Overall, the label looks great. I think the small cursive text will be hard to read on the label, especially for the size of a 12oz bottle. Great job and I like the shading you put in there.
Looks pretty good!
Keep the color scheme but you might want to change the fonts- aside from the font Pilsner is in they're all not the quickest read. Also the bend in the ribbons doesnt seem to quite fit the text, and the Pilsner line looks like it could use a nudge to the right.