Press Clips: Arizona’s Huss Brewing and PHX Beer Co. Merge; North Coast Taps Jeff Robinson to Lead Sales
Arizona’s Huss Brewing (Tempe) and PHX Beer Co. (Scottsdale) have merged to create Zonafide Beverages, the companies announced Wednesday.
Tip Top’s Kindred Spirits Series Bridges RTD Cocktails and Craft Beer
Want to encourage craft beer drinkers to pick up a craft RTD cocktail? Try offering more beer. Now in its third release, Tip Top Proper Cocktails’ Kindred Spirits Series is a first-of-its-kind RTD brand and brewery collaboration that reimagines classic cocktails through the lens of craft beer.
Ballast Point Takes On New Investors, Plans Expansion
San Diego-based Ballast Point has new, local investors in its ownership group, San Diego Beer News reported. Hospitality force RMD Group and boutique investment firm Cypress Ascendant have taken shares in the brewery, and the investors who facilitated the bombshell acquisition of Ballast Point from Constellation Brands in 2019 have exited.
Schilling Sues Incline Over Ownership of Cider ‘Recipes;’ Judge Grants Preliminary Injunction
A legal dispute between two Pacific Northwest cider brands is bringing into question what defines a “recipe” and how airtight – and specific – agreements between bev-alc brands and their manufacturing partners need to be. Schilling Cider has filed a civil complaint against Incline Cider and its parent company Compass Brands, LLC, alleging Incline breached a “recipe agreement” and shared confidential information with a competing company
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Brewbound Podcast: A Look at Uncle Nearest’s Fight to Retain Control of Operations
Representatives of Uncle Nearest were in court last week fighting to retain control of the whiskey brand’s operations as its lender seeks the appointment of a receiver as the company has fallen into default on $108 million in loans. BevNET spirits editor Ferron Salniker joins the Brewbound Podcast to share the latest on the case.
Good Boy Vodka Moves Distribution to California Beverage Solution
Breakout ready-to-drink (RTD) brand Good Boy Vodka will move its California distribution to California Beverage Solution (CBS) this month, the companies announced today.
Hayden Beverage to Acquire Scout Distribution Idaho JV
The Idaho joint venture between Scout Distribution and Columbia Distributing is being sold to Hayden Beverage Company, the companies shared today.
Press Clips: Boston Beer CFO to Receive $1.2M in Stock as Retention Bonus; Kyle Park Leading Neshaminy Creek as CEO
Boston Beer CFO Diego Reynoso is receiving around $1.2 million in Boston Beer Class A stock (SAM) in an effort to keep him with the company.
‘Too Good To Pass Up’: Not Beer Launches THC Drinks
It’s still Not Beer, but now with a buzz. Dallas-based beverage brand Not Beer is expanding beyond alcohol-free sparkling water for the first time with Not Beer Vibed, a 10mg THC/10mg CBD seltzer available online in 12 oz. slim cans.
CPI: Bev-Alc Away From Home Continues to Outpace Overall Inflation in July
All signs point to the cost of a night out getting more expensive. July marks a continuation of bev-alc away from home outpacing overall inflation. The CPI for both food (+3.9% year-over-year [YoY]) and alcohol (+3.4% YoY) outpaced overall inflation for all items (+2.7% YoY) in July.
Tilray Revamps US THC Drinks with Higher Dosage Options
Tilray Brands is moving deeper into THC-infused beverages – and getting higher in the process.
Circana Weekly Scans: Late July Bev-Alc Boost Evaporates; Beer Off-Premise Sales -2.9%
Any positive vibes recorded in recent weekly data reports may have been a mirage. After some “less pessimistic data” reports, off-premise beverage-alcohol sales have returned to the red, market insights firm Circana shared in its latest weekly report.
Convenience Store Traffic Slows in July; Beer Sales Slide
If c-store traffic is a barometer of economic anxiety for American consumers, this summer hasn’t been exactly carefree.
Judge Considers Receivership for Uncle Nearest Whiskey Amid $100M Loan Default
Uncle Nearest Premium Whiskey faces an uncertain future as a judge weighs its lender’s request for a receiver to seize control of the company’s operations.