Orlando, Florida-based Brew Theory has reached a licensing agreement with Portland, Maine-headquartered Shipyard Brewing to produce and sell the company’s portfolio of products in the Sunshine State.

The largest beer festival in the U.S. will not take place in-person in 2020 due to the COVID-19 outbreak. For the first time in the festival’s nearly 40-year history, the Brewers Association (BA) has canceled the 2020 edition of Great American Beer Festival, which was slated to take place September 24-26, and will instead move the event “to an immersive online experience” from October 16-17.

Looking to pay down short-term debt and jump start construction projects, Portland, Oregon-headquartered brewpub and hospitality chain McMenamins announced it is seeking to raise $20 million from private investors.

Riding a months-long wave of record-breaking growth, the Drizly Group has hired two new executives and appointed a new member of its board of directors.

Russian River Brewing Company’s annual release of Pliny the Younger triple IPA drew visitors from 47 states and 14 countries and generated $5.1 million in economic impact to the local economy, an increase of 22.6% over the 2019 release, according to a study conducted by the Sonoma County Economic Development Board.

The hard seltzer segment is on pace to capture 10% of the beer category dollar sales by this summer, according to Cowen analyst Vivien Azer. Last week, hard seltzer segment’s share of beer category dollar sales reached 8.8%, according to market research firm Nielsen. And there are no signs that the segment is slowing down.

The COVID-19 pandemic has altered nearly every facet of life and commerce, but one particular area stands to be gutted more than almost any other: large scale events. In the beer industry alone, event casualties are numerous, as the Brewers Association has now canceled three of its marquee events.

Nearly nine months after announcing their plans for a new $12 million brewery and taproom in Philadelphia, the founders of Everett, Massachusetts-headquartered Night Shift Brewing today announced they have abandoned the plan and reached an agreement with their landlord to terminate the lease on the 130,000 sq. ft. facility.

Dr. Anthony Fauci today cautioned against reopening businesses and other public gathering spaces before states meet guidelines set by the Centers for Disease Control and Prevention. An investigation by the California Department of Alcoholic Beverage Control (ABC) found that third-party delivery services are “routinely delivering alcoholic beverages to minors,” according to an industry advisory posted by the regulatory agency.

Two of the largest hard seltzer makers are launching new offerings outside of the segment’s standard 5% ABV, 100-calorie playbook.

In its fifth year, Lord Hobo Brewing is making some changes — the company’s packaging has gotten a makeover, there’s a new face at the helm and plans for a taproom in New York City have been scrapped. Longtime chief operating officer Nathan Whipple has moved into the role of president.

In light of the COVID-19 pandemic, Anheuser-Busch InBev is examining discretionary spending, halting new product launches and promotions and upping its investment in e-commerce, CEO Carlos Brito said during A-B’s first quarter earnings call today.

Craft Brew Alliance posted $45.8 million in sales during the first quarter of 2020, down nearly $4 million from the same time last year, according to the Form 10-Q the company submitted to the U.S. Securities and Exchange Commision and posted to its website Wednesday.