Uber Completes $1.1 Billion Acquisition of Drizly
Uber has completed its acquisition of the alcohol delivery platform Drizly for $1.1 billion, consisting of 18.7 million shares of Uber common stock, plus cash.
Uber has completed its acquisition of the alcohol delivery platform Drizly for $1.1 billion, consisting of 18.7 million shares of Uber common stock, plus cash.
On-Premise Update: Seasonal Trends Mirror 2019, CGA Says; Volume, Rate of Sale Continue to Growth, Via BeerBoard
Neighbors of Tree House Brewing Company’s Cape Cod taproom and the company have reached an agreement about on-site operations, according to a report in the Cape Cod Times.
Executives of the global cannabis firm Tilray were optimistic about the company’s growth regardless of federal legalization in the U.S., during Tilray’s first quarter 2022 earnings call Thursday.
Constellation Brands executives addressed hard seltzer’s slowing sales during the company’s second quarter 2022 earnings call today, and assured investors and analysts that the success of its core beer brands would still drive growth. Here are some of the highlights of the discussion: Company Not Reliant on Hard Seltzer Constellation president and CEO Bill Newlands… Read more »
Massachusetts-based Willie’s Superbrew has hired former-New Belgium CMO Greg Owsley as its first chief brand officer (CBO).
Anheuser-Busch InBev (A-B) is exploring selling some of its German beer brands, valued at $1.2 billion, Bloomberg reported Monday, citing “people familiar with the matter.”
Cannabis sales in the U.S. are predicted to surpass $24 billion this year, a growth of 38% compared to 2020, according to BDS Analytics (BDSA), a Colorado-based global cannabis market research firm.
Jack’s Abby Craft Lagers must continue to sell its products to Atlantic Importing and Distributing of Rhode Island as the lawsuit between the two moves to trial, a Rhode Island Superior Court judge ruled Thursday.
Austin, Texas-based hard seltzer maker Mighty Swell has appointed Jeana Harrington as its new CEO.
Boston Beer Company is opening a Truly Hard Seltzer taproom in Downtown Los Angeles early next year.
Gen Z consumers care less about who you are, and more about what you do. And any form of inauthenticity or surface-level activism will be called out immediately, the second round of Brew Talks panelists agreed.
Anheuser-Busch InBev’s (A-B) Cacti Agave Spiked Seltzer is facing a proposed class action complaint that claims the brand misled consumers to believe Cacti contained agave spirits, rather than agave sweetener.
Ball Corp., the leading U.S. manufacturer of metal packaging for beverages, will build a $290 million aluminum beverage packaging plant in North Las Vegas, Nevada, with plans to begin production in late 2022, the company announced Thursday.