Is Craft Fatigue Setting in?

In our view, the modern resurgence of craft distillers has had three identifiable phases so far. The first wave was the early adopters that set up shop pre-2010. We think of this group as the romantics. They are often founders who had to cobble together the money for their first distillery--usually sans tasting room--and if they've survived this long, typically have nationwide recognition. Many of them are considering their exit plans.As is often the case, the second wave is the