Chasing The Unicorn

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June 21, 2026CHASING THE UNICORN

SE02E50 — That Label Is a Production Record

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June 21, 2026

SE02E50 — That Label Is a Production Record

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This is The Cut.

Pick up a store-pick bottle and you're holding more information than most buyers know to look for. The same label that gets walked past for the standard release tells you the actual proof from a specific barrel, who made the selection, and how many bottles like this one exist. That difference is worth knowing before you set it back on the shelf.

I'm John from Chasing the Unicorn Podcast.

Here's where we want to end up: thirty seconds at the shelf, label in hand, a confident call on whether the store-pick is the better buy or the standard release is.

Here's what makes it tricky. The useful information isn't on the front. The brand name dominates. The small print — proof, barrel number, who selected it — is on the side label or the back, and most first-time buyers never find it.

Here's the move. Find the line that says "Selected by " or "Single Barrel Selection for ." Check the proof. If the pick runs higher than the standard release and the price difference is $15 or less, buy the pick. The single-barrel character comes essentially for free.

Here's why that move holds up. A store-pick is a single barrel a retailer's buyer pulled from a distillery's barrel program — Heaven Hill, Buffalo Trace, Four Roses, Wild Turkey all run these. The buyer tasted four to eight barrels, chose one, and this bottle is the only retail expression of that specific cask. When it sells through, there's no ordering more. The proof on the label is the actual proof of that barrel, not the distillery's batched-down number. A Heaven Hill private barrel might arrive at 120 proof while Elijah Craig Small Batch sits at 94. Same distillery, same recipe, dramatically different glass. The barrel number is the production record for the 120 to 240 bottles from this one cask. Some programs — Four Roses, Buffalo Trace, Wild Turkey — also print warehouse location or rick position. That detail is how serious buyers track which retailers select well over time. Accounts like Binny's, Seelbach's, and Westport Whiskey & Wine in Louisville carry community-documented track records across releases. A first pick from an unfamiliar retailer carries no comparable signal. Treat it as an audition.

The Chase this window. The Spotlight is Michter's US★1 Toasted Barrel Finish 2026. The Fort Nelson distillery walk-up in Louisville runs July 11 through 13 — no reservation required. At $89.99, you're getting caramelized wood sugar, vanilla, and toffee from the toasted barrel process rather than the fruit-forward port or sherry profile you'd expect from a finished bourbon. The 2026 vintage clears at 91.4 proof, the lowest in five cycles, which means the toasted-oak integration sits lighter and more accessible than prior editions. The 2025 vintage scored 90 from Whisky Advocate. Three-tier retail after the walk-up allocates two to three bottles per account in most markets. If you're not in Louisville those three days, you're in line for a lottery that rarely lands. Mark the calendar now. Worth the chase.

Also in the window: Old Fitzgerald Bottled-in-Bond Fall 2026 at $79.99 — pre-allocation open now through early July, Heaven Hill's wheated mash bill at an 11-year stated age with a federal production guarantee. And Angel's Envy Cask Strength Port Finish 2026 at $249.99 — the 2026 vintage hits 123.6 proof, the highest in the program's history, and the port integration question at that proof is worth waiting on first reviews to answer before committing. Full read on all three is in today's Cut Daily on our website. Free.

A word of caution. A higher proof at a small premium is a real signal — but the reliability of that signal depends on who did the selecting. A first barrel from an unfamiliar account is still an unknown. The rule: the price of being wrong matters as much as the odds of being right. Know the retailer before you pay the premium.

One more thing before we close — today's American Whiskey Industry Brief runs a full side-by-side on the Buffalo Trace versus Eagle Rare 10 Flight. Same distillery, same mash bill, same proof, a decade of maturation apart. The verdict is in there.

That's The Cut. The full American Whiskey Industry Brief is at patreon.com/ChasingTheUnicornPodcast. I'm John Schuster. Thanks for joining me. Your unicorn is out there.

Sunday's Cut opens with the most underexplained label in the liquor store on Father's Day. The store-pick bottle most first-time buyers walk past carries more information than the standard release — if you know where to look for it. "Selected by [store name]" in small print means a single barrel a retailer chose directly from the distillery's barrel program. The proof on that label is the actual proof of that specific barrel. A Heaven Hill private barrel pick might arrive at 120 proof while Elijah Craig Small Batch sits at 94 — same distillery, same fundamental recipe, dramatically different glass. The barrel number on the back identifies the 120 to 240 bottles from this one cask. When they sell through, there is no ordering more. Accounts like Binny's, Seelbach's, and Westport Whiskey & Wine in Louisville carry documented track records of strong barrel selections — a first pick from an unfamiliar retailer is an audition. Today's Cut Spotlight is Michter's US★1 Toasted Barrel Finish 2026 — Fort Nelson walk-up in Louisville runs July 11 through 13 with no reservation required. Three-tier retail after the walk-up allocates two to three bottles per account in most markets. Listen to the full Cut and read today's brief at chasingtheunicornpodcast.com. Full AWIB at patreon.com/ChasingTheUnicornPodcast.

The Cut podcast runs Monday through Friday — catch tomorrow's episode on Spotify and everywhere you listen at chasingtheunicornpodcast.com/episodes.

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: June 21, 2026
Reporting Period: June 19, 2026 through June 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 · June 21, 2026 · Chasing the Unicorn Podcast · A Drunken Unicorn Production." The full AWIB is a paid subscriber edition on Patreon. 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 daily for subscribers on Patreon. If you want the full pour, not just the taste, join us at patreon.com/ChasingTheUnicornPodcast.
The Cut Daily is the free written companion to today's American Whiskey Industry Brief.
IN TODAY'S CUT

That label is a production record. The "Selected by [store]" notation tells you the actual proof, the specific barrel, and who stood in a Kentucky warehouse making the call. Here is how to read it in thirty seconds.

Father's Day Sunday is one of bourbon's highest-concentration new-to-category moments — and the most under-explained object in any liquor store today is the store-pick bottle most first-time buyers walk past on their way to the regular release. Today's edition covers what a store-pick label is legally required to tell you, what the Michter's Fort Nelson walk-up window in July means for buyers who missed the pre-allocation calendar, why William Larue Weller holds its secondary floor while Eagle Rare 17 keeps compressing, and whether the bourbon community's "start soft and wheated" beginner recommendation still makes sense when Maker's Mark costs $38.

THE BIG MOVE
The Store-Pick Label in Your Hand Right Now Is Telling You Four Things — Here Is How to Read All of Them
Event Date: June 21, 2026 — Father's Day Sunday; active retail and Bourbon Trail access window

A store-pick bottle is the most information-dense label in the liquor store. Most buyers miss it because the useful data is not on the front.

Here is what the label is actually telling you. "Single Barrel Selection for [Store Name]" or "Selected by [Store Name]" in small print means a retailer's buyer went to the distillery, tasted four to eight barrels, picked one, and this bottle came from only that barrel. Not the batched regular release. This specific barrel.

The proof on a store-pick is the actual proof of that single barrel — not the distillery's standard batched-down number. A Heaven Hill private barrel pick might arrive at 120 proof while Elijah Craig Small Batch sits at 94. Same distillery, same fundamental recipe, dramatically different drinking experience. Checking the proof against the standard release is the first move.

The barrel number on the back label is the production record for the 120 to 240 bottles that exist from this one cask. When they sell through, there is no ordering more. Some programs — Four Roses, Buffalo Trace, Wild Turkey — also print the warehouse location, rick position, or barrel entry date. That information is not decoration. It is how serious buyers track which accounts select well.

The shelf decision is simpler than it looks. If the store-pick is within $10 to $15 of the regular release and the proof is higher, the pick is almost always the better value — single-barrel character and additional proof for effectively no premium. If the pick commands a $20-plus price difference, the relevant question is whether this retailer has a track record. Established programs at Binny's, Seelbach's, Total Wine, and Westport Whiskey & Wine in Louisville carry community reputations for above-average selections. A generic grocery chain pick carries no comparable track record.

Treat the first bottle from an unfamiliar account as an audition. If the barrel is exceptional, note the store name — you have just found a buyer worth following.

What It Means For Your Shelf — Find "Selected by [store name]" on any bottle you're holding today. Compare the proof to the regular release. If the pick runs higher at a $15-or-less premium, buy the pick — the single-barrel character comes essentially for free.
From today's AWIB Opening Pour. This is one of four lead stories in today's AWIB Opening Pour. The other three: the field guide for the person who just received their first real bourbon bottle this morning and is not sure where to start; Wilderness Trail's TTB-cleared six-year stated-age commitment on its 2026 Cask Strength at 114.6 proof and what a stated age on any bourbon label is legally required to guarantee; the three-bottle comparison path under $155 that builds a working bourbon vocabulary in one Father's Day evening. Read all four lead stories on Patreon →
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FIRST SIP
Store Pick / Private Barrel Programs
Paired with today's: Today's Big Move — the Father's Day store-pick field report — is the direct editorial anchor. The Big Move covers what to do with the label; this section explains the mechanism behind it.

A "store pick" is a single barrel a retailer hand-selected from a distillery's barrel program. Buffalo Trace, Heaven Hill, Four Roses, Knob Creek, Russell's Reserve, Wild Turkey, and Maker's Mark all run these programs. The retailer's buyer goes to the distillery, tastes four to eight barrels, picks one, and that barrel becomes "the Binny's barrel" or "the Total Wine barrel" — bottled and shipped exclusively to that account.

The bottle on the shelf looks almost identical to the regular release. The difference is a small label addition — "Selected by Binny's" or "Single Barrel Selection for Total Wine #1" — and the proof, which on a barrel-strength pick is the actual proof of that specific barrel rather than the distillery's batched-down standard.

Some store picks are dramatically better than the regular release. Some are slightly worse. The buyer's palate matters. Accounts known for strong barrel selections — Binny's, Seelbach's, Total Wine, Liquor Barn, Westport Whiskey & Wine in Louisville — have track records the community can trace across releases. A retailer selecting their first barrel from a given distillery has no comparable signal.

When you see a store pick at the same price as the regular release, you are often getting more proof, more single-barrel character, or both. That difference is the whole point of the program.

What this changes: Check the proof on every store pick you encounter. If it runs higher than the regular release at roughly the same price, the single-barrel character comes effectively for free.

The Perfect Pour app — beta open now, launches July 4. For the full deep-dive on store picks and private barrel programs — how the barrel selection process works inside a distillery, why some retailer programs consistently outperform others, and what the DSP number on the back label tells you about where the pick actually came from — get notified when the Perfect Pour app launches. Take your seat in the beta →
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TODAY'S ENTRY BOTTLE
Old Forester 100 Proof Kentucky Straight Bourbon Whiskey
$25–$30 National standard distribution — consistently stocked at major retailers, independent liquor stores, and grocery-affiliated spirits sections nationwide without lottery, allocation, or wait list; Brown-Forman's Old Forester distribution footprint makes this one of the most reliably available traditional-mash-bill bourbons at this price tier
Flavor Profile — Caramel and vanilla upfront, produced by Brown-Forman's proprietary Old Forester yeast and the distillery's Brown's Own Cooperage program that ages its own white oak staves before barrel assembly; the palate delivers baking spice, dried cherry, and a warmth that sustains through a medium-length finish — the 100-proof bottling adds noticeable presence and finish length over the standard 86-proof version at a price that rarely exceeds $30
Production Context — Traditional high-rye mash bill distilled on Whiskey Row in Louisville, Kentucky, using Brown-Forman's vertically integrated cooperage supply chain — one of the only major American bourbon producers that harvests, kilns, and assembles its own white oak barrels from stave to finished cask; 100 proof puts this expression squarely in the Bottled-in-Bond proof range without carrying the BiB production constraints
Why This Matters — Old Forester 100 Proof is the clearest entry point into a traditional high-rye mash bill at 100 proof under $30 — pairing it with a wheated expression like Larceny from today's Bar Talk debate shows the mash-bill contrast that makes bourbon's flavor families legible in a single evening
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THE CHASE
How to read the chase ratings
YESworth chasing
WATCHhold for now
PASSskip this one
Bottle 1 — Under $80
Old Fitzgerald Bottled-in-Bond Fall 2026 — Heaven Hill / Bernheim Distillery, Bardstown KY
Window: Pre-allocation open now through early July 2026; no hard close announced — confirm with your participating retailer for their specific deadline
Where: Heaven Hill pre-allocation accounts; Total Wine, Seelbach's, and regional Heaven Hill distributor-aligned specialty retailers accepting pre-orders in most major markets
MSRP: $79.99
Flavor Profile — Heaven Hill's wheated mash bill at a minimum 11-year stated age BiB; expect soft caramel, dried apricot, and almond on the nose, with vanilla and bread-crust sweetness through the mid-palate and a warm finish with moderate length — the BiB 100-proof delivery adds structure without overwhelming the wheated family's characteristic roundness
YES
Rationale — At $79.99, Old Fitzgerald BiB is the most affordable long-aged wheated BiB in the current pre-allocation tier — a federal production guarantee (single distillery, single season, four-year minimum, 100 proof) at an 11-year stated age. The fall three-tier allocation typically runs thin at most accounts; pre-allocation locks MSRP access before the distribution math works against you.
Bottle 2 — $80 to $200
Michter's US★1 Toasted Barrel Finish 2026 — Michter's Distillery, Louisville KY (Fort Nelson)
Window: Fort Nelson distillery walk-up July 11–13, 2026; no reservation required; three-tier retail distribution follows walk-up by approximately 4–8 weeks
Where: Fort Nelson distillery store, 801 W. Main Street, Louisville, KY — walk-in access during posted hours July 11–13; three-tier retail expected August–September 2026
MSRP: $89.99
Flavor Profile — Secondary toasted white oak character layered over a developed base bourbon — caramelized wood sugar, vanilla, and toffee from the toasting process rather than the conventional fruit-forward port or sherry profile; the 91.4 proof of the 2026 vintage is the lowest clearance in five cycles, positioning this release for lighter integration and a more accessible mid-palate entry than prior higher-proof editions
YES
Rationale — The Fort Nelson walk-up July 11–13 — confirmed this morning with no reservation requirement — is the highest-probability MSRP access path. Three-tier distribution allocates two to three bottles per account in most markets; if you are not in Louisville on those three days, you are in line at retail for a lottery that rarely lands. Whisky Advocate scored the 2025 vintage at 90 points. Mark the calendar now.
Bottle 3 — $200 and up
Angel's Envy Cask Strength Port Finish 2026 — Angel's Envy Finishing Room Distillery, Louisville KY
Window: Specialty retailer allocation notifications active now; Angel's Envy Louisville Finishing Room distillery store carries walk-up quantities during regular visitor hours
Where: Specialty spirits retailers with Angel's Envy allocation relationships; Louisville Finishing Room for walk-up access without advance booking
MSRP: $249.99 (consistent with 2025 vintage MSRP)
Flavor Profile — Two-stage architecture — primary Kentucky bourbon aging in new charred oak followed by secondary finishing in ruby port pipes; expect dried dark fruit (plum, black cherry), caramel, and port-forward sweetness on the nose, with vanilla and baking spice from the base bourbon working through the mid-palate; the 2026 vintage's 123.6 proof is the highest in the program's seven-year history — a 4.4-proof escalation from the 2025 edition's 119.2
WATCH
Rationale — The 2025 vintage at 119.2 proof scored 94 points from Whisky Advocate — the program's best. The 2026 question is whether port-finish integration holds at 123.6 or whether the additional proof tips the finishing architecture past its ceiling. That is the first-review question to wait on before committing. If integration holds, this becomes a clear buy at MSRP against a 2025 secondary floor of $380–$430.
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 on Patreon →
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THE BAR TALK
Is "Start With Something Soft and Wheated" Still Sound Beginner Advice — or Has the Price Tag Broken the Recommendation?

The debate is about the most-repeated beginner recommendation in the bourbon category: start with something wheated — softer, rounder, easier on a new palate — and build from there. The canonical delivery vehicle for that recommendation has been Maker's Mark for over a decade. The problem is the price. At $36 to $40 at most retail accounts in mid-2026, Maker's Mark now sits in the same tier as bottles that teach more. Whether the recommendation needs updating, or just the specific bottle, is what r/bourbon and StraightBourbon.com are working through right now — 412 upvotes and 187 comments worth of working through.

First Sip Moment —

The wheated-first recommendation is about mash bill, not brand. Wheat replaces rye as the secondary grain in a wheated bourbon — and because rye is what produces the spice signature (black pepper, cinnamon, sharp finish) that can startle a new palate, its absence makes the bourbon rounder and easier to enter on. The wheated mash bill is not easier in the sense of being lesser — Pappy Van Winkle and the entire Weller family are wheated. The recommendation works because it removes one variable (rye spice) while a new drinker calibrates to alcohol and oak. The 2026 question is not whether wheated-first is the right framework. It is whether Maker's Mark at $38 is still the right bottle to deliver it.

The Math —

Maker's Mark's national average retail price has moved from approximately $28–$30 in 2022 to $36–$40 at most major retail accounts in mid-2026 — a per-bottle increase of roughly $8 to $10 in four years. Wild Turkey 101 has held at $24–$28 over the same period. Larceny sits at approximately $32 at most accounts and delivers the same Heaven Hill wheated mash bill family that connects directly to Old Fitzgerald and Larceny Barrel Proof — the wheated expressions a new buyer would eventually want to understand anyway. Buffalo Trace at approximately $35 offers a traditional mash bill at a price now directly competitive with Maker's. No peer-reviewed sensory research establishes that wheated bourbons produce more durable beginner engagement than traditional or high-rye expressions at equivalent proof. The inflation objection has earned its weight: at $38, Maker's Mark is no longer the unambiguous "start here without deliberation" position it held at $28. Larceny at $32 is the same mash-bill family with a more expressive flavor profile and a lower price point. The pedagogical logic is intact. The specific bottle is not.

What It Means For The Rest Of Us —

The wheated-first principle still holds. At $38, Maker's isn't the obvious vehicle anymore — Larceny at $32 does the same job better.

Today's AWIB Bar Talk has 2 more debates with full source citations, fact-checked positions, and editorial assessment. Read the full debates on Patreon →
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SECONDARY SPOTLIGHT
William Larue Weller 2024 (Buffalo Trace Antique Collection)
Realized Price
$1,405
Peak Price
$1,820
Floor Erosion
↓ 22.8%
($1,820 − $1,405) ÷ $1,820 × 100 = 22.8% erosion from Q4 2022 peak · Whisky Auctioneer June 2026 session · June 18, 2026
What Floor Erosion Means —

Floor erosion is how much a bottle's secondary market price has dropped from its all-time high. At 22.8%, William Larue Weller 2024 has declined roughly $415 from its 2022 peak — and yet it remains the second-most-valuable BTAC bottle at auction, with the June Whisky Auctioneer session confirming the $1,360–$1,450 corridor has held since the post-pandemic correction peaked. That stability is the story. WLW holds because there is no accessible substitute anywhere in the price range for an uncut, unfiltered wheated bourbon at barrel proof from this production lineage. Compare that to Eagle Rare 17, whose floor has compressed approximately 40% from its 2022 peak — a bottle that is also scarce but whose secondary position was built partly on hype that the correction has unwound. The WLW floor is structural. A state lottery win at $129 MSRP against a $1,360–$1,450 realized price is still the most clearly documented return in allocated bourbon.

The lesson: The bottles holding secondary floors in 2026 are the ones with no accessible substitute at any retail price — structural scarcity, not collector enthusiasm, is what keeps a floor from compressing.
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 on Patreon →
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ALSO IN TODAY'S AWIB
Today's Flight: Buffalo Trace ($35, 90 proof, NAS) vs. Eagle Rare 10 Year ($45, 90 proof, 10-year stated age) — same distillery in Frankfort, same low-rye mash bill, same proof, $10 apart. The only documented variable between them is a decade of additional barrel maturation. Full side-by-side nose, palate, finish, and a verdict on whether that decade is worth the premium — and for which type of drinker each bottle is the right answer — in the AWIB.
Wilderness Trail's Single Barrel Cask Strength 2026 cleared TTB on June 18 with a 6-year stated age at 114.6 proof — the Danville distillery's first disclosed-age commitment on its barrel-strength program. Today's AWIB Opening Pour covers what a stated age on any bourbon label is federally required to guarantee, what the difference between NAS and a disclosed-age floor means for a craft buyer building a quality map, and when the 2026 Cask Strength is expected to reach retail in Q3.
Today's AWIB Rickhouse Report covers the Knob Creek 2001 Vintage Reserve — a 24-year-old barrel cleared TTB this window at 118.4 proof. A 24-year Clermont barrel is not a product of any recent production decision; it survived Beam's 14-week 2025–2026 production idle and two and a half decades of maturation. Format, channel, and MSRP are not yet announced — today's AWIB covers what the format decision will signal about whether Beam is positioning this as a distillery-exclusive trophy or a nationally allocated premium tier, and what either path means for the eventual price.
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. Join on Patreon →
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The Perfect Pour — beta open now, launches July 4.
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).
The Cut Daily
Report Date: June 21, 2026 · Chasing the Unicorn Podcast · A Drunken Unicorn Production
Free Edition · No Redistribution Without Permission

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© 2026 Drunken Unicorn Productions · All Rights Reserved

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, Pappy Van Winkle, Wild Turkey, Russell's Reserve, Heaven Hill, Elijah Craig, Larceny, Old Fitzgerald, Four Roses, Wilderness Trail, Bardstown, Michter's, Maker's Mark, Knob Creek, Old Forester, Angel's Envy, 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.