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Craft beer industry news.

Asahi Leader Discusses Octopi Deal, Goal of 850K+ Barrels Produced

Asahi Leader Discusses Octopi Deal, Goal of 850K+ Barrels Produced

Japanese brewing giant Asahi aims to reach 1 million hectoliters – more than 850,000 barrels – in production in the medium-term following its acquisition of Wisconsin contract producer Octopi Brewing. Victoria Segebarth, managing director of EMEA & Americas at Asahi Europe & International, discussed the company’s plans for Octopi’s facility in Waunakee, Wisconsin, the acquisition… Read more »

Portico Brewing Shares 2023 Environmental Handprint Results

Portico Brewing Company has published its inaugural Environmental Handprint Report, documenting decreased emissions, a reduction in taproom waste, implementation of a taproom reusables program, and a variety of charitable giving and volunteering collaborations with local environmental non-profit groups.

Tröegs Releases Nugget Nectar

Tröegs Independent Brewing announces the release of its once-a-year favorite, Nugget Nectar. Excessively dry-hopped, this Imperial Amber Ale celebrates the arrival of “fresh-off-the-bine” Nugget hops from the brewery’s annual trek to the Pacific Northwest for hop selection.

Tilray Bev-Alc Division Reports +117% Revenue Growth in Q2; Gross Margin Down -13%

Tilray Bev-Alc Division Reports +117% Revenue Growth in Q2; Gross Margin Down -13%

The beverage alcohol division of Canadian cannabis giant Tilray grew revenue +117%, to $46.5 million, in the second quarter of the company’s fiscal year compared to the same quarter last year, the company reported Tuesday. However, the division’s gross margin declined -13% year-over-year (YoY), to 34%, in the quarter, driven by Tilray’s acquisition of eight… Read more »