Talk about the story that just won't die.
As I documented on May 4th, a casualty of Wicked Weed's acquisition news could have been their upcoming Funkatorium Invitational this July. It appears that this event is, indeed, dying. In the day after Wednesday's acquisition news, a slow trickle of breweries announced their intentions to withdraw from the Invitational, including South Carolina's Birds Fly South Ale Project. Later that Thursday the trickle of exiting breweries turned into a river, and word is over 50 breweries have pulled out of the event. Porch Drinking has a comprehensive list of breweries that have withdrawn.
By some people's estimations, only 13 legitimate craft breweries remain committed to (or at least haven't yet pulled out of) the event. There are a handful of additional breweries still committed, all of which are owned by larger corporations, including a couple of Wicked Weed's new ABI brothers. All told, just 19 of about 70 original breweries remain a part of the event. It is worth noting that Wicked Weed reiterated its commitment to the event on Thursday, but have not commented further after the wave of retractions.
More on this story as it develops.