Global cannabis firm Tilray is adding an East Coast craft brewery to its growing brewery portfolio, with the acquisition of Montauk Brewing Company.

Alcohol e-commerce platform Drizly announced a “new brand direction” this week, featuring a “redesigned product experience” and expanded shipping capabilities, as it celebrates a decade in business.

Leisuretown, Modern Times’ Anaheim, California-based taproom, complete with a swimming pool, has closed, Brewbound has confirmed.

Data from beer-centric social media platform Untappd, which tracks where and when users drink beer, shows that traffic at brewery taprooms has recovered to 117% of January 2019 levels.

San Francisco-based Seven Stills Brewery & Distillery closed for good on Sunday, October 30, CEO Tim Obert announced via email last week.

The amount of beer at risk of expiring in the next 30 days in wholesalers’ warehouses has reached its highest level in recent months, according to the National Beer Wholesalers Association’s (NBWA) October Beer Purchasers’ Index (BPI).

Regulators from the federal agencies that oversee taxation and alcohol regulation raided the Union City, California, offices of Southern Glazer’s Wine and Spirits yesterday, according to the San Francisco Chronicle.

Anheuser-Busch InBev (A-B) reported a +12.1% increase in revenue, to $15.091 billion, and +3.7% volume growth in the third quarter of 2022, compared to the same period last year, the company shared today in its earnings report.

Traditional beer is expected to decline -2% in the next five years, Boston Beer founder and chairman Jim Koch told wholesalers Tuesday during the company’s annual business plan meeting with northeastern wholesalers. “We say a prayer for the big brewers because they’re the ones that really build the trucks that we can then fill out, but I think the reality is it will probably not grow in the lifetime of the people in this room,” he said.

As the calendar turns to the often spirits-heavy holiday season, the National Beer Wholesalers Association (NBWA) highlighted its Beer First Initiative toolkit during its annual convention earlier this month, including selling materials to help better position beer against wine and spirits in the fourth quarter of the year.

The Boston Beer Company – parent of Samuel Adams, Angry Orchard, Twisted Tea, Truly Hard Seltzer and Dogfish Head – aims to become the No. 1 beer industry supplier in the fourth category, CEO Dave Burwick said during a conference call with investors and analysts to discuss the company’s third quarter 2022 earnings.

Nearly six months into Paul Verdu’s tenure at the helm of Wisconsin Brewing Company (WBC), the Verona, Wisconsin-based brewery is making significant changes to its strategy, focusing its energy on the Lake Louie Brewing brand and WBC’s contract brewing business.

Many new beverage-alcohol products on display at the National Association of Convenience Stores (NACS) trade show earlier this month in Las Vegas “[f]ocused on premiumization, convenience, betterment and enhanced flavor profiles,” according to Goldman Sachs senior equity research analyst Bonnie Herzog.

The first goal of incoming Beer Institute (BI) chairman Anheuser-Busch CEO and North American zone president Brendan Whitworth is to continue delineating the differences between beer and hard liquor. In his address to the annual meeting of the trade group representing the country’s largest brewers, Whitworth highlighted three goals for his term leading the BI… Read more »