Weathered Souls Seeks Equity Partner to Take Over Co-Founder’s Majority Share

Weathered Souls Seeks Equity Partner to Take Over Co-Founder’s Majority Share

The craft brewery that led the Black is Beautiful charitable beer initiative is seeking a new equity partner to buy out one of its co-founders and take a majority stake in the business. Weathered Souls Brewing Company co-founder Mike Holt is seeking an exit from the San Antonio craft brewery that he helped found with Marcus Baskerville in 2016.

CGA: On-Premise Velocity Flat Year-Over-Year in Last 12 Weeks

CGA: On-Premise Velocity Flat Year-Over-Year in Last 12 Weeks

Despite some ebbs and flows, on-premise sales velocity over the last 12 weeks (ending August 26) has remained flat versus the same period in 2022, according to CGA, a NIQ-powered on-premise market research firm.

Exile Brewing’s Swarm NIL Beer Sells 20,000 cases in 2 Months

Exile Brewing’s Swarm NIL Beer Sells 20,000 cases in 2 Months

As the college football season officially kicks off, Exile Brewing’s Swarm golden ale – a beer collaboration with the Swarm Collective, a 501(c)3 non-profit that supports University of Iowa athletes via name, image and likeness opportunities (NIL) – has sold 20,000 cases in its first two months in market.

BrewDog Reorganizes U.S. Sales Team; Will Expand Non-Alc Business in 2024

BrewDog Reorganizes U.S. Sales Team; Will Expand Non-Alc Business in 2024

BrewDog USA has announced a reorganized sales team structure ahead of 2024. The U.S. branch of the Scotland-headquartered craft brewery will transition from a regional sales structure to a “more streamlined, divisional structure” with three divisions – Central, East and West – effective November 1, according to a press release.

Canelo RTD Steps Into the Ring, Backed By Spirit of Gallo

Canelo RTD Steps Into the Ring, Backed By Spirit of Gallo

The company behind leading ready-to-drink cocktail High Noon is bringing out a new contender: VMC, a tequila-based canned cocktail born from a partnership between world champion boxer Saúl “Canelo” Álvarez, Spirit of Gallo, and Casa Lumbre is set to release next month, the company announced today.