Canarchy Craft Brewery Collective

Proprietor

Brewery news

Monster Executives Discuss CANarchy Acquisition and Forthcoming Hard Seltzer Brand

Monster Beverage Corporation co-CEOs Rodney Sacks and Hilton Schlosberg discussed their company’s acquisition of the CANarchy Craft Brewery Collective and shed light on Monster’s aspirations in the beverage-alcohol space during a conference call for investors Thursday evening following news of the sale. “We’ve been evolving a strategy to enter the alcoholic beverage market and this is, we believe, our best strategy of achieving this objective,” Schlosberg said.

CANarchy’s Winding Road of Control Prior to Monster Sale

Whispers of the CANarchy Craft Brewery Collective’s potential sale have circulated through the industry’s rumor mill for the last few years before finally becoming a reality with today’s announced agreement to sell to energy drink maker Monster for $330 million in cash. Those whispers were the smoke to the fire of the craft brewery rollup being shopped to potential buyers. The seller’s identity though was not be the one everyone associates with CANarchy’s ownership.

Wall Street Analysts React to Monster’s Deal for CANarchy

Financial services firms have responded positively to the news of energy drink maker Monster Beverage Corporation striking a deal to acquire the CANarchy Craft Brewery Collective. “Overall we view this transaction as a strategic positive as it is 100% incremental to Monster’s existing business and should function as a springboard for Monster to enter the alcoholic beverage sector as CANarchy is the sixth largest craft brewer in the U.S. with seven distinct brands,” Goldman Sachs equity research analyst Bonnie Herzog wrote.

CANarchy to be Sold to Monster Beverage Corporation in $330M Deal

Energy drink maker Monster Beverage has reached “a definitive agreement” to acquire the CANarchy Craft Brewery Collective for $330 million in cash, the company announced today. The all cash deal is expected to close in the first quarter of 2022, pending “customary closing conditions, including regulatory approvals.” The acquisition will give Monster a foothold in… Read more »

Lynne Weaver to Buy Back Three Weavers From CANarchy

Craft rollup CANarchy Craft Brewery Collective and Three Weavers Brewing Company founder Lynne Weaver have reached an agreement in which Weaver and her investment group will reacquire the Inglewood, California-based craft brewery, the company announced today.

Oskar Blues’ Barrel-Aged Series Back in 2021 with BA21 Vol. 5 Up First

Oskar Blues Brewery’s barrel-aged series returns in 2021 with BA21 Volume 5 (13.3% ABV). This gigantic bourbon barrel-aged stout, infused with a custom coffee roast and premium vanilla, is now available for a limited time in select markets on draft and in 4-packs of 12 oz. cans.

Perrin Announces No Rules Day 2021 Vietnamese Imperial Porter

Perrin Brewing Company announces the annual release of No Rules Vietnamese Imperial Porter. No Rules Day is one of the Perrin team’s favorite days of the year and they are pleased to keep the tradition going, even if the celebration cannot be fully in person. Online ordering of the esteemed beer will take place for one day only, April 10, from 11 a.m. to 4 p.m.

Cigar City Brewing Announces Tampa Bay Beer Week Special Events

Cigar City Brewing (CCB), Florida’s premier craft brewery, has announced their schedule of events to take place during Tampa Bay Beer Week (TBBW). Starting Monday, March 8, at the brewery’s Spruce Street Taproom, CCB will create an outdoor biergarten, release new beers, host sampling events and tap rare and innovative beers each day.