Overview
- The San Francisco brewpub near Oracle Park, the San Leandro taproom, and the production facility are slated to close, with the SF brewpub possibly shutting sooner.
- Production will wind down through Nov. 4, which the company named as the planned final day of operations.
- Co-founder Nico Freccia said the lender cut off funding over a persistent “cash bleed” after roughly 20% annual sales declines since 2021.
- A recently announced shift to a new CEO and an operating-partner model fell apart last week when the financial backer withdrew.
- Management opened the San Leandro plant to contract canning in 2023 as costs rose and beer lost ground to seltzers and ready-to-drink cocktails, with U.S. brewery closures outpacing openings in 2024.