When B3 Beverage set out to reshape regional craft brewing, its ambition was backed by heavy hitters. Spearheaded by Joseph Feerrar (founder of Bald Birds Brewing), the platform sought to consolidate production, streamline contract brewing, and scale iconic brands like Heavy Seas, Two Roads Brewing, and Yards Brewing under a shared umbrella. It is worth noting that Brewbound reports both Heavy Seas and Two Roads have exited the platform. Furthermore Two Roads is seeking 18.5 million in damages against B3/ Bald Birds.
Fast forward to today, and the collective is grappling with the dark side of rapid expansion: a network of high-interest alternative financing deals now unspooling in New York state courts.
Public records filed in both the Monroe County Supreme Court (Parkview Advance LLC v. Bald Birds, B3 Beer Company, Yards Brewing, and Joseph Feerrar) and the Kings County Supreme Court in Brooklyn paint a detailed picture of the liquidity crisis facing B3 Beverage…