Senate Bill 194 defines a new category of ready to drink mixed liquor beverages containing no more than 12.5 percent alcohol by volume called “mixed spirit beverages.”; requires all mixed spirit beverages, other than those distributed by the Alcoholic Beverage Control Board, to be distributed through a licensed wholesaler; and requires each importer and manufacturer of mixed spirit beverages to designate sales territories for each of its brands and enter into an exclusive franchise agreement with a licensed wholesaler for each sales territory.