US-Cuba relations: What stronger ties between the two nations means for the rum industry

Call it a liquor legend. As revolution engulfed Cuba at the end of the 1950s, the coconut tree that Facundo Bacardi had planted at his distillery in Santiago de Cuba in 1862, as a symbol of company prosperity, began to wither and die. Months later, Fidel Castro would seize the property and the Bacadi family would flee the island.