Craft beer industry news.
Tilray Brands’ approved reverse stock split is set to take effect Monday afternoon following the close of the market, the company announced last week. The 1:10 reverse split will reduce the number of shares of common stock of Tilray from 1.16 billion to 116 million.
Spirits and wine ready-to-drink (RTD) suppliers are likely feeling the holiday cheer as they bucked declines across categories for the two-week period ending November 15, according to analysis of NIQ data from Goldman Sachs Equity Research.
Check out new products from Notch, Stem Cider and Sierra Nevada, initially reported in the Brewbound Insider Newsletter.
The Brewers Association’s (BA) biennial Salary and Benefits Benchmarking Report is back, with wage and responsibility information representing more than 7,000 employees across the craft brewing industry. The BA surveyed 92 small and independent breweries, gathering information on 67 jobs.
Check out news items initially reported in the Brewbound Insider Newsletter November 20-26, including headlines from Rogue, Tilray, Molson Coors, Firestone Walker and more.
Recycled toilet water, your time is up. The craft beer business has moved on to more artisanal sources for brewing water – recycled shower and laundry water!
If you’re a ready-to-drink or spirits company taking marketing cues from CPG, you may be doing it wrong.
Smog City Brewing co-founder Laurie Porter is a prepper. Even during craft’s days of double-digit growth in the middle 2010s, Porter, who calls herself “an incurable optimist,” was eyeing a future when that growth wouldn’t be there.
Torch & Crown Brewing has shuttered its flagship location in Manhattan’s SoHo neighborhood after five years in business, after receiving an eviction notice from its landlord last month.
Wholesalers remain in a holding pattern to avoid end-of-year overstocks, according to the latest Beer Purchasers’ Index (BPI) from the National Beer Wholesalers Association (NBWA).
Rogue Ales & Spirits, one of the country’s largest craft breweries by volume, filed for Chapter 7 bankruptcy Monday, citing more than $16.7 million in debts.
Anheuser-Busch InBev’s will-they, won’t-they $700 million acquisition of party punch maker BeatBox is still awaiting an answer. However, Dan Wandel, Bump Williams Consulting chief strategy officer, indulged what a combination of the two companies would mean for high ABV (8% and up) and flavored beverage-alcohol.
Five Boroughs Brewing will shutter its taproom in Brooklyn’s Sunset Park neighborhood next month, parent company Barrel One Collective announced Monday. The company cited the brewery’s lease ending as the reason for the closure and emphasized that a search for a new home is underway.
After ranking as the eighth-largest craft brewery by volume in 2024, Athletic Brewing Company is on pace to cross the 500,000-barrel threshold by the end of 2025.
