8th Wonder Brewery, Distillery and Cannabis has been acquired by Bayou City Hemp Company, a Houston, Texas-headquartered cannabis company.

Sir Ivan Menezes, who has guided bev-alc giant Diageo as CEO for nearly a decade, has died “following a brief illness,” the company announced today.

Sierra Nevada Brewing Co. CEO Jeff White has announced his retirement from the Chico, California-headquartered craft brewery. Brewery founder Ken Grossman will step in as interim CEO as a search for a new CEO begins.

Data Christmas continues, following the release of the Brewer Association’s (BA) annual production survey of U.S. craft breweries.

The craft-on-craft deals continue to roll in. Baltimore, Maryland-based DuClaw Brewing Co. has been acquired by River Horse Brewing Co. in Ewing, New Jersey.

Portfolio brand Wings & Arrow, whose brands include Ashland Hard Seltzer, Mucho Aloha Hard Lemonade, Villager Spirits canned cocktails and Wings & Arrow beer, is merging with Eugene, Oregon-based Ninkasi Brewing to form Great Frontier Holdings.

Boston Beer Company has appointed Philip Hodges chief supply chain officer, according to an 8-K filing, submitted to the U.S. Securities and Exchange Commision last week.

Constellation Brands is exiting the craft beer business. Constellation, which has found success with Mexican import brands Modelo, Corona and Pacifico, said it will divest of its craft and specialty division to refocus its efforts on its core brands. As such, Funky Buddha Brewery in Florida and Four Corners Brewing Co. in Texas will return to their respective original founders.

More regional craft breweries beyond the top 50 recorded a decline in production in 2022 than breweries that increased production, according to data published in the May/June edition of the Brewers Association’s (BA) New Brewer Magazine.

Boston Beer Company’s promised refresh of Truly Hard Seltzer started hitting shelves this spring, with new packaging, real fruit juice and new campaigns designed to communicate a “clearer message” to consumers.

The U.S. beer industry recorded $409.2 billion of economic output in 2022, making up about 1.6% of the country’s gross domestic product (GDP), according to latest Beer Serves America report, a biennial study commissioned by the Beer Institute (BI) and the National Beer Wholesalers Association (NBWA).

Nearly a quarter of consumers (22%) surveyed by e-commerce alcohol delivery platform Drizly plan to reach for ready-to-drink canned cocktails (RTDs) the most this summer, a -17% decline versus 2022, according to Drizly’s fifth annual Consumer Trend Report.

Appalachian Mountain Brewery and Cidery (AMB) is returning to familiar ownership. Nathan Kelischek and Chris Zieber, founders of the Boone, North Carolina craft brewery, have agreed to purchase AMB from Anheuser-Busch InBev (A-B), according to a press release.

Cue DJ Khaled’s “another one.”

The trend of craft breweries extending their flagship beers continues. The latest is Monster-owned CANarchy’s Oskar Blues Brewery, which has extended its Dale’s Pale Ale.