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Poll: Two-Thirds of Voters Support Extending Excise Tax Relief for Brewers

Poll: Two-Thirds of Voters Support Extending Excise Tax Relief for Brewers

A survey commissioned by the Beer Institute (BI), a national trade group advocating for the U.S. brewing industry, found that 68% of respondents were in favor of extending the federal excise tax relief that was put in place in 2017, but slated to expire at the end of the year. Quadrant Strategies conducted the survey of 1,000 legal drinking age adults for the BI earlier this month.

White Claw Maker Ups Production Facility Investments to $385 Million

White Claw Maker Ups Production Facility Investments to $385 Million

White Claw maker Mark Anthony Brands plans to spend $385 million — $135 million more than the previously projected $250 million — to build production facilities in New Jersey and at a still-undisclosed location in the western United States, founder and CEO Anthony von Mandl shared during the Beer Insights Seminar conference in New York on Monday.

Lagunitas Keeps Focus on IPA with New Campaign

Lagunitas Keeps Focus on IPA with New Campaign

Four months after joining Lagunitas Brewing Company, chief marketing officer Kelly Murnaghan has big plans for the Petaluma, California-based, Heineken-owned craft brewery.

Investment Roundup: Flying Embers-Maker Closes $25M Series B Round; Shotgun Seltzer Raises $1M

Investment Roundup: Flying Embers-Maker Closes $25M Series B Round; Shotgun Seltzer Raises $1M

Fermented Sciences, the maker hard kombucha brand Flying Embers, announced this week it has raised $25 million in a Series B round co-led by PowerPlant Ventures and Ecosystem Integrity Fund (EIF). Also, Austin, Texas-based spiked seltzer maker Shotgun Seltzer announced today it has received a $1 million investment from Unorthodox Ventures.

Artisanal Brewing Ventures to Acquire Bold Rock Hard Cider

Artisanal Brewing Ventures to Acquire Bold Rock Hard Cider

Another day, another deal. One day after New Belgium announced a proposed sale to Kirin-owned Lion Little World Beverages, rollup play Artisanal Brewing Ventures (ABV) revealed an agreement to expand its portfolio beyond beer with the planned acquisition of Bold Rock Hard Cider in Nellysford, Virginia.

Molson Coors Takes Minority Stake in L.A. Libations

Molson Coors Takes Minority Stake in L.A. Libations

Molson Coors announced today it has taken a minority ownership stake in California-based beverage incubator L.A. Libations, a move that gives the beer conglomerate access to a broad portfolio of brands as it moves to expand its play in non-alcoholic categories. Terms of the deal were not disclosed.