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Craft beer industry news.

CANarchy to be Sold to Monster Beverage Corporation in $330M Deal

CANarchy to be Sold to Monster Beverage Corporation in $330M Deal

Energy drink maker Monster Beverage has reached “a definitive agreement” to acquire the CANarchy Craft Brewery Collective for $330 million in cash, the company announced today. The all cash deal is expected to close in the first quarter of 2022, pending “customary closing conditions, including regulatory approvals.” The acquisition will give Monster a foothold in… Read more »

Chuckanut Releases Single Hop Lager Adeena

Chuckanut Brewery is constantly learning about the ingredients it uses and the Single HopLager series is an effort to understand how different hop varietals change a simple lager recipe.

IRI: Off-Premise Beer Category Dollar Sales Reach $44.3B in 2021

IRI: Off-Premise Beer Category Dollar Sales Reach $44.3B in 2021

Total beer dollar sales in off-premise retailers reached nearly $44.3 billion in 2021, according to market research firm IRI. IRI, which tracks category-wide sales at major off-premise retailers, reported a -0.4% decline in off-premise spending compared to the same period in 2020, which ushered in massive shifts in consumer spending and behavior due to the COVID-19 pandemic.

Lawson’s Finest Debuts 2022 Beer Release Calendar

Craft beer fans across the Northeast are anticipating the return of their favorite Lawson’s Finest Liquids with the announcement of the brewery’s year-round distribution calendar.

Former Green Flash San Diego Brewery For Sale

Former Green Flash San Diego Brewery For Sale

The former owners of Green Flash Brewing have put the San Diego brewery and its equipment up for sale as a turnkey operation.

Convenience Chain Foxtrot Raises $100M for Expansion

Convenience Chain Foxtrot Raises $100M for Expansion

FoxTrot believes convenience stores and corner markets need a makeover, and now it has more cash to make that a reality. The retailer announced Tuesday that it has raised $100 million to help expand into new markets and to invest into its e-commerce business.

Montauk Brew Barn Series Coming in February

Montauk Brewing Company is transitioning the name for their LTO release program from the Ocean Series to the Montauk Brew Barn Series starting next month.

E-Commerce Alcohol Sales Hit $6.1B in 2021; Online Beer Sales Reached $960M

E-Commerce Alcohol Sales Hit $6.1B in 2021; Online Beer Sales Reached $960M

Online sales of beverage alcohol reached $6.1 billion in 2021 and have more than doubled their share of all off-premise dollar sales since 2019, according to a new report from Rabobank beverages analyst Bourcard Nesin. E-commerce sales of beer, wine and spirits accounted for 4% of total category off-premise sales in 2021, up from nearly 1.9% in 2019.