In this week’s edition of Last Call: Stone Brewing hires a new COO, Atlanta’s Wild Heaven Beer unveils a $5 pale ale at Mercedes-Benz Stadium, Anheuser-Busch heir Adolphus A. Busch V launches a cannabis company and more.
Yet another major U.S. alcohol company is getting into the cannabis sector. Breakthru Beverage, a multi-state wholesaler that was formed via the 2015 merger of Chicago-based Wirtz Beverage Group and New York’s Charmer Sunbelt Group, has agreed to invest $9.2 million in CannTrust, a Canadian marijuana maker.
Pabst Brewing Company today announced a number of executive changes, including the departure of chief executive officer Simon Thorpe, whose time with the company lasted 21 months. In a press release, the company said Thorpe, along with chief operating officer Brian Bousely, had stepped down from their roles.
In this week’s Last Call: Red Brick reverts back to Atlanta Brewing Company; Coronado closes the Monkey Paw brewpub; Canarchy Craft Brewery Collective announces cross-platform mixed pack (and its GABF presence); Harpoon says it will brew, distribute a former Red Sox Player’s beer offerings.
Year-to-Date volume sales of beer are basically flat, according to market research firm IRI Worldwide, which tracks scan data at major off-premise retailers throughout the U.S. In its latest monthly report, the firm also said off-premise retail volume sales of craft beer had grown 1.4 percent year-to-date through the period ending August 12.
The Brewers Association (BA) has rolled out a new national advertising campaign aimed at bringing another round of consumer attention to its independent craft brewer seal that was unveiled last year. Launched today, the effort, called “That’s Independence You’re Tasting,” includes a pair of 30-second commercials that will be “presented across a variety of media platforms,” according to a press release.
More often than not, Evil Twin Brewing founder Jeppe Jarnit-Bjergsø finds himself in the news for a supposed “feud” with his identical twin brother, Mikkel Borg Bjergsø, the founder of Mikkeller Beer. But the storyline is getting old to Jeppe, who has, at times, turned to social media to express his discontent with how media outlets compare the Evil Twin and Mikkeller businesses. Still, Jeppe, who met with Brewbound in June to discuss the forthcoming opening of his first brick and mortar production facility in Queens, New York, says the fractured relationship with his brother is not an act.
Scottish craft brewery BrewDog is continuing to expand its reach beyond the beer category, today announcing the launch of a namesake streaming video service that features more than 100 hours of drinks-related content.
Add Tallgrass Brewing to the list of small, regional beer companies struggling to stay afloat amid competition from more than 6,600 craft breweries. The Manhattan, Kansas-based brewery, the largest in the state, has suspended operations and laid off approximately 20 employees, founder Jeff Gill confirmed to Brewbound.
After spending 10 years as the marketing director for Oskar Blues Brewery, and more recently the Canarchy Craft Brewery Collective, media relations guru Chad Melis has struck out on his own. Melis, who was an integral part of the Oskar Blues and Canarchy organizations, acting as a national spokesman and overseeing a team 20 marketing employees, launched ‘Turn it Up Media’ in early August.
Constellation Brands is taking a second hit of Canopy Growth Corporation (TSX: WEED). Less than a year after spending $191 million to acquire a 9.9 percent stake in the Canadian cannabis company, the Corona and Modelo maker today announced it would invest approximately $4 billion to acquire 104.5 million shares of Canopy, raising its stake to about 38 percent.
Constellation Brands is continuing to invest behind an own-premise retail strategy for its Ballast Point brand, yesterday confirming plans to open another California brewpub in 2019. The new Ballast Point location – its eighth in California and the tenth in the U.S. — will be located in San Francisco’s Mission Bay neighborhood, where the NBA’s Golden State Warriors are building a new stadium.
Drizly co-founder Nick Rellas has stepped down as CEO of the on-demand alcohol delivery company but will maintain a seat on its board, the Boston Globe reported last week. Cory Rellas, who co-founded Drizly with his cousin and had been serving as its chief operating officer, has taken over as CEO. The leadership change came less than a month after Drizly announced the acquisition of Buttery, a competing alcohol delivery service that operated in four cities.
After only being recognized by the Brewers Association (BA) as an official beer style in March, “juicy or hazy IPAs” have already become the most competitive beer category at the upcoming Great American Beer Festival (GABF) competition. In a post on the organization’s website, BA craft beer program director Julia Herz wrote that 414 different hazy IPA entries were received for the September event. Another 292 juicy or hazy pale ales and double IPAs were also submitted for judging at this year’s event, an indication that the “haze craze” is a beer style trend with legs.