Maine’s craft beer industry contributed more than $260 million to the state’s economy in 2017, according to a biennial economic impact study conducted by the University of Maine in conjunction with the Maine Brewers’ Guild. The report, which examined data from 2017, notes that in-state craft breweries generated more than $168 million in total revenue, while producing an estimated 319,590 barrels of beer.
Sierra Nevada Brewing Company has a new CEO. Brewery founder Ken Grossman named former chief operating officer Jeff White to the position last October, the California-headquartered brewery confirmed to Brewbound.
A century after the ratification of Prohibition, the United States Supreme Court heard oral arguments in a case that could have wide-ranging effects on the three-tier system. On Wednesday, the court heard arguments in Tennessee Wine & Spirits Retailers Association vs. Blair. At issue in the case is the constitutionality of the state of Tennessee’s two-year residency requirement for obtaining a liquor license. Additionally, the state requires a decade of residency for the renewal of liquor licenses, which expire after one year.
After a six-month search, MillerCoors has identified its next chief marketing officer. The company today announced that Michelle St. Jacques, who currently serves as the global head of brands and capabilities at The Kraft Heinz Company, would take over as CMO on February 4.
Less than a month after the signing of the 2018 Farm Bill, Canadian cannabis company Canopy Growth Corporation has announced plans to invest up to $150 million to establish its first U.S. production facility in New York state. Earlier this week, Canopy announced that the Empire State had granted it a license to begin processing and producing hemp. In a press release, Canopy said it would invest between $100 million and $150 million to build a U.S. operation in New York’s Southern Tier.
In episode 19 of the Brewbound Podcast, Josh Landan talks about his time building the Saint Archer brand and the lessons he learned as a first-time entrepreneur. He also discusses the differences between building a beer company and a non-alcoholic beverage company.
Pending approval from the Maryland Medical Cannabis Commission, Flying Dog Brewery and Green Leaf Medical Cannabis plan to release Hop Chronic IPA, the state of Maryland’s first THC-infused non-alcoholic beer.
After more than 30 years, New York’s Brooklyn Brewery will finally begin distributing its products in an ultra-competitive California craft beer market. The company will partner with Stone Distributing for coverage throughout Southern California, and DBI and Bay Area Beverage Co. for support in Northern California.
Sierra Nevada Brewing is committing at least $10 million to a new grant program aimed at providing relief to the Northern California communities affected by last November’s “Camp Fire” — the most destructive wildfire in the state’s history.
Total U.S. beer dollar sales grew to more than $35 billion in 2018, according to retail data provider IRI. The Chicago-based market research firm, which tracks category-wide sales at major off-premise retailers, reported a 1.8 percent increase in beer dollar sales, despite a 0.3 percent decline in volume sales at multi-outlet and convenience (MULC) stores (grocery, drug, club, dollar, mass-merchandiser and military) through December 30.
In this week’s edition of Last Call: The Brewers Association shares 2018 packaging trends; High Country Beverage reaches an agreement to acquire a share of a Kansas wholesaler; Allagash to can flagship White; Ballast Point sets opening date for downtown Disney taproom; and more industry news.
Kentucky’s Braxton Brewing Company has embarked on a $5 million expansion that will include the purchase of the building where its brewery is currently situated, as well as the construction of a rooftop bar and the installation of a new canning line.
Aiming to establish a deeper connection in one of the key out-of-state markets where it distributes, fast-growing Ohio brewery Platform Beer Co. has announced plans open a brewery and taproom in Pittsburgh later this year.
In episode 18 of the Brewbound Podcast, Tony Yanow discusses the circumstances that led to the sale of Golden Road, and what his goals are for the Artisanal Brewers Collective. He also talks about the state of the craft beer market, the consumer shift toward supporting hyper-local businesses, and how he evaluates beers that are sold in his pubs.
