The deals came in a rush this week. It started Monday, as Canadian cannabis firm Tilray acquired Montauk Brewing Company in New York, adding another contract brewed brand to its growing beer portfolio of Atlanta’s SweetWater Brewing and San Diego-founded Green Flash and Alpine Beer Co.

Alpine, Wyoming-based Melvin Brewing didn’t have to look far to find a buyer. Brewbound has learned that Jackson, Wyoming-based Roadhouse Brewing has signed a purchase agreement to acquire Melvin and its operations.

Canadian cannabis firm Tilray’s acquisition of New York’s Montauk Brewing Company brings together a lifestyle-minded acquirer and a craft brand with a vibe. “We really saw ourselves as more than just craft beer,” Montauk general manager Terry Hopper told Brewbound.

Non-alcoholic beer maker Athletic Brewing Company has received a $50 million investment from Keurig Dr Pepper (KDP) that will make the publicly-traded CPG giant a minority equity stakeholder in the business.

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

Sometimes you can’t just easily wrap up a story. The sale of Modern Times is one of those stories. The latest in the Modern Times ownership saga is the deal to merge with Maui Brewing and form the Craft ‘Ohana platform closed last weekend.

Inflationary cost pressures and higher year-over-year retail prices have caught up with consumers in North America, especially in the U.S., and the world’s largest can manufacturer is seeing “lower” than expected demand and “less consumption across the board,” Ball Corp. CEO Dan Fisher told analysts Thursday.

Spirits portfolio company Next Century Spirits has acquired XED Beverages, the maker of cocktail-inspired hard seltzer brand Sesh.

Another soda company is testing the beverage-alcohol market – this time with the world’s largest beer manufacturer. Novamex, the maker of Mexican soda brand Jarritos, is partnering with Anheuser-Busch InBev (A-B) to launch Cantaritos Hard Sodas in California and Texas markets next spring.

Molson Coors CEO Gavin Hattersley declared the U.S. consumer “remains resilient,” as trade up to premium offerings continues and there aren’t signs of “significant channel shifting,” during the beverage-alcohol producer’s Q2 earnings report today.

Let’s get this out of the way: The Lost Abbey isn’t going away. The iconic U.S. maker of barrel-aged Belgian-style ales is, however, attempting to sublease half of its 40,000 sq. ft. production space in San Marcos and sell its 30-barrel brewery and fermentation tanks.

This was a heavy Boston Beer news week — which you’ll get on the heels of the company’s Q3 earnings report, the announcement of its first tequila-based ready-to-drink canned cocktail AND one of its annual business planning (ABP) meeting with wholesalers.

Cycling a nearly -9% decline in September 2021 — the biggest decline of last year — U.S. brewers failed to eke out growth in September 2022.

Critiques of PepsiCo’s Blue Cloud Distribution (BCD) arm were plentiful during the National Beer Wholesalers Association’s (NBWA) annual convention earlier this month in Chicago. NBWA leaders criticized the way Hard MTN Dew – which Boston Beer has licensed to produce and is distributed through Blue Cloud – has been merchandised and cross-promoted in some accounts,… Read more »