Brooklyn Brewery has taken a minority stake in Boulder, Colorado-based non-alcoholic (NA) hop tea maker Hoplark as part of a Series A funding round, the two companies announced today.
Molson Coors Beverage Company’s faith in Dwayne Johnson-backed energy drink brand ZOA is rock solid.
Non-alcohol spirits, wine and beer now have a market value exceeding half a billion dollars in off-premise channels, according to a new NIQ report on the category.
Portland, Oregon-based Rev. Nat’s Hard Cider will cease operations on September 24 after 12 years in business, according to the Oregonian. The closure comes just six months after Rev. Nat’s opened a new taproom in Southeast Portland.
Domestic tax paid shipments for July were down -8.4% versus July 2022, to 12.8 million barrels, according to the Beer Institute (BI) in its latest round of economic reports.
Mighty Swell CEO Jeana Harrington is feeling good about the future of the hard seltzer brand under new ownership. The July 28 acquisition of Mighty Swell Spiked Seltzer by a family-owned, global fruit and flavor company ended an admittedly “rough” period in which the company lacked funding to produce its products for the summer selling period.
A month after Molson Coors’ sunny Q2 earnings call with investors, CEO Gavin Hattersley gave an update on continued positive trends at the Barclays Global Consumer Staples Conference.
Before the Great American Beer Festival, Brewbound’s Brew Talks meetup in Denver will explore draft beer trends in Colorado, one of the most mature craft beer markets in the U.S.
The Brewers Association (BA) is urging breweries to submit any federal approval requests or applications ASAP over concerns of a government shutdown.
Mass. Bay Brewing is hitting the reset button on its partnership with Dunkin’ for beverage-alcohol products in Year Six. Mass. Bay co-founder and CEO Dan Kenary, CMO Val Toothman and chief growth and ventures officer Nathaniel Davis share why they moved from beer centric releases to the Dunkin’ Spiked line of hard coffees and hard teas in 2023.
The average case price for beer in grocery stores has increased +16.7% since 2019, with consumers now paying more than $4 more in 2023 than they were pre-pandemic, according to Bump Williams Consulting (BWC) founder Bump Williams in his monthly industry update.
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.
Asheville, North Carolina-based Green Man Brewing and Boone-based Appalachian Mountain Brewery’s (AMB) announced a joint venture today in which Green Man will produce AMB’s beers for distribution.
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.
