The company says the move is supported by an investment from Vancouver-based Yellow Point Equity Partners.
"All employees are being given the chance to be owners as well as brewers, bottlers, and beer evangelists," the company said in a statement posted to its"Dedicated employees who have been with the company for three years will be eligible to become owners." Founder Matt Phillips will remain active in the company after 21 years of sole ownership, while the brewery’s employees take on "a substantial and growing stake in the brewery over the next few years," the company said.
The company says the decision to move to an employee-ownership model is "a recognition of the incredible passion and talent of the employees of the brewery."
All the restaurants in the CRD that tried this already went bust. phillipsbeer is my favourite. It will be depressing when their 'business model' collapses. Red Buck Ale is skunk beer. Stick with Blue Buck Ale and capitalism. Don't move this way.
Socialism doesn't work.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Malaysia Malaysia Latest News, Malaysia Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Health Canada authorizes import of children’s acetaminophen from Turkish pharma companyThe approval comes a month after Premier Danielle Smith and Health Minister Jason Copping announced a tentative deal with Atabay G7 country…. Right? Acetaminophen….! Hello…. TURKEY?... is this a fucking joke? Seriously WTF Trudeau!!! Ha ha! Now global North knocking at the door that they once labeled as authoritarian !
Source: globeandmail - 🏆 5. / 92 Read more »
Penticton, B.C. film company documents a local doctor’s work with alcoholism - Okanagan | Globalnews.caA Penticton doctor revolutionized how patients suffering from alcoholism should be treated. Now, a local film company has documented his work and shared his legacy with the world.
Source: GlobalNational - 🏆 81. / 51 Read more »
Health Canada authorizes import of children’s acetaminophen from Turkish company into AlbertaThe imports are part of the province’s plan to address shortages of youth pain medication amid a recent wave of respiratory infections. Why is there a shortage to begin with What does PAIN (nerve damaging opioids) have to do with RESPIRATORY issues? You do know the difference? “What is Acetaminophen and Codeine Phosphate (Tylenol with Codeine)? Acetaminophen and codeine (Tylenol® with Codeine Phosphate) is a combination medicine made up of codeine (an opioid medication) and acetaminophen (a non-opioid medication) and is used to relieve pain.”
Source: globeandmail - 🏆 5. / 92 Read more »
Nova Scotia aviation company offers stock options in a deal to tackle $115 million debt | SaltWireHalifax-based Chorus Aviation (TSX: CHR) has done a deal with Fairfax Financial Holdings (Fairfax) that will enable the airline company to reorganize its ...
Source: SaltWire Network - 🏆 45. / 63 Read more »