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TTB Listens to Wine Industry // Budget 2024: ‘Last ditch plea’ for alcohol duty cut

March 1, 2024 - Wine Industry Insight Daily News Feed

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“According to the Census Bureau, alcohol inventories were quickly drawn down in 2020 due to COVID. I expect wholesale alcohol inventories to improve in 2024, but not to normal levels. Until demand improves for your brand, conservative sales forecasts should be the norm for all wineries selling into grocery stores and restaurants.”

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