In 2009, Rick Armstrong did something any financial adviser would warn against: He drained his entire retirement account to start brewing and selling beer from the garage of his triplex on an eclectic Sitka street near a welding shop and a Russian dance studio.
Now Armstrong and his partners in Baranof Island Brewing Co. are taking another unorthodox approach to financing their business, which has grown into a legitimate beer producer whose ales and other libations have found followings across Alaska and western Washington state.
The Southeast Alaska brewer is the first company...
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