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New Riff Just Turned Eight Years Old — The Cut — S02E86

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Mentioned in this episode: Buffalo Trace, William Larue Weller, Wild Turkey, Heaven Hill, Four Roses, New Riff

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Feature: The Label Room Word count: 885

This is The Cut. American whiskey, daily.

New Riff just cleared federal paperwork for an eight-year Bottled-in-Bond — the first age statement in the brand’s history that can stand next to the legacy houses instead of arguing it shouldn’t have to. It ships to Kentucky and Ohio shelves by Friday. But that’s not the only label that moved paper this week, and one of the others is worth your attention too.

I’m John from Chasing the Unicorn Podcast. Here’s what moved today. July 21, 2026.

Let’s start with New Riff, because it’s the biggest single piece of news in the window. The distillery cleared TTB approval on July 17 for its first Bottled-in-Bond carrying a full eight-year age statement — a jump from the four-to-five-year range that’s defined the line since 2020. Co-founder Ken Lewis put it plainly: this is the first bottle where New Riff’s age can go head to head with Heaven Hill and Four Roses instead of leaning on transparency alone.

And that’s the part I want you to sit with. New Riff built its whole reputation on disclosure — published mash bills, published state of distillation, no mystery. For a decade, “young but honest” was the pitch. Now the distillate from 2014 has finally caught up in years, and the pitch changes. It’s bottled at the mandatory hundred proof, drawn from a single rickhouse floor, and the distillery says it’s limited but not allocated — no lottery, no per-account cap. If you’re in Kentucky or Ohio, this is a real bottle by Friday. Just a trip to the store.

Now, today’s Label Room. This is where a bottle gets its federal paperwork before it ever reaches a shelf — and this week, one filing stood out for a reason that has nothing to do with age.

Wild Turkey’s next Rare Breed Barrel Proof batch cleared approval at 118.6 proof. That’s nearly two full points above the last batch’s 116.8, and it’s the sharpest single-batch proof jump this label has seen in three years. Rare Breed doesn’t carry a fixed age statement — it’s blended to hit a flavor target, not a number — so a proof swing like this is really the only signal you get about what changed behind the scenes.

Here’s what changed. Wild Turkey just finished a capacity expansion at its Lawrenceburg facility, and master distiller Eddie Russell has said that expansion frees up barrel selection that used to be pinched by tighter production. Translation: they had more barrels to choose from, so they picked stronger ones. And the price didn’t move. Sixty dollars, same as it’s always been, for noticeably more whiskey in the glass.

That’s the kind of reveal I like — not a new label with a marketing story attached, but hard evidence that a company’s production decisions are already paying off for the person buying the bottle. Watch the next batch. If the proof keeps climbing, that confirms the expansion is durably changing how Wild Turkey selects barrels, not just a one-time pull from deeper in the warehouse.

So here’s what it is. Most bourbon gets chill filtered before bottling — cooled down and run through a filter that strips out oils and esters that would otherwise cloud the whiskey when it’s cold or on ice. It makes the bottle look clean on a shelf. The tradeoff is those oils carry some of the richest aromatic compounds in the whiskey. Skip that step, and you get haze in a cold pour — that’s not a flaw, that’s the whiskey working the way it’s supposed to.

The TTB just closed a loophole on this. As of this week, a bourbon can’t call itself non-chill filtered if any part of the batch was filtered at any stage — including partial filtration some brands were apparently blending in and labeling around. What this changes — cloudiness in your glass isn’t a problem anymore. After this ruling, it’s proof the label’s telling the truth.

While we’re talking about what’s worth chasing — North Carolina’s ABC just opened its William Larue Weller lottery today, and it’s a clean entry window running through July 27. This is one of the five annual Buffalo Trace Antique Collection releases, and it’s historically the strongest of the five on secondary — recent vintages have traded between fourteen hundred and sixteen fifty against a MSRP of $119.99. Free to enter, no purchase required until you win. If you’ve been sitting out lottery season because the odds usually feel hopeless, this is the one where the math actually favors showing up. Put your name in before Monday and forget about it.

So here’s the one thing to take from all of this. A distillery’s paperwork this week told you more than its marketing ever could — New Riff’s age statement, Wild Turkey’s proof jump, the non-chill-filtered ruling. None of that was a press release dressed up as news. It was documentation catching up to what these companies were already doing quietly. That’s usually the more reliable signal. Watch the filings, not the announcements, and you’ll see the next good bottle coming before anyone puts a bow on it.

That’s The Cut. 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.


The Written Briefing

The Cut Daily

The biggest bourbon news this window is a federal approval, not a corporate deal. New Riff Distilling just cleared TTB approval for its first Bottled-in-Bond carrying a full eight-year age statement, up from the four-to-five-year range that’s defined the line since 2020. Co-founder Ken Lewis calls it the first bottle where the age statement is actually competitive with the legacy Kentucky houses. It’s bottled at the mandatory 100 proof, drawn from a single rickhouse floor, and it’s limited but not allocated — no lottery, no per-account cap. It ships to Kentucky and Ohio retailers by Friday. Today’s brief also covers Texas’s new direct-shipping law for craft distilleries, a tightened federal rule on “non-chill filtered” labeling, and a fresh Buffalo Trace-family lottery window. Listen to the full Cut for what it means for your shelf.

Listen to today’s episode and find us on Spotify and everywhere you listen at chasingtheunicornpodcast.com/podcast.

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: July 21, 2026
Reporting Period: July 19, 2026 through July 21, 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 · July 21, 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

New Riff just turned eight years old. The Newport, Kentucky distillery cleared federal approval for its first 8-year Bottled-in-Bond, shipping to Kentucky and Ohio retailers by Friday — the first time its age statement can go toe-to-toe with the legacy houses.

The biggest bourbon news this window is a federal approval, not a corporate deal. New Riff just cleared TTB paperwork for its first 8-year Bottled-in-Bond, and it’s hitting shelves this week — unallocated, first-come, no lottery. That matters because it’s the first time this transparency-first distillery has had the age to match brands that have been doing this since before New Riff existed. Today’s edition also covers a Texas direct-shipping win for craft distilleries, a tightened federal rule on “non-chill filtered” labeling, and a fresh Buffalo Trace-family single barrel pick — plus the Chase, a Bar Talk debate on Texas’s new law, and a First Sip lesson on what “non-chill filtered” actually means.

THE BIG MOVE
New Riff’s First 8-Year Bottled-in-Bond Clears Federal Approval, Ships This Week
Event Date: 2026-07-21

New Riff just hit a milestone it couldn’t have hit at launch. The Newport, Kentucky distillery cleared federal approval on July 17 for its first Bottled-in-Bond carrying a full eight-year age statement — a jump from the four-to-five-year range that’s defined the line since 2020. Co-founder Ken Lewis called it the first bottle where the age statement is actually competitive with the legacy Kentucky houses. That’s a real shift. New Riff built its reputation on transparency — published mash bills, published state of distillation — not on age. Now it has both. The release is bottled at the mandatory 100 proof, drawn from a single rickhouse floor, and the distillery says it’s limited but not allocated — no lottery, no per-account cap. It ships to Kentucky and Ohio retailers by Friday. Industry watchers are calling this the moment the 2014-15 wave of craft distilleries proves it’s old enough to compete on age, not just honesty. For a decade, “young but transparent” was the pitch. Now there’s an age statement to back it up.

What It Means For Your Shelf — If you’re in Kentucky or Ohio, this is a real, buyable bottle by Friday — no lottery required, just a trip to the store.
From today’s AWIB Opening Pour. This is one of four lead stories in today’s AWIB Opening Pour. The other three: Texas clears a direct-to-consumer shipping bill for craft distilleries; TTB tightens what “non-chill filtered” can legally mean on a label; Woodford Reserve clears COLA for Batch Proof No. 5, its first release under new Master Distiller Elizabeth McCall. Read all four lead stories in The Brief →
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FIRST SIP
Non-Chill Filtered
Paired with today’s: TTB’s new guidance tightening “non-chill filtered” label claims (today’s Opening Pour)

Today’s TTB news is about a phrase you’ve probably seen on a label without knowing what it actually promises. Most bourbon goes through chill filtration before bottling — the whiskey is cooled to near-freezing and filtered to strip out certain oils and esters that can make it look cloudy when it’s cold or on ice. That makes the bottle look clean on a shelf. The trade-off is flavor: those oils carry some of the richest aromatic compounds in the whiskey. “Non-chill filtered” means the distillery skipped that step. You might see haze in a cold pour — that’s not a flaw, that’s the whiskey working. The TTB just ruled that a bourbon can’t call itself non-chill filtered if any part of the batch was filtered at any stage, closing a loophole some brands were reportedly using. New Riff, whose 8-year BiB is today’s Big Move, has built its whole reputation on exactly this kind of production transparency. What this changes: Cloudiness in your cold-pour bourbon isn’t a problem — it’s information. And after today’s ruling, the words “non-chill filtered” on a label mean more than they used to.

The Perfect Pour app — available now. Log a non-chill filtered pour in your Logbook and see how the haze and the mouthfeel show up differently in your Pour Print compared to a standard-filtered bottle. Build your Rickhouse →
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TODAY’S ENTRY BOTTLE
Buffalo Trace Weekly Single Barrel Walk-Up
$54.99 Available daily, July 21-27, 9am-4pm, at the Buffalo Trace Distillery Gift Shop in Frankfort, Kentucky — no purchase limit disclosed.
Flavor Profile — Cherry and brown sugar up front, with a moderate oak finish typical of the distillery’s wheated mash bill. Easy to drink neat, forgiving for a newer palate.
Production Context — A genuine distillery-selected single barrel rather than a standard-batch release, drawn from Buffalo Trace’s own rotating walk-up program. No lottery, no allocation — first come, first served at the gift shop counter.
Why This Matters — It’s a real single barrel at a value-tier price, with zero access barriers — a rare combination and a good way to taste barrel-to-barrel variation without spending allocated-tier money.
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THE CHASE
How to read the chase ratings
YESworth chasing
WATCHhold for now
PASSskip this one
Bottle 1 — Under $80
E.H. Taylor Jr. Single Barrel Bottled-in-Bond
Window: Pre-allocation opens July 21, closes July 26, 2026, 11:59pm ET
Where: Seelbach’s online pre-allocation portal
MSRP: $79.99
Flavor Profile — Brown butter, toasted pecan, and a dry oak finish consistent with the brand’s Warehouse C rickhouse profile.
YES
Rationale — A 100-proof, single-barrel BiB with a defined signup window instead of a walk-in scramble — a clean, theme-fitting pickup for this Tuesday’s regulatory-and-releases window.
Bottle 2 — $80 to $200
William Larue Weller 2026 — North Carolina ABC Lottery
Window: Entry opens July 21, 9am ET; closes July 27, 2026, 11:59pm ET
Where: North Carolina ABC online lottery portal
MSRP: $119.99
Flavor Profile — Dense caramel, baked apple, and a long, warming vanilla finish typical of the wheated Antique Collection release.
YES
Rationale — A fresh, free-entry BTAC lottery window just opened today, with secondary comps running $1,400-$1,650 against a $119.99 ticket — the best odds-to-reward math in this window’s Hunt.
Bottle 3 — $200 and up
No confirmed $200-plus release cleared this window. Sometimes the high end is quiet, and that’s fine — we’d rather say so than pad the list with a bottle you saw yesterday.
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 →
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THE BAR TALK
Is Texas’s New Shipping Law a Real Win, or Too Small to Matter?

Texas just passed a bill letting craft distilleries ship up to two cases a year straight to customers’ homes, closing a gap that’s forced small producers to route even local sales through out-of-state distributors. The community argument is whether a two-case annual cap is a genuine win or too modest to change much.

First Sip Moment —

This whole debate runs on the three-tier system — the Prohibition-era rule that splits alcohol sales into producer, distributor, and retailer, and normally forbids a distillery from selling straight to you. Direct-shipping laws like this one are narrow, state-by-state carve-outs into that system, not a repeal of it.

The Math —

The Texas Legislature passed HB 2114 on July 16, allowing licensed distilleries to ship up to two cases per customer per year to in-state addresses, mirroring rights Texas wineries got in 2021. Garrison Brothers co-founder Dan Garrison said it finally lets the distillery sell to the person standing in its own tasting room. The governor is expected to sign before an August 1 deadline, with the law taking effect September 1.

What It Means For The Rest Of Us —

The cap is modest, but it’s real revenue for distillers three hours from a city — small doesn’t mean pointless.

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 →
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SECONDARY SPOTLIGHT
Elijah Craig 18-Year (2024 Release)
Realized Price
$145
Peak Price
$210
Floor Erosion
↓ 31.0%
($210 − $145) ÷ $210 × 100 = 31.0% erosion
What Floor Erosion Means —

Floor erosion is how far a bottle’s resale value has dropped from its all-time high. This 2024 release peaked at $210 back in November 2024 and now trades around $145 — a 31% drop. The timing lines up with today’s news: Heaven Hill just confirmed its fall 2026 batch carries the same clean, unblended 18-year age statement, which tells collectors supply confidence is intact and the scarcity premium on the older batch isn’t holding.

The lesson: When a distillery confirms more of the same quality is coming, the market stops paying a premium for what’s already on the shelf.
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 →
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ALSO IN TODAY’S AWIB
Today’s Flight: New Riff 8 Year Bottled-in-Bond vs. Heaven Hill Bottled-in-Bond 7-Year — full comparison and verdict in the AWIB.
Today’s AWIB Label Room covers Wild Turkey Rare Breed Barrel Proof jumping to 118.6 proof at an unchanged $59.99 price, and Wilderness Trail’s first-ever wheated Bottled-in-Bond filing.
Today’s AWIB Rickhouse Report covers the TTB’s newly finalized “Distilled In” disclosure rule, which will force label redesigns across dozens of sourced-whiskey brands before an October 1 deadline.
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 →
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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.

About John F. Schuster II

John F. 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.

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