Ballast Point Brewery was started in San Diego in 1996. It is now the 17th largest brewery in the country. Constellation Brands, owners of Modelo, Corona, and others, purchased Ballast Point in 2015.In 2017 they opened a huge sour beer and barrel aging facility in San Diego that is closing. A brewpub in nearby Riverside County opened in 2016 is closing. It's just been announced that a large restaurant and brewery scheduled to be built in San Francisco near the new home of the Golden State Warriors basketball team will not be built after all.
Ballast Point appears to be retrenching as they say in corporate speak. It may also be that Constellation is changing priorities. One of those priorities is dumping lots of money into cannabis.
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