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Ballast Point Brewing Sold To Constellation Brands For $1B

Erik Anderson, KPBS

Monday, November 16, 2015

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Vince Vasquez, who studies the local craft beer industry for the National University System Institute for Policy Research, said local brewers will have sales estimated at more than a billion dollars this year. Vasquez said local craft brewing is being noticed by savvy investors.
"This shows that it's a viable product. Its something that's a good investment and its something that we expect to see grow and develop in a way that brings more tourism business and sales tax revenue, more economic growth to the San Diego region," Vasquez said.