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Risks
1. Intense Competition: Molson Coors Beverage Company faces intense competition from local and global craft brewers, wineries, and distilleries.
2. Economic Uncertainty: Economic uncertainty has impacted Molson Coors' sales and profitability, which could negatively affect the company in the long-term.
3. Regulatory Changes: Changes in the regulatory landscape could have a significant impact on Molson Coors' operations, such as affecting the price and availability of their products.
4. Debt Load: Molson Coors has a significant debt load, which could be difficult to manage in a down market.
5. Dependence on Key Brands: Molson Coors relies heavily on the success of its popular brands such as Coors and Miller, which could leave it vulnerable if market conditions change.