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Tag: underage drinking

Alcohol companies made an estimated $17.5 billion from underage drinkers in 2016, study says

FORT MYERS, Fla. / CNN — Alcohol companies made an estimated $17.5 billion in sales in the United States from underage drinkers in 2016, with the products of three companies — AB InBev, Molson Coors Beverage Co., and Diageo — accounting for nearly 45% of underage youth consumption, a new study found. “A study of this kind hasn’t been done in some 20 years, and it shows that the alcohol industry is making billions of dollars from the sale of alcohol to minors,” the author of the study, Pamela Trangenstein, an assistant professor at the Gillings School of Global...

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