A year after recording the first decline in the modern craft beer era, Brewers Association chief economist Bart Watson estimated that craft volume could grow between 7 and 8% in 2021.

Reyes’ appetite for acquisitions, especially in California, has yet to be satiated. The largest beer wholesaler in the U.S. today announced an agreement to acquire a large share of Classic Beverage’s beer portfolio in Southern California.

Citing “continuing uncertainty about hard seltzer demand trends for the remainder” of 2021, Truly Hard Seltzer maker Boston Beer Company today withdrew its 2021 financial guidance. The company also said it anticipates “hard seltzer-related inventory write-offs, shortfall fees payable to third party brewers, and other costs” that will be incurred throughout the remainder of 2021.

BrewDog has formed an international joint venture with Japan’s Asahi as the Scottish craft brewer prepares to go public, the Financial Times reported earlier this week.

Boston Beer Company’s innovation pipeline continues to pump out new brands as the fall approaches, announcing today a planned nationwide launch in November of Bevy Long Drink, a sparkling refresher inspired by a traditional Finnish cocktail that consists of gin, grapefruit soda, and tonic. However, Boston’s version of the beverage, checking in at 5.8% ABV, won’t contain spirits.

Anheuser-Busch InBev is reshuffling its commercial leadership team in the U.S. on the heels of the July promotion of Brendan Whitworth as North American Zone and U.S. CEO.

Boston Beer Company (BBC) has agreed to a five-year, $3.42 million deal with Peak Processing Solutions, a licensed developer, manufacturer, and distributor of recreational and medical cannabis products in Canada.

In Deschutes’ home state, Fresh Squeezed is just its fourth best-selling brand, trailing Mirror Pond, Black Butte, and its seasonal program, according to VP of sales and marketing Neal Stewart. And that presents both a unique challenge and an opportunity.

Just in time for Saturday’s college football kickoff, Deschutes Brewery has signed a multi-year deal to become the “Official Craft Beer of the Pac-12 Conference.”

San Diego-based Mission Brewery was sold in late July to a California holding company led by Kenneth Little, a partner in Brandes Investment Partners, according to documents filed with the California Secretary of State’s Office.

Former Stone Brewing executive Pat Tiernan joined Oregon’s Full Sail Brewing as CE) this past January, according to his LinkedIn profile.

Leaders from the Brewers Association (BA), Beer Institute (BI), and National Beer Wholesalers Association (NBWA) submitted comments to Amy Greenberg, regulations and rulings division director of the Alcohol and Tobacco Tax and Trade Bureau (TTB), detailing each group’s purview of the market and specific requests that would benefit or mitigate harm against their respective members.

Convenience store chain 7-Eleven is partnering with e-commerce alcohol delivery service Minibar to deliver beer and wine in Texas, Florida and Virginia.

Cincinnati’s Rhinegeist Brewery has named Mike Parks as its next CEO, company founders Bob Bonder and Bryant Goulding announced in a letter to employees today.