Modern Times Beer’s bank has “commenced litigation” that is expected to “result in a court-ordered receivership sale” of the San Diego-headquartered craft brewery, according to a blog post on Modern Times’ website.

Stone Brewing Company has filed its first post-trial motion seeking a permanent injunction to prevent Molson Coors from “ongoing infringement of the Stone trademark” in the wake of its $56 million jury award following last month’s trademark infringement trial.

2022 will be a “make or break year for a number” of craft brewers, Brewers Association chief economist Bart Watson shared during a press conference Tuesday to discuss the 2021 production numbers and top 50 breweries list.

The Brewers Association (BA) also released its 2021 rankings of the top 50 craft breweries by sales volume, in addition to sharing that craft brewer volumes increased by +8% last year.

A year after recording the first production decline of the modern era, U.S. craft brewers were back in black in 2021. The Brewers Association shared that production at U.S. craft brewers who meet its craft brewer definition collectively increased production +8%, to an estimated 24.8 million barrels of beer in 2021.

The Sands family, the largest shareholder of Constellation Brands stock, has proposed declassifying the company’s common stock and transitioning to a single-class common stock structure.

San Diego-headquartered JuneShine released its first commercial campaign today, promoting its recently launched ready-to-drink, spirits-based canned cocktails with the tagline of “Dodge the Sugar.” Beer buyers’ behavior has “continued to revert to pre-pandemic trends” for the third consecutive month, according to the National Beer Wholesalers Association’s (NBWA) March Beer Purchasers’ Index (BPI).

Off-premise dollar sales of ready-to-drink canned cocktails (RTDs) and hard seltzers have more than doubled in the past three years, increasing +155% since 2019 (through January 8, 2022), according to NielsenIQ data, shared by the Beer Institute’s (BI) VP of research Danelle Kosmal during a webinar Thursday.

New Mill Capital, the asset disposition firm tasked with selling Milwaukee Brewing Company, has set a minimum offer at above $10 million for parties interested in the Wisconsin craft brewery, according to an email from the firm’s principal, Eric Weiler.

Through the first two months of the year, shipments are down -6%, to 23.4 million barrels shipped, according to the Beer Institute (BI), citing domestic tax paid estimates from the Alcohol and Tobacco Tax and Trade Bureau (TTB).

Molson Coors is in the process of a packaging refresh for Keystone Light, chief legal officer Anne-Marie D’Angelo shared with the company’s distributor partners in a memo Tuesday afternoon. The company shared plans for the packaging refresh just days after a jury awarded Stone Brewing Company $56 million in its long-simmering trademark infringement lawsuit against Molson Coors.

Citing shock and sadness due to Russia’s intensifying war on Ukraine, Heineken N.V said today that it will exit its business in Russia and no longer have a presence in the country. “Following the previously announced strategic review of our operations, we have concluded that Heineken’s ownership of the business in Russia is no longer… Read more »

A federal jury has awarded Stone Brewing $56 million in its trademark infringement lawsuit against Molson Coors Beverage Company, according to Courthouse News Service.

Cleveland-headquartered Great Lakes Brewing Company has hired long-time Boulevard Brewing brewmaster Steven Pauwels as its first chief operations officer, the company announced Thursday. Pauwels’ first day with Great Lakes will be April 4, a Great Lakes spokesperson shared with Brewbound.