As we’ve reported on previously, the American whiskey industry is facing some tough times. Younger people are drinking less, major drinks companies are reporting a decrease in revenue and laying off employees, and the continued unpredictability of the Trump administration’s tariff policy has created a sense of disarray. The latest victim of this challenging environment is craft distillery Westward Whiskey, which announced it was filing for Chapter 11 bankruptcy.
This comes after the news that Diageo was pulling out of the accelerator program Distill Ventures, which invested in the Portland, Ore. American single malt distillery back in 2018 (Stauning, another distillery located in Denmark that was supported by Distill…
