Tilray Brands announced “a definitive agreement” with Molson Coors Beverage Company to acquire four craft beer brands in its Tenth & Blake division.

There are two months left before the Task Force on Alcohol Pricing and Addiction Services must submit recommendations to Oregon Gov. Tina Kotek concerning ways the state can work to curb substance abuse, which may include tax increases on alcohol.

Ray Ricky Rivera has a classic craft story: He started as a homebrewer and decided to turn his passion into a business, launching Norwalk Brew House and its flagship beer Bidi Bidi Blonde Blonde Mexican-American ale in early 2022.

Michigan’s Griffin Claw Brewing filed for Chapter 11 bankruptcy last week, though not for the reasons frequently cited by other breweries recently.

Anheuser-Busch InBev’s (A-B) Michelob Ultra passed sibling brand Bud Light as the second largest brand by dollar sales year-to-date (YTD) in Circana-tracked off-premise channels (total U.S. multi-outlet plus convenience), according to the market research firm’s latest monthly report (ending July 14).

Tilray Brands’ bev-alc net revenue increased +137%, to $76.7 million in Q4 fiscal year 2024 (FY24), as the global cannabis firm and “lifestyle brand” closed out its first year with the eight beverage brands it acquired from Anheuser-Busch InBev (A-B).

Total craft trends improved slightly in the last four weeks (ending July 14), with dollar sales declining -4.8% year-over-year (YoY) and volume -6.4% in Circana-tracked off-premise channels (total U.S. multi-outlet plus convenience), according to the market research firm’s latest monthly report.

Boston Beer Company failed to keep up with softer comps and continued to post declines in Q2 2024, with negative trends accelerating versus Q2 2023, according to the company’s latest earnings release, covering the three months ending June 29.

Southern Glazer’s Wine & Spirits has plans to acquire Horizon Beverage Group, Southern Glazer’s announced today.

Massachusetts-based Exhibit A Brewing has closed its Framingham brewery and taproom, and will move operations more than 90 miles west to Williamsburg, the craft brewery announced this week.

Craft volume is down an estimated -2% through the first six months of 2024, according to Brewers Association (BA) chief economist and VP of strategy Bart Watson in his annual midyear webinar Tuesday.

Great Lakes Brewing Co. is continuing to expand distribution of its craft beers more than 36 years after its founding.

An estimated 1.884 billion hectoliters (hl), or 1.58 billion barrels, of beer were produced worldwide in 2023, a -0.9% decline year-over-year (YoY), according to global hop supplier BarthHaas in its annual report.

Short’s Brewing is celebrating two decades in Bellaire, Michigan this year. The craft brewery makes a range of beers, from its flagship Local’s Light, to Bloody Beer, a Bloody Mary-inspired beer, and produced nearly 44,000 barrels of beer in 2023, according to the Brewers Association.