Chasing The Unicorn

Your Quest For the Perfect Pour

August 28, 2026S02E124CHASING THE UNICORN

Is a Bottled Manhattan Beneath a Serious Rye Distillery?

← All episodes

August 28, 2026

Is a Bottled Manhattan Beneath a Serious Rye Distillery?

All episodes

Or subscribe where you already listen

New episode every weekday morning. The Cut Weekend lands Saturday and Sunday.

Read the full transcript

This is The Cut.

A Pittsburgh distillery called Wigle just bottled a Manhattan. Their own Pennsylvania rye, a sweet vermouth from the Finger Lakes built on fifty-three botanicals, mixed, bottled, sealed, thirty-four percent. It goes over ice and that is the whole job. Is a ready-made cocktail beneath a serious rye distillery, or the most honest thing on their shelf?

I'm John from Chasing the Unicorn Podcast. This is all out of this morning's brief. I've taken the three nobody agrees on.

The people who wince have a point about signalling. A distillery spends years telling you its rye is worth studying — the grain, the barrels, the proof — and then hands you something you don't have to think about at all. Ready-to-pour lives on a shelf next to hard seltzer and canned margaritas, and once your name is on that shelf, some of what you built gets spent. There is a reason most serious producers let somebody else make the mixer.

The people who shrug say look at what's actually in the bottle. This is Pennsylvania rye in a Manhattan, which is not a compromise — it's a restoration. The Manhattan was built on Pennsylvania and Maryland rye before Prohibition wiped both off the map, and the bourbon version most bars pour is the substitute, not the original. Making it correctly and selling it ready to go isn't dumbing anything down. It's doing the history and saving you the trip to find vermouth that hasn't been open since March.

I'm with the second group, and the vermouth is what decides it. Most people's Manhattan is bad, and it's bad for one boring reason: the vermouth in your cupboard oxidised weeks ago and nobody told you it was supposed to live in the fridge. A distillery bottling the drink at the moment both halves are fresh is solving a real problem, not lowering a standard. The snobbery here costs you a better drink.

Is a ready-made cocktail beneath a serious rye distillery, or the most honest thing on their shelf?

Comments, and be honest about the vermouth in your kitchen.

Second question. Buffalo Trace is taking a tasting tour on the road — Branson and Kansas City in October, then Dallas, Fort Worth and Denver. Reservation-only sessions, over an hour each, pouring Buffalo Trace, Eagle Rare ten year, Weller Antique one-oh-seven and Sazerac Rye. It costs nothing to attend. Does a distillery pouring allocated bottles for free in a hotel function room help you, or does it give the game away?

The help argument is obvious and I'd rather not be clever about it. Four bottles that people drive across state lines for, poured next to each other, by the people who made them, for nothing, in Missouri. If you don't live within reach of Kentucky you have probably never tasted Weller Antique and Eagle Rare in the same hour in your life, and comparison is the only way anybody learns anything about whiskey. That is a genuinely good thing and it costs a regular person nothing.

The other argument is what it reveals. These bottles are famous for being unobtainable. The story is that there simply isn't enough. And here is the distillery, opening cases of it, in a function room, to be poured out for anybody who books a slot. Nobody says this out loud, but you cannot simultaneously run a shortage and a free tasting tour. One of those two things is marketing, and it isn't the tour.

Both are true and they don't cancel. Go, obviously — it's free whiskey poured by people who know it. But go with your eyes open about what it tells you. Scarcity in this category is a decision somebody makes, revisits quarterly, and can suspend for a roadshow. That doesn't make the whiskey worse. It should change what you're willing to do to get a bottle of it.

Does a distillery pouring allocated bottles for free in a hotel function room help you, or does it give the game away?

One line in the comments. Would you go, and would it change what you'd pay to chase one afterwards?

Third question. Four Roses put out the second bottle in its Experimental Series — six, seven and eight year bourbon finished for a few months in barrels that previously held their own barrel-aged honey, made with a Kentucky bee company. Should a distillery sell its experiments at all, or should an experiment stay in the lab?

The case for selling them is that there is no lab. A whiskey experiment takes years and a warehouse; you cannot run it at bench scale and you cannot know if it worked without people drinking it. Four Roses is the most transparent producer in Kentucky about its recipes — ten of them, published, named — so an experimental line from them is closer to published research than to a stunt. Charging for it is how the research gets funded.

The case against is that the word is doing work nobody checks. Bourbon has legally defined terms — straight, bonded, single barrel — and every one of them means something specific. Experimental means nothing. There is no rule about what qualifies, no requirement to report a result, no obligation to ever mention it again if it doesn't work. It is a word that buys the benefit of the doubt for free.

Now, I could be wrong, and I'll make the case against myself. I've just argued that an undefined word is a warning sign, and the truth is I'd buy this one — because it's Four Roses, because the barrels came from their own honey program rather than a cask broker, and because the recipes are public. Which means I'm not really applying a rule. I'm extending credit to a producer I already trust, and calling it analysis.

Which lands on something we went through on Tuesday. Some words on a label are law and some are marketing, and they look identical in the same typeface. Blended is legally defined and tells you nothing about quality. Experimental isn't defined at all and tells you nothing either. The label is not lying to you. It's just answering a different question than the one you're asking.

Should a distillery sell its experiments at all, or should an experiment stay in the lab?

Comments — and tell me the last experimental bottle that actually earned the word.

There's a head-to-head sitting in the brief I didn't have room for: New Riff's sherry-finished malted rye against their own bottled-in-bond rye, same distillery, same grain, one variable changed — which is the cleanest way to learn what a finish actually does that I've seen all week. Everything I argued this morning is sourced in there alongside it. If one of these calls doesn't hold up, that's where you'd go and break it.

That's The Cut. Follow the show wherever you listen, so the next one finds you first. The full American Whiskey Industry Brief is free every morning at chasingtheunicornpodcast.com. I'm John Schuster. Thanks for joining me. Your unicorn is out there.

Wigle Whiskey bottled its own Pennsylvania rye alongside a fresh vermouth built on fifty-three botanicals, sealed and ready to pour over ice as a finished Manhattan. Today's Cut argues whether that's a serious distillery cutting corners on its own reputation, or the most honest bottle on the shelf — the fix for the one thing that ruins most people's home Manhattan: vermouth that oxidized weeks ago. From there it turns to Buffalo Trace's free reservation-only tasting tour through Missouri, Texas, and Colorado, asking whether pouring allocated bottles at no cost helps drinkers or gives away that scarcity is a decision the distillery can suspend whenever it wants. It closes on Four Roses' honey-barrel-finished Experimental Series and whether "experimental" on a label is real research or a word doing marketing's job. Listen to the full Cut for all three arguments.

Listen to today's episode and find us on Spotify and everywhere you listen at chasingtheunicornpodcast.com/episodes — next episode Monday morning.

The Cut Daily
The pulse of American whiskey: What moved — and why it matters.
Chasing the Unicorn Podcast Edition · A Drunken Unicorn Production
Report Date: August 28, 2026
Reporting Period: August 26, 2026 through August 28, 2026
Classification: Free Edition · Share with Attribution
Free Edition · The Cut Daily · Chasing the Unicorn Podcast · A Drunken Unicorn Production · Drunken Unicorn Productions, LLC. The Cut Daily is the free gateway brief to the American Whiskey Industry Brief. Share, quote, and repost freely with attribution. Required attribution: "The Cut Daily · August 28, 2026 · Chasing the Unicorn Podcast · A Drunken Unicorn Production." The full AWIB is published free every morning at chasingtheunicornpodcast.com. Permissions and inquiries: chasingtheunicornpodcast.com.

Informational and entertainment purposes only. Nothing here is investment advice. Verify before buying, trading, or bidding. We are not liable for errors or financial losses.
What Is The Cut Daily? — The Cut Daily is the free written brief from Chasing the Unicorn. Every weekday we translate the biggest moves in American whiskey into plain English, teach one bourbon concept you can use at the shelf today, flag one bottle under $60 worth knowing about, and curate three Hunt picks across three price tiers. Knowledge-first chase. No FOMO. Just what moved and why it matters.
The full American Whiskey Industry Brief — every story, every Hunt entry, every debate, every auction — is published free every morning. If you want the full pour, not just the taste, read it at chasingtheunicornpodcast.com/the-brief/.
The Cut Daily is the free written companion to today's American Whiskey Industry Brief.
IN TODAY'S CUT

Jack Daniel's just left the airport. Brown-Forman is taking its American Single Malt out of duty-free exclusivity and putting it on regular shelves nationwide for the first time — a $75 bottle betting a Big Four name can grow a whiskey category smaller distillers spent years building alone.

Jack Daniel's is putting real national shelf space behind American single malt for the first time, and bourbon forums are already split on whether that helps or hurts the category. That question is why today's edition leads with argument, not just news — it's Friday, and Friday is for debate. Elsewhere: New Riff's sherry-finished malted rye goes on sale this morning at 11, Michter's locks down a fourth straight industry crown, and Four Roses finishes a bourbon in leftover honey barrels.

THE BIG MOVE
New Riff's Sherry-Finished Malted Rye Hits Shelves This Morning — No Lottery Required
Event Date: 2026-08-28 (on sale 11:00 a.m. EST)

A six-year-old rye goes on sale this morning, and you don't need luck to get one. New Riff Distilling's Sherry Finish Malted Rye hits the gift shop, the website, and select national retailers at 11 a.m. Eastern today. The mash bill is 100% malted rye — a less common recipe than the standard rye most bottles use. After aging in New Riff's own barrels for at least six years, the whiskey finishes in two kinds of Spanish sherry cask: oloroso and Pedro Ximénez. No water gets added before bottling. It's barrel proof — 117.3 proof, 58.65% ABV. Price is $69.99. Here's the part that matters most for a first-timer trying to decide: this bottle already won. It took Double Gold and was a Best in Class finalist at the 2025 San Francisco World Spirits Competition — before today's release even happened. That's outside validation you don't have to take on faith. Malted rye plus dual-sherry finishing is still an unusual pairing in American whiskey. Most rye is unmalted, and most finishing programs use one cask type, not two. New Riff published the full cask chronology instead of keeping the finishing vague, which is rarer than it should be. Set an alarm. This is same-day, real access — the sale is live for hours, not a five-minute lottery window.

What It Means For Your Shelf — Nothing on your everyday shelf changes today. What's available is one more well-documented, competition-tested option if you're building out your rye collection this fall.
From today's AWIB Opening Pour. This is one of four lead stories in today's AWIB Opening Pour. The other three: Jack Daniel's American Single Malt going national; Michter's fourth straight World's Most Admired crown; Four Roses' honey-barrel Experimental Series No. 002. SUBJECT_TAG: New Riff Sherry Finish Malted Rye 2026 Read all four lead stories in The Brief →
Back to top story
FIRST SIP
Wheated vs. High-Rye vs. Traditional Mash Bills — How to Taste the Difference
Paired with today's: New Riff Sherry Finish Malted Rye — a 100% malted rye mash bill, on sale this morning

New Riff's new release is a good excuse to talk about mash bills, even though today's bottle is a rye, not a bourbon. The mash bill is the grain recipe that goes into the still, and it's the single biggest factor in how a whiskey tastes — bigger than age, bigger than proof. In bourbon, three families dominate: traditional (balanced corn, rye, and barley), high-rye (spicier, sharper — think Bulleit or Four Roses' Mash B), and wheated (softer, rounder — think Maker's Mark or Weller, where wheat replaces rye entirely). New Riff's rye pushes the idea further: it's 100% malted rye, meaning even the grain itself has gone through malting before distillation, a step usually reserved for barley. That's a third variable most drinkers never think about — malting changes how the grain ferments and what flavors survive into the final spirit. You can taste mash bill differences at home cheaply: grab a traditional bourbon, a high-rye, and a wheated bottle, and pour them side by side.

The Perfect Pour app — available now. Log today's New Riff pour in your Rickhouse and tag the mash bill — malted rye — so your Pour Print starts tracking which grain families you actually reach for. Build your Rickhouse →
Back to top story
TODAY'S ENTRY BOTTLE
New Riff Bottled-in-Bond Rye
$39.99 Widely stocked at liquor stores and online retailers nationally — New Riff's standard rye, not today's limited sherry-finish release.
Flavor Profile — Black pepper and baking spice up front, with dill, mint, and a grain-forward sweetness underneath — a drier, sharper finish than a bourbon at the same price.
Production Context — A traditional 95% rye, 5% malted barley mash bill, aged at least four years, bottled at exactly 100 proof under the federal Bottled-in-Bond rules — one distillery, one distilling season, no blending shortcuts.
Why This Matters — If today's sherry-finished malted rye caught your eye but $70 feels like a lot for a first try, this is the same distillery's standard rye — a cheaper way to learn what New Riff's house style tastes like before finishing gets layered on top.
Back to top story
THE CHASE
How to read the chase ratings
YESworth chasing
WATCHhold for now
PASSskip this one
Bottle 1 — Under $80
Angel's Envy Distillery Series — Imperial Stout & Amburana Finish
Window: Releases September 10, 2026; preview pour at the Kentucky Bourbon Festival, September 10-13
Where: Angel's Envy Distillery, Louisville, Kentucky (exclusive)
MSRP: $54.99 (375ml)
Flavor Profile — Imperial Stout barrels typically push roasted, coffee-and-dark-chocolate notes onto a bourbon base, while Amburana wood adds cinnamon and clove spice.
YES
Rationale — A 6-7 year bourbon base finished in two different woods at once — most of the run in Imperial Stout barrels, a smaller cut in Brazilian Amburana — bottled at 100 proof across roughly 18,000 bottles, a real run confined to one Louisville address.
Bottle 2 — $80 to $200
Michter's US*1 Toasted Barrel Finish Rye
Window: Ships September 2026
Where: Michter's Fort Nelson gift shop, Louisville, and select national retailers
MSRP: $120
Flavor Profile — Toasting instead of charring the second barrel preserves more raw wood sugar without the char layer's smoky bitterness, producing a rounder, dessert-leaning rye finish.
YES
Rationale — A barrel-strength rye re-matured in a second barrel that spends 24 months air-drying outdoors before toasting, averaging 109.1 proof — Michter's non-chill-filtered, small-run finishing series has a track record of selling out fast once it ships.
Bottle 3 — $200 and up
No new $200-plus release this window. Today's Hunt tops out around $135-per-quarter club dues, not a single bottle — we'd rather flag the quiet top tier than force a mismatch.
Today's AWIB Hunt section covers 5 active drops, lotteries, and walk-up windows with full palate direction, rationale, and the Hunt Intelligence Note. See the full Hunt in The Brief →
Back to top story
THE BAR TALK
Does Jack Daniel's Going National With Single Malt Help the Category — or Crowd It Out?

A whiskey style that spent years as an airport-only curiosity just got backed by one of the biggest names in American whiskey. Brown-Forman is taking Jack Daniel's American Single Malt nationwide for the first time, and bourbon forums split immediately. One side calls it real validation — a major distiller finally giving the category shelf space. The other worries a mass-market giant will crowd out the smaller producers who built it.

First Sip Moment —

American single malt only recently became its own federal whiskey category, separate from bourbon and Tennessee whiskey. This release straddles two lanes at once — 100% malted barley (the single malt requirement) run through the Lincoln County Process, the charcoal-mellowing step that defines every Jack Daniel's bottle no matter the grain.

The Math —

Brown-Forman confirmed the release is bottled at 45% ABV, aged in new American oak, finished in Oloroso Sherry casks, and priced at $75 per liter. Jack Daniel's core lineup — excluding RTDs and flavored variants — sold roughly 4.5 million cases in the U.S. last year, a distribution footprint no craft single malt maker can match.

What It Means For The Rest Of Us —

A Big Four name giving American single malt real shelf space grows the category — it doesn't erase the smaller producers who built it.

Today's AWIB Bar Talk has 2 more debates with full source citations, fact-checked positions, and editorial assessment. Read the full debates in The Brief →
Back to top story
SECONDARY SPOTLIGHT
William Larue Weller (2019 BTAC release)
Realized Price
$780
Peak Price
$1,650
Floor Erosion
↓ 52.7%
($1,650 − $780) ÷ $1,650 × 100 = 52.7% erosion
What Floor Erosion Means —

Floor erosion measures how far a bottle's secondary price has fallen from its all-time peak. A 52.7% drop means this bottle is now selling for less than half of what it commanded at its 2022 high. The 2019 Weller is correcting harder than older Weller vintages from before 2015, which are holding their prices much better. That gap is the real story — it suggests the drop isn't about the Weller name losing appeal, it's about which vintages actually have genuine production-era scarcity behind them.

The lesson: When a bottle's price run was built more on hype-era demand than hard supply limits, the correction tends to hit it harder and faster than bottles with real scarcity behind them.
Today's AWIB Secondary section grades 2 more bottles with realized prices, floor erosion math, lineage notes, and buy/hold/sell calls. Read the full secondary report in The Brief →
Back to top story
ALSO IN TODAY'S AWIB
Today's Flight: New Riff Sherry Finish Malted Rye vs. Woodinville Straight Rye Finished in Port Barrels — full comparison and verdict in the AWIB.
Today's AWIB Label Room covers Maker's Mark Cellar Aged 2026 — a 49/33/18 blend topping out with a 14-year component, the oldest bourbon Maker's Mark has ever bottled under its own name, on sale September 1.
Today's AWIB Rickhouse Report covers Michter's being named the World's Most Admired Whiskey for a fourth consecutive year by a 25-country trade panel, plus Suntory Global Spirits naming a new chief supply chain officer effective September 4.
Today's Full AWIB Includes (in reading order)
Bar Talk: 3 debates · The Hunt: 5 active drops · Label Room: 5 items · The Secondary: 3 graded bottles
Rickhouse Report: 5 stories · Regional Report: 3 stories
The full AWIB walks today's bourbon world in reader-forward order — the Opening Pour lead stories, the community Bar Talk, the side-by-side Flight comparison, every active Hunt window, the full Label Room pipeline, the Secondary market grading, and the industry-depth Rickhouse, Regional, and Research Notes coverage. Plus full source trail. Read the full Brief →
Back to top story
The Perfect Pour — available now.
Build your Rickhouse, log every pour in your Logbook, and learn your palate with your Pour Print — the app that turns every pour into your next discovery.
Founder’s rate: lock $99/year for life as a Bourbon Keeper (through July 3, 2027).

Want the full picture? The complete American Whiskey Industry Brief — every section, every source, every story — is published free every morning at chasingtheunicornpodcast.com. Read it at chasingtheunicornpodcast.com/the-brief/.

Read the Full Brief

Chasing a specific bottle? The Bourbon Release Calendar lists every lottery deadline, walk-up window and MSRP we're tracking — updated every morning.

Mentioned in this episode: Buffalo Trace, Eagle Rare, William Larue Weller, Four Roses, Michter's, Maker's Mark, New Riff, Angel's Envy, Sazerac, BTAC

About John Schuster II

John Schuster II is the host of Chasing the Unicorn Podcast and the editor and publisher of the American Whiskey Industry Brief. A retired U.S. Army Major who spent twenty-six years across the Navy and Army — and an Executive Bourbon Steward — he built a career on systems and on teaching, and now points both at American whiskey. The Cut is his daily take on what moved in bourbon and why it matters, made the way he makes everything: for someone, not everyone. More at momentfirst.com.

About Shauna Hann

Shauna Hann is the editor and a contributor across Chasing the Unicorn Podcast and the American Whiskey Industry Brief, and co-host of Beyond the Cut. A teacher of more than twenty years — including at West Point and across the U.S. Army — she brings historical depth and structural rigor to the work, and a gift for making complex things simple. More of her work is at shaunaonthego.com.