Aphria Leaders Share Vision for SweetWater
With the proposed acquisition of Atlanta-headquartered SweetWater Brewing Company yesterday, Canadian cannabis company Aphria believes it’s on the path to becoming a vice industry powerhouse.
With the proposed acquisition of Atlanta-headquartered SweetWater Brewing Company yesterday, Canadian cannabis company Aphria believes it’s on the path to becoming a vice industry powerhouse.
New Orleanians will soon find a familiar word adorning the packaging of a newly renamed local beer brand. The 113-year-old Dixie Beer will change its name to Faubourg Brewing Company in early 2021. Faubourg, which means “suburb” in French, is synonymous with “neighborhood” in New Orleans.
John Hickenlooper — a Democrat, former Colorado governor and co-founder of Denver-based Wynkoop Brewing — will become the first craft brewer to win a seat in the U.S. Senate after defeating incumbent Sen. Cory Gardner (R.-Colo.) on Tuesday. “Clearly people are saying it’s time to turn the page, it’s time for a different approach,” Hickenlooper… Read more »
After seeing the land around them burn with regularity, the team at Santa Rosa, California-based HenHouse Brewing decided to launch a collaborative fundraising beer with a clear call to action for drinkers to call their lawmakers and urge them to vote for the Green New Deal.
Diageo, the importer of Guinness and Harp, has struck an agreement to move its brands from Watsonville-based Couch Distributing and South San Francisco-based Matagrano, Inc. to the Reyes Beer Division in California.
Breakthru Beverage is getting out of the beer business in Wisconsin. “We are in the process of exiting the beer category in Wisconsin as part of Breakthru’s larger efforts to better manage our portfolio strategy,” Kevin Roberts, Breakthru EVP of supplier relations, said in a statement.
Two more popular craft breweries have announced that their taprooms will be hibernating this winter as colder weather makes outdoor service infeasible, and COVID-19 cases continue to rise nationwide. Chicago-headquartered Revolution Brewing and Canton, Massachusetts-based Trillium Brewing both said this week that they will be temporarily shuttering their locations for on-premise service through the winter.
Forget product, price, promotion, and all that. For Molson Coors Beverage Company, 2020 has been defined by three words that start with the letter P: persistence, perseverance and progress, CEO Gavin Hattersley said during the company’s third quarter earnings call today.
Alcohol e-commerce platform Saucey and Los Angeles-area cannabis delivery business Emjay have combined to form Pacific Consolidated Holdings, the company announced today.
Pacific Northwest-based hospitality and brewpub chain McMenamins has launched the second phase of its investment drive as it seeks to raise as much as $15 million from accredited investors. Green Bay, Wisconsin-based Titletown Brewing is seeking a new owner or investors due to the COVID-19 pandemic hampering sales.
Dexter, Michigan-based Jolly Pumpkin Artisan Ales has opened a new cafe and brewery in East Lansing, Michigan, the company’s ninth location. Uinta Brewing’s new pub at Salt Lake City International Airport marks its first offsite expansion since opening in 1993. Brooklyn, New York-headquartered Other Half Brewing opened its third brewery and taproom in Washington, D.C., last week.
The leveling up of Millennials and Generation Z consumers is a bright spot on the horizon for craft beer, the beer industry’s leading economists said during last week’s Brewers Association Collab Hour webinar. “There’s really good tailwinds for craft,” Brewers Association (BA) chief economist Bart Watson said.
The bar and restaurant industry will find little comfort in the most recent report from Nielsen CGA. With colder temperatures around the country threatening to put a damper on outdoor dining and COVID-19 cases on the rise in the majority of states, about half of all adults say they have no intention of returning to dining or drinking outside their homes soon, the on-premise arm of market research firm Nielsen found.
After posting strong double-digit growth in shipments, depletions and revenues on the back of Truly Hard Seltzer and Twisted Tea in the third quarter, Boston Beer Company stock (SAM) topped the $1,000 mark for the first time ever, up from $371.12 at the start of 2020. As of press time (2 p.m. ET October 23), shares were trading at more than $1,066 (+15% and more than $145 than the previous day).