On-premise value velocity increased +6% nationally in the week ending June 25 compared to the week before, continuing “similar seasonal patterns” to previous years, the market research firm CGA reported today.

Indeed Brewing Company will release two new offerings next month, diving head first into a new category outside of beverage alcohol: cannabis.

Following the New Jersey Division of Alcoholic Beverage Control’s (NJABC) move to enforce special conditions that restrict craft breweries’ ability to host events and offer food, state Sen. Michael Testa has announced he will introduce a bill to counter the restrictions.

The sale of Modern Times took another turn Thursday with the ultimate acquirer of the San Diego brewery still in question.

Figueroa Mountain Brewing Co. has taken over operations of three Los Angeles brewpub properties from Artisanal Brewers Collective (ABC), and will convert each into specialty Figueroa Mountain taprooms, the Buellton, California-based brewery announced June 17.

Ready-to-drink canned cocktails (RTDs) were a big winner on Drizly over Independence Day weekend (July 1-4), the alcohol e-commerce platform reported today.

Sonic Hard Seltzer is getting two sibling brands this fall as the license agreement between its parent company, COOP Ale Works, and Sonic Drive-In expands to Sonic Hard Southern Sweet Tea and Sonic Hard Slush.

Colleen Quinn, former chief commercial officer (CCO) for Greater Good Imperial Brewing Company, has been promoted to CEO of the Worcester, Massachusetts-based brewery, effective July 1.

Reyes and Seismic Come to Amicable Resolution on Antitrust Lawsuit, Plan to Work Together

Goldman Sachs’ pessimism for Boston Beer Company’s 2022 sales performance and the company’s ability to reach its 2022 guidance continues, with analyst Bonnie Herzog downgrading Boston Beer to a “sell” rating in the financial services firm’s June Beverage Bytes retailer survey.

Total beer had a “break in the pattern” this month, contracting with a reading of 46 in June’s Beer Purchasers’ Index (BPI), according to the National Beer Wholesalers Association (NBWA).

A judge in Orange County Superior Court has approved the sale of San Diego-based Modern Times Drinks to BX MT BAMF LLC – a limited liability company connected with Anaheim, California-based Brewery X – for $20 million.

Sapporo’s acquisition of San Diego-based Stone Brewing Company will support a large expansion of the Japanese beer maker’s U.S. beer sales and production, according to a supplementary explanatory materials document filed by Sapporo Holdings.

Court records filed in the wake of last Friday’s auction for San Diego craft brewery Modern Times give a closer look at bidding play-by-play, and the tension between qualified bidders MTD Asset Acquisition and BX MT BAMF LLC. Earlier this week, MTD (the group referred to during the auction as North Carolina brewery Tru Colors), whose $20.1 million bid was not accepted as the winning bid, filed an objection to the sale of Modern Times to BX MT (an affiliate of Brewery X in Anaheim), and submitted a new bid of $21 million. MTD claims priority was given to Brewery X’s bid due to its inclusion of a shorter closing period, despite what it believes was a previous guarantee that such conditions would not be weighted in choosing a winning bid. Those efforts caused a federal judge to table a hearing Monday set to confirm the sale of the brewery.