This plum is too ripe!
– Sorry!
Take away the golden moonbeam.
Take away the tinsel sky.
What at night seems oh so scenic
May be cynic by and by.
– From “The Plum Is Ripe” and the musical The Fantasticks
Yesterday at CNNMoney Rob Sands of Constellation Brands explained why his company it not interested in taking a stake in any craft breweries — for instance, like Anheuser-Busch InBev buying Blue Point Brewing.
“Although the craft beer industry is growing very rapidly, it’s a very local business,” he said. “It’s not clear that these brands can be expanded beyond their locale.”
For Constellation, that’s a negative. For some of us, not so much.