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Brewbound Podcast: Jester King’s Jeffrey Stuffings on Speaking Out About Anti-Drag Bill in Texas; Plus, Dave Infante of Fingers

Brewbound Podcast: Jester King’s Jeffrey Stuffings on Speaking Out About Anti-Drag Bill in Texas; Plus, Dave Infante of Fingers

Jeffrey Stuffings, co-founder of Jester King, discusses a bill in the Texas Senate that would fine businesses $10,000 for hosting “sexually oriented performances” – which includes drag events, if people under age 18 are present or on public property – and shares why the Austin, Texas-based brewery is encouraging its followers to oppose it.

Press Clips: CPI for Beer Outpaces Inflation Again; Constellation Records $66.5M Impairment Charge for Craft Business; Lazy Magnolia Gets New Owners

Press Clips: CPI for Beer Outpaces Inflation Again; Constellation Records $66.5M Impairment Charge for Craft Business; Lazy Magnolia Gets New Owners

The Consumer Price Index (CPI) for beer both at home (+6.1%) and away from home (+5.5%) outpaced overall inflation (+5%) in March 2023 compared to March 2022, according to the U.S. Bureau of Labor Statistics (BLS). Constellation Brands recorded an impairment charge of $66.5 million pertaining to what’s left of its craft beer division in its fiscal year 2023 fourth quarter, according to its most recent 8-K form filed with the U.S. Securities and Exchange Commission (SEC).

Heineken USA Launches Red Stripe Canned Rum Cocktail

Heineken USA Launches Red Stripe Canned Rum Cocktail

Heineken USA has released its first spirit-based portfolio extension of Jamaican beer brand Red Stripe with Red Stripe Rum Drinks. The canned cocktail will roll out in Florida starting today, and is set to hit select markets in the Northeast throughout the spring.

Brewers Association 2023 Industry Award Winners Announced

Brewers Association 2023 Industry Award Winners Announced

The Brewers Association (BA) has announced its 2023 Industry Award recipients, all five of whom have had an “immeasurable impact” on the craft brewing industry, BA president and CEO Bob Pease said in a press release.

Heineken USA Cutting Draft Sales from 5 States for 12 Months

Heineken USA Cutting Draft Sales from 5 States for 12 Months

Heineken USA (HUSA) will halt shipments of all draft products to five states for the next year, a company spokesperson told Brewbound. Those states include Vermont, Wyoming, Montana, North Dakota and South Dakota. The Lagunitas brand, which Heineken wholly acquired in May 2017, is excluded from the draft cuts.

February Tax Paid Beer Shipments +5.1%; YTD Shipments to Wholesalers +0.2%

February Tax Paid Beer Shipments +5.1%; YTD Shipments to Wholesalers +0.2%

U.S. brewers shipped approximately 11.4 million barrels of beer in February, returning to pre-pandemic levels after “two unusual years of swings,” according to Beer Institute (BI) VP of research Danelle Kosmal, citing numbers from the Alcohol and Tobacco Tax and Trade Bureau (TTB).

Dokkaebier Acquires Oakland’s Federation Brewing

Dokkaebier Acquires Oakland’s Federation Brewing

Dokkaebier, the Northern California brand inspired by Asian culinary ingredients, has its first brick-and-mortar location after acquiring Oakland-based Federation Brewing last week. “Definitely, it gives us a lot of opportunity to see a lot of customers in person,” Dokkaebier founder and CEO Youngwon Lee told Brewbound. “I think it is very critical to have customers… Read more »