This is a fun video. The event is called the Grog Bowl. The presenter (he comes on at about 1:20 in) is Derek Schneider. Derek is the guy Angostura hired to rehab and run the Charles Medley Distillery in Owensboro, until the financial crises crashed the parent company. Derek is retired active duty Army and now a member of the Army Reserves. In April they had a meeting of all of the Command and General Staff College instructors for the Eastern United States. It included a dinner followed by the famous Grog Bowl Ceremony. Each state nominates a representative to introduce a local beverage that their state is noted for and adds it to the grog bowl while discussing the historical significance of this beverage to that state. Clearly, the presentations run to the bombastic.
The distillery, by the way, is for sale. It still needs a lot of work.