Deschutes Brewery’s co-branded Kirkland Signature beers with Costco are being discontinued and expected to be out of the market later this year, according to a July 1 note to distributors from Peter Skrbek, CEO of the Bend, Oregon-headquartered craft brewery.

Beer is still the top choice for Fourth of July parties, but spirits are gaining in purchase intent, according to data and insights firm Numerator.

The time is right for founders of scaled ready-to-drink (RTD) brands to consider exits with the emergence of a “classic seller’s market,” Arlington Capital Advisors managing director Townsend Ziebold declared earlier this month at the Beer Marketer’s Insights business conference.

Untitled Art is ceasing operations after a decade, the New School reported, citing “internal sources and memos circulated around the company employees and partners.”

Keg 1 Management is wheeling and dealing. The multi-state distribution platform/consolidator’s Keg 1 Missouri subsidiary announced a deal to acquire more than 1 million cases from Fechtel Beverage & Sales in Central Missouri.

Four Loko-maker Phusion Projects has licensed some of its brand assets to Chuck It LLC for use on intoxicating hemp beverages.

Rhinegeist’s Cheetah lager is being reincarnated later this summer. This August, Rhinegeist will relaunch Cheetah as Super Lager, in collaboration with grocery chain Kroger, a fellow Cincinnati-based business.

Diageo CEO Dave Lewis is reportedly following through on slashing jobs as part of a reorganization of the struggling alcohol firm. Reports this week indicate that cuts have reached Diageo’s North American business.

The Federal Trade Commission and Southern Glazer’s Wine and Spirits have reached a tentative settlement agreement in the federal agency’s price discrimination lawsuit against the nation’s largest wine and spirits distributor.

Firestone Walker’s can line at its Paso Robles, California production brewery will be running “24 hours a day, seven days a week” in the next couple of months, CEO Nick Firestone shared during Beer Marketer’s Insights conference earlier this month.

Sam Calagione is in a creative groove. The Dogfish Head co-founder is on the verge of releasing a collaboration full-proof whiskey in collaboration with Rolling Stone magazine. He recently wrote a column for the magazine on the 1976 overlap of punk, hip-hop and craft beer. And his 31-year-old craft brewery finished Q1 up, still trucking behind its Grateful Dead collaboration beers and spirits-based canned cocktails.

Zipline Brewing Company, Nebraska’s largest craft brewery, has ceased brewing operations and closed its taproom and beer lounge in Lincoln, “effective immediately,” the company announced Thursday on Facebook.

Boston Beer Company claims it didn’t receive a “fair trial” due to “errors” throughout its breach of contract case with Ardagh Metal Group, which last month received a $175.5 million jury award, plus millions in pre-judgment interest.

JuneShine Brands isn’t stressing about November’s federal ban on hemp-derived THC products, which could wipe out its fast-growing Willie’s Remedy+ brand.