In this edition of Press Clips: BrewDog revenues increase 55 percent in 2017; a federal judge rules against brewery to-go sales in Texas; two A-B High End craft breweries release Yankees and Nationals branded beers; and much more.

The slowdown in craft beer category growth has undermined an investment and created tension between the founder of a prominent Texas brewery and his newest partner. After initially agreeing to purchase a majority interest in fast-growing, Dallas-based Deep Ellum Brewing, Storied Craft Breweries, an upstart growth capital group, paid penalties to back out of the full investment, saying it has altered its strategy in light of slowing craft growth trends.

In an effort to combat the influence Texas wholesalers wield with local lawmakers, the state’s craft brewers guild has launched its own political action committee, called CraftPAC. In a press release, the Texas Craft Brewers Guild said the goal of CraftPAC would be to overturn “archaic, anti-competitive beer laws” that have “had a chilling effect on the industry’s growth.”

In this week’s edition of Last Call: A-B InBev acquires another Australian craft brewery; excise tax cuts inch closer to passage in the U.S. Senate; A-B defends pay-to-play allegations in Massachusetts; and much more.

On this latest episode of Taste Radio, Brewbound assistant editor Justin Kendall and BevNET managing editor Ray Latif talk with Reardon, who also serves as the CEO of Deep Ellum. During the interview, Reardon explains how he got into the craft beer business, discusses his plans for growth and why he thinks Deep Ellum can become a “dominant” regional craft brewery.

In a clear win for beer distributors, the Texas Senate yesterday voted 19-10 in favor of a bill that, if signed by Governor Greg Abbott, would require breweries making more than 225,000 barrels annually to repurchase their own product from wholesalers in order to continue selling beer for on-premise consumption at their taprooms.

Following a multi-million dollar investment by Storied Craft Breweries last December, Texas’ Deep Ellum Brewing grew shipments by 50 percent during the first quarter of 2017, the company told wholesalers earlier this month. “As a collective force, we are kicking ass,” wrote brewery founder John Reardon.

Fort Lauderdale-based investment banking firm, Farlie Turner & Co., is pleased to announce that it served as an advisor to Storied Craft Breweries, LLC (“SCB”) on its investment in Deep Ellum Brewing

Texas’ Deep Ellum Brewing has sold a majority stake to Storied Craft Breweries, an upstart growth capital group founded by the creators of Effen Vodka and led by beer industry veterans Steve Berg and Adam Lambert. Under the deal, Storied Craft Breweries will acquire a 56 percent stake in Deep Ellum, one of the fastest growing craft breweries in Texas, at least in part by buying out more than 20 minority partners from earlier investment rounds. The brewery will also receive $8 million in growth capital.

Deep Ellum – it’s not just our name, it’s our home. And we chose this place for a reason. It’s loud, energetic and a hotbed for great artists and musicians (… rich in culture). We’re proud of our roots. We’re also proud to push the boundaries, and we are here to announce our expansion continues! Beginning March 2016, DEBC will begin distributing year-round favorites and seasonal brews statewide.

This is Hop Seeker, the 1st installment of our quarterly IPA series. Hop Seeker is a 100% wet hop ale, meaning we used fresh cut Centennial hops in the initial boil and will use fresh cut Equinox hops in the dry hop!

On Monday, the Dallas-based brewery filed a lawsuit against the Texas Alcoholic Beverage Commission (TABC), challenging the constitutionality of a state law that prohibits licensed breweries from selling beer to go from the point of production. Currently, wineries, distilleries, and even brewpub restaurants can legally sell their wares for off-premise consumption.

The Hyatt Regency Dallas at Reunion announces a new craft brewery package, making it easier for guests to enjoy one the city’s fastest growing trends. The hotel has partnered with two local breweries, Texas Ale Project and Deep Ellum Brewing Company, to provide visitors with an authentic Dallas craft beer experience.

Jameson Irish whiskey announces today the next phase of the Jameson Drinking Buddies program, highlighting distinct craft beer collaborations with American breweries. Continuing on last year’s successful collaboration with KelSo Beer Company of Brooklyn, Jameson is partnering with five local breweries from across the US who exemplify devotion to the spirit of their neighborhoods and share Jameson’s passion for craft & quality in the beer they produce.