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Three Weavers Brewing Company

Inglewood · CA · Production - Micro

Brewery news

Canarchy Strikes Again: Fireman Capital-Backed Group Picks Up LA’s Three Weavers

Canarchy Craft Brewery Collective has finalized its second deal in as many months, today announcing the acquisition of Los Angeles-based Three Weavers Brewing Company. Specific financial terms of the transaction were not disclosed, but Three Weavers co-founder Lynne Weaver described the deal with the Fireman Capital-backed brewery rollup as a “strategic partnership” that would put her company in a better position to “weather any possible economic storms.”

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General Jeff Sessions issued a memo calling for a stricter enforcement of federal marijuana laws and, in the process, rescinded Obama-era Department of Justice protections for legal cannabis that was included in the 2013 Cole Memorandum.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.