BrewDog

Nearly a year after launching its “Equity for Punks” USA crowdfunding scheme, Scottish craft beer company BrewDog PLC has announced that it raised $7 million, falling considerably short of a stated $50 million target.

In this week’s edition of Last Call: BrewDog vows to build a border bar; Minhas sues big beer; Yazoo Brewing offers its brewery and taproom property for sale; and more.

In this week’s Last Call: Alcohol suppliers agree to pay millions in penalties in Pennsylvania; Total Wine scores a win in Massachusetts; Dixie Brewing announces plans to return to New Orleans; and BrewDog declares Australian interest.

Scottish craft beer maker BrewDog has tapped an industry outsider to lead the company’s U.S. operations. BrewDog last week announced the hiring of Tanisha Robinson as managing director.

The self-proclaimed “punks” behind Scottish craft beer maker BrewDog have sold a 22 percent stake to TSG Consumer Partners, a San Francisco-based private equity firm with existing investments in Pabst and Sweetwater Brewing. The roughly $265 million deal, which values the company at more than $1.2 billion, according to BrewDog founder James Watt, will include $124 million of reinvestment into continued expansions in the U.S. and abroad.

Scottish craft beer innovator BrewDog has upped the ante with its latest powerfully hopped product: a 22% miniature hit of hops sold in 100ml bottles designed and manufactured by Beatson Clark. ​Hop Shot is described by BrewDog as “a high-velocity hop hit” and is achieved through ice distillation, which concentrates strength and flavour by removing the ice that forms during the brewing process.

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In this week’s edition of Last Call: Sierra Nevada will introduce the “Beer Camp Across the World” variety pack in June, BrewDog is planning to open its first U.S. brewpub this month and Hitachino Nest Beer is opening a restaurant in San Francisco during SF Beer Week.

In this week’s edition of Last Call: Finch Beer strikes a deal for a Chicago brewery; BrewDog hires a former Wicked Weed sour brewer and Starbucks ends its “evenings” program.

Less than one week after BrewDog founders James Watt and Martin Dickie announced plans to gamble investors’ money at a roulette table, the Scottish craft beer entrepreneurs appear to have temporarily pulled the plug on the stunt. “The powers that be don’t seem to like gambling as much as we do,” BrewDog wrote in a blog post on the brewery’s website. “We are in discussions regarding the future of BrewDog’s Big Bet. Stay tuned for further updates.”

If Wesley Snipes were an investor in BrewDog, he’d probably give anyone considering the Scottish craft beer maker’s latest stunt a word of advice: always bet on black. BrewDog co-founder James Watt announced “BrewDog’s Big Bet” on Wednesday — a double-or-nothing bet of Equity for Punks USA investors’ money at a roulette table once its crowdfunding campaign concludes in February 2017. The event will be streamed through BrewDog’s Facebook site.

In this week’s edition of Last Call: the saga of MegaBrew is almost MegaThrough; Drizly launches its new online marketplace and Southern Oregon Brewing shuts its doors.

Irreverent Scottish brewer, BrewDog is introducing its infamous 55 percent alcohol by volume (ABV) brew, The End of History, to the U.S. market at a key moment for the craft beer industry. Ohio House Bill 37 went into effect this week, removing the 12 percent ABV limit on beers both made and sold in the state where BrewDog is establishing its U.S. brewery later this year. BrewDog is celebrating this historic limit lift in its hallmark irreverent fashion by sharing the record-breaking brew as an exclusive perk to investors that pledge $20,000 or more to its unique Equity for Punks USA crowdfunding model.