Mixed spirit beverages, providing for distribution, retail sale, and tax

SB 268 defines a new category of "mixed spirit beverages," which are ready-to-drink liquor-based products containing up to seven percent alcohol by volume. The bill establishes a new licensing structure for the wholesale distribution and retail sale of these beverages, requiring them to be distributed through licensed wholesalers to licensed retailers for both on-premises and off-premises consumption, separate from state ABC stores. It also levies a new excise tax on these products. Additionally, the bill mandates that suppliers designate exclusive sales territories for each brand and enter into distribution agreements with wholesalers, outlining requirements for contract termination or nonrenewal. It also includes provisions for how these beverages must be displayed by retailers to prevent confusion with non-alcoholic drinks.