Cutwater Spirits, out of San Diego, California, is an up and coming distillery known for, among other things, its American whiskey and bourbon. Once a division of Ballast Point Brewing known as Ballast Point Spirits, Cutwater was spun off on its own after Ballast was acquired for a very hefty sum by Constellation Brands back in 2015. Now, in an interesting twist of fate, the spirits makers once again find themselves owned by a beer maker, this time in the form of Anheuser-Busch.