Beer Industry News, Insights, Jobs, & Events

SEC Sues Drake’s Organic Spirits For $2.4M In Investor Fraud

SEC Sues Drake’s Organic Spirits For $2.4M In Investor Fraud

The U.S. Securities and Exchange Commission (SEC) has filed a lawsuit against Mark D. Anderson, the founder and former CEO of shuttered Drake’s Organic Spirits, alleging he orchestrated a years-long investor fraud scheme that raised $2.4 million.

Report: Sazerac Explores Brown-Forman Deal

Report: Sazerac Explores Brown-Forman Deal

Weeks after Pernod Ricard and Brown-Forman confirmed that they are in merger talks, Sazerac is now reportedly eyeing a deal with the Jack Daniel’s maker.

Minnesota Grants Target 72 Licenses for Expanded THC Sales

Minnesota Grants Target 72 Licenses for Expanded THC Sales

THC drinks will have an expanded potential retail set in Minnesota. Despite an existential timeline ticking on the category’s future, beverage retailers continue to add intoxicating hemp drinks to store shelves. Target is the latest to go deeper in the set…at least in its home state.

Constellation FY26 Beer Shipments -3.8%, Depletions -2.1%; Q4 Growth Achieved

Constellation FY26 Beer Shipments -3.8%, Depletions -2.1%; Q4 Growth Achieved

Constellation Brands’ beer portfolio ended fiscal year 2026 (FY26) with some positive momentum for the year ahead. The company’s lineup of Mexican import brands (Modelo, Corona, Pacifico, Victoria) increased Q4 shipments (sales to wholesalers) 1.1%, while depletions (sales to retailers) increased 0.6% in the quarter, the company shared after market close Wednesday. Net sales also improved 1% year-over-year (YoY).

Tetra Pak Breaks Ground on U.S. HQ Facility Expansion

Tetra Pak Breaks Ground on U.S. HQ Facility Expansion

Carton packaging innovator Tetra Pak broke ground on a new facility at its U.S. and Canada headquarters in Denton, Texas last month as part of an expansion of its Product Development Center.

Brewers Association Announces 2026 Industry Award Winners

Brewers Association Announces 2026 Industry Award Winners

The Brewers Association (BA) will honor a trio of industry members with nearly a century of experience among them during its annual Craft Brewers Conference (CBC) later this month in Philadelphia.