Fair Market Value for a Craft Brewing Company

Anderson Economic Group (AEG) was retained by a craft beer brewing company to conduct a comprehensive analysis of their business operations. The purpose of the analysis was to identify the company’s current position in the market, identify potential growth opportunities, and calculate a fair market value for both the company’s product portfolio and for several […]

Impact of Alcoholic Beverage Reclassification

A non-profit group representing the alcoholic beverage industry retained Anderson Economic Group to analyze the impacts of reclassifying a subset of mixed spirit drinks (MSDs), including canned cocktails and cordials, from “spirits” to “wines” under a state’s Liquor Control Code. Such a reclassification would allow more retailers to sell these drinks and would reduce taxes […]

Michigan Cannabis Market Growth, Size

The Michigan Cannabis Manufacturers Association (MCMA) retained Anderson Economic Group to review the structure of Michigan’s cannabis market and determine the size of the cannabis market by segment, including licit and illicit. Cannabis is one of the nation’s fastest growing cash crops. In Michigan, medical cannabis has been legal for over a dozen years, and [...]

Blue smoke and seers: measuring latent demand for cannabis products in a partially criminalized market

Blue smoke and seers: measuring latent demand for cannabis products in a partially criminalized market Patrick L. Anderson Published online: 14 January 2020 © National Association for Business Economics 2020 Abstract Cannabis, otherwise known as hemp or marijuana, is one of the nation’s fastest growing cash crops. In the late 1990s, proponents of legalization began […]

Business strategy and firm location decisions: testing traditional and modern methods

This paper, written by Patrick L. Anderson for the January issue of the NABE’s Business Economics journal, is the recipient of a 2018 Edmund A. Mennis Contributed Paper Award. The work earned Mr. Anderson his third Mennis award for the nationally-recognized accuracy of its analysis in handicapping location bids for Amazon’s “HQ2.” Abstract For nearly […]

Anderson Economic Group Michigan Craft Beer Analysis

The experts at Anderson Economic Group have prepared an analysis on the craft beer industry in Michigan, including interactive visualizations. The analysis shows the explosive growth of the craft beer industry in Michigan over the past four years, where the production hot spots are, and sales for each brewery over a four-year time period. “As […]