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Modern Times Beer

San Diego · CA · Production - Large

Brewery news

To Better Serve Small Brands, Massachusetts Beverage Alliance Launches ‘Homegrown Distribution’

Massachusetts Beverage Alliance (MBA) today announced the official launch of Homegrown Distribution, a boutique wholesaler focused on overlooked craft brands not currently getting enough attention from a network of five pre-existing wholesale partners across the state. As an offshoot of MBA, Homegrown Distribution will assume statewide sales and delivery responsibilities for several brands.

News and Notes from the California Craft Beer Summit

Thousands of California beer industry professionals met in Sacramento last week for the California Craft Brewers Association annual three-day Craft Beer Summit, Expo and Beer Festival. As an official media partner of the event, Brewbound hosted 10 hours of live streamed interviews, and sat in on a variety of seminars during the show. Here’s what we learned.

Modern Times Announces Plans for Santa Barbara Taproom

Santa Barbara has long been one of our favorite leisure destinations, sporting breathtaking scenery, a super rad downtown area, and an extremely solid contingent of Modern Times homies and League members. That’s why we’re decidedly thrilled to announce the addition of our very own restaurant and tap room to this jewel of the California coast.

California Beer Industry Reacts to Start of Recreational Cannabis Sales

Three days after sales of recreational cannabis began in California, U.S. Attorney General Jeff Sessions issued a memo calling for a stricter enforcement of federal marijuana laws and, in the process, rescinded Obama-era Department of Justice protections for legal cannabis that was included in the 2013 Cole Memorandum. Brewbound polled beer industry professionals from all three tiers, and most suggested that legalized recreational marijuana would have little impact on beer sales.

Modern Times ESOP Gives 30 Percent of Company to Employees

Modern Times Beer Co. today announced the implementation of an employee stock option plan (ESOP), giving workers a minority ownership stake in the company. In order to form the ESOP, Modern Times repurchased 30 percent of its total equity from 11 silent investors via a bank loan from Comerica and cash from the company.