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.
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 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.
Bell’s has expanded distribution into Alaska, Idaho, Oregon, Utah and Washington, leaving Hawaii as the only state where drinkers can’t get Two Hearted IPA or Oberon Ale.
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.
Deschutes Brewery is moving production of its non-alcoholic beer in-house with an investment in Sustainable Beverage Technologies’ BrewVo equipment at its production facility in Bend, Oregon.
Canadian cannabis company Hexo Corp, a former partner of Molson Coors, has been acquired by Tilray Brands, in a deal valued at around $250 million, the company announced yesterday in its Q3 earnings report.
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.
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, 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 »
Lawson’s Finest Liquids is continuing to build its Sunshine family. The latest addition to the family is Hazy Rays IPA, a 5.3% New England IPA, available starting this week in 16 oz. can 4-packs, 12 oz. can 12-packs and on draft across the company’s nine-state footprint.