Common Crown Brewing, and Heathen’s Brewing.
Why did Red Bison Brewery shut down?
According to Steve Carlton, there was a shift in preference for beer drinkers from Beer Bombers (22oz or more) to Beer Cans (generally 12oz). While Red Bison prided themselves in providing their beers in bombers, they ultimately decided to try to rebrand and repackage their beers into cans, which is not an easy (or cheap) process. In order to do this, Red Bison tried to raise money to have labels changed, provide cans and have the beer repackaged.
Unfortunately, the amount of cash flow coming in couldn’t match up to the cash flow running out. “Our current investors were tapped out. Veronica and I put in as much money as we had plus more we didn’t have to try to keep going.” Carlton told Postmedia.
Image Cred: @thisthirstynomad
Is Alberta’s saturated craft beer market to blame?
In Carlton’s interview with Calgary Herald, he mentions the craft beer industry in Alberta growing rapidly and urges new brewers to avoid starting a craft brewery right now.
According to Mike McNeil, the executive director of the Alberta Small Brewers Association, Alberta currently has over 120 craft breweries and the scene continues to grow. Is this possibly the beginning of the end for new craft brewers looking to enter the market?
Read more about the closure of Red Bison Brewery on the Calgary Herald.
Do you believe that Alberta’s ever-growing craft beer industry will lead to the closure of more local craft breweries?
Tweet us & Tell us your thoughts!
Looking for more beer-related news and stories? Check out these articles you might like:
2018 Canadian Fall Beer Releases: A Guide and Directory
From East to West, North to South, we’ve compiled these lists of all the beers (and beer variety packs) released in each province in the months of September and October. Here’s to Canadian Craft Beer! #DrinkLocal
Craft Breweries are Producing Hand Sanitizer Amid COVID-19 Outbreak
Craft breweries around the world are banding together to produce hand sanitizers during the Coronavirus (COVID-19) pandemic.
Introducing The Miller Lite Cantroller: A Beer Can Video Game Controller
We never thought we’d see the day where you could use a beer can as a video game controller, yet here we are. MillerCoors has announced a “Cantroller” and it’s exactly what it seems. A beer can controller. It’s filled with Miller Lite, but also works as a game controller.
New Modern Liquor Laws in British Columbia: Here’s What You Need To Know
New and modern British Columbia liquor laws come into effect today, January 23, 2017. Here’s what you can expect to change about the booze scene in B.C., Canada.