Teresa Cascioli ascribed the success to Lakeport's willingness to take ownership of their discount beers, stating that "We are the only one at $24 plus deposit that actually puts our company name on it.
"[6] One television advertisement featured Teresa Cascioli and a shop steward of the Teamsters Local 938, representing the workers who brewed Lakeport, discussing how they hoped to make a good product at a reasonable price for their consumers.
[11] On February 1, 2007 Labatt Brewery, owned by InBev, made an offer of CAD$201.4 million to purchase Lakeport.
Just over three years later, on March 30, 2010, Labatt announced that in four weeks, the Lakeport Hamilton Brewery would close on April 30, 2010.
[14] Several offers to purchase the facilities and equipment surfaced, including one from Calgary-based Minhas Creek Brewing Company.
[16] After Collective Arts grew in popularity, they bought out Nickelbrook's share of the facility and are now the sole brand produced there.