Craft beer industry news.
Craft brewery owners dreaming of selling their businesses in multi-million dollar deals are doing just that – dreaming, industry leaders said last week during a panel discussion about exiting the business at the Mass Brewers Guild annual conference.
Intoxicating hemp beverages could be sacrificed in a deal to reopen the federal government. As political factions in Washington, D.C., spar over how to end the longest-ever federal government shutdown in U.S. history, legislators – led by Sen. Mitch McConnell (R-KY) and Rep. Andy Harris (R-MD) – are attempting to use the situation to shape the future of hemp and intoxicating THC products and restrict the market created by the 2018 Farm Bill.
Ball Corporation is making a change to its top leadership post. The world’s largest aluminum can manufacturer appointed Ronald J. Lewis as its new CEO, replacing Daniel W. Fisher, effective immediately. Lewis will also join the company’s board of directors.
Diageo has tapped Sir Dave Lewis to lead the Guinness parent into its next chapter, ending a months-long search following former CEO Debra Crew’s departure in July.
OK, beer, we’ve unfortunately officially run out of sports in our corner. Ice hockey?
Constellation Brands Layoffs at Rochester HQ; Monster Q3 Alcohol Net Sales -17%; Samuel Adams Adds Winter White Ale, First New Winter Seasonal in 30 Years; Athletic, Vans Warped Tour Debut Collaboration; Pair Your Market Basket Sub with a MB Lager; Parting Shot: Rainier Jubilee Cans Return.
Pabst Brewing has promoted Pat O’Dea to chief sales officer, effective immediately, the company announced today.
Lauren Woods Limbach joined New Belgium in 196 and the rest is “an incredible fairy tale, wild ride, with some of the hardest work and the best people on Earth,” she said in an Instagram video last week announcing her upcoming retirement.
Beverage-alcohol “is on the chopping block” for consumers this Thanksgiving, with more than a third of consumers planning to not purchase alcoholic beverages at all, according to market research firm NIQ.
Molson Coors president and CEO Rahul Goyal has plenty on his plate in his first month in the top spot, having taken over for Gavin Hattersley in October, but he’s added one more responsibility to his list: Beer Institute (BI) board chairman.
Cigar City Brewing (CCB) will shutter its taproom and facility on Tampa’s Spruce Street next year when its lease ends and move into the Ybor City space currently occupied by Cigar City Cider & Mead, parent company Monster Brewing announced Thursday.
Bev-alc industry members have been more vocal than ever this week about their stances on intoxicating hemp beverages, and the Beer Institute (BI) was no exception at the trade group’s annual Membership Meeting held Wednesday in Washington, D.C. BI president and CEO Brian Crawford dedicated the majority of his remarks to intoxicating hemp, and the BI’s desire for regulation.
A coalition of 54 beer, wine and spirits distributors are asking U.S. House and Senate leaders to regulate and tax intoxicating hemp products similar to alcoholic beverages, according to a letter sent Wednesday.
Consumers are increasingly concerned about “managing health and wellness” and it is “drastically” changing beverage trends across bev-alc and non-alc (NA), according to a new report from Circana and the market research firm’s EVP of BevAl Scott Scanlon.
