The Brewbound team breaks down the latest headlines, including Ken Grossman’s return to Sierra Nevada as interim CEO, Bayou City Hemp’s acquisition of 8th Wonder in Houston, and Wall Street analysts’ survey of distributors that paint a bleak picture for Bud Light.
Firestone Walker is rolling into summer with limited-edition releases of Another Life and Mystic Shadows, two new treasure beers available exclusively in the brewery’s second round of IPA Mixed Packs for 2023.
Ohanafy, the leader in craft beverage management software, is thrilled to announce the successful completion of its latest capital raise, securing $2.8 million in funding.
Steve Fechheimer, who led New Belgium Brewing Company to unprecedented growth, will depart the company in August after six years to “explore new challenges.”
The wheeling and dealing between Classic Beverage and Scout Distribution continues in California. Classic Beverage of San Diego announced a deal on Friday to acquire Scout Distribution’s business in San Diego. Financial terms of the transaction were not disclosed, but the deal is expected to close by August 11, pending supplier approvals.
Breakthru Beverage Group and Happy Dad Hard Seltzer announced that they have partnered in two new markets—Missouri and Wisconsin—to expand Happy Dad’s reach to more Midwest consumers.
Saucy Brew Works is delighted to unveil the highly-anticipated grand opening of its newest location situated at the esteemed Bayshore Resort in Put-In-Bay, Ohio.
Sanitas Brewing Company, the award-winning brewery that has been a mainstay on the competitive Colorado craft beer scene for nearly a decade, has announced that it will expand its footprint on the Front Range with a second tap room with an adjoining outdoor patio in Englewood. Grand Opening weekend is set for Friday, June 23 through Sunday, June 25 from 12pm – 10pm.
After an explosive few years, the ready-to-drink rise is showing signs of moderating but larger formats of pre-mixed cocktails may be an emerging growth opportunity, according to NIQ during the company’s C360 conference yesterday.
As the summer selling season takes hold, Dogfish Head is releasing a trio of offerings in its strongest markets, including one that will stick around year-round. Co-founder Sam Calagione shared details of Dogfish Head’s solo releases with Brewbound, joined by Talea Beer Co. founders LeAnn Darland and Tara Hankinson to discuss the second year of the trio’s ongoing bodega-inspired collaboration.
An estimated 15.9 million barrels of beer and malt products were shipped to wholesalers in April, a -4.5% decline (or -741,163 barrels of beer) versus April 2022, Beer Institute (BI) VP of research Danelle Kosmal reported in the trade group’s monthly economic report.
The Lagunitas Brewing Company, the OG of IPA that has a rich, history of hop-forward and innovative craft brews, and Toast Ale, an organization that makes planet-saving beer brewed with surplus bakery bread, have collaborated with local Alvarado Street Bakery to create the exclusive, limited-edition brew – The Toast of Petaluma.