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Craft beer industry news.

Monster: Pricing +6% In September; FMBs In the Works and Spirits-Based RTDs Under Consideration

Monster: Pricing +6% In September; FMBs In the Works and Spirits-Based RTDs Under Consideration

Monster Beverage Corp. plans to introduce three to four alcoholic beverage brands over the next few quarters, some of which will use brand names acquired from CANarchy and some that will be developed in-house. That slate may not include hard seltzer, as the company playing in the broader FMB space and, potentially, spirit-based RTD canned cocktails.

Introducing Top Dog Cocktails

PAWS UP, PHILLY! With the explosion of ready-to-drink cocktails (RTD), Joanna Manzo and Matt Satten of Philadelphia were approached by a private investment group to combine their 25+ years in the industry to get a “high-end” RTD cocktail in the hands of the people.

Diversity in Spirits: Black Spirit Owners Look to the Past and the Future to Build Legacy Businesses

Diversity in Spirits: Black Spirit Owners Look to the Past and the Future to Build Legacy Businesses

Last week, premium whiskey Uncle Nearest announced its third in a series of investments designed to create a tangible shift in the funding inequities for BIPOC-owned businesses. It comes at a time when other Black founders and business leaders are also making strides to celebrate Black people’s historical contributions to spirits and build more Black-owned legacy beverage businesses.