Constellation Brands has acquired a minority stake in TÖST, an alcohol-free sparkling beverage brand, the company announced yesterday.

The whirlwind that is the Craft Brewers Conference is finally over. Through a haze of honky-tonks and jet lag, I’m still unpacking the week of beer business talk in Nashville.

Molson Coors will cross the Chicago River next summer when its global headquarters moves to a new location at 320 S. Canal Street.

This week’s Brewbound Podcast rebroadcasts two Brew Talks conversations from the 2023 Craft Brewers Conference. The first is an introduction to the National Black Brewers Association, a newly formed trade group. Then, three brewery leaders share their experiences with expanding their taproom presences in out-of-state markets.

The rights to 15 brands will change hands from Richmond, California-based Bay Area Distributing to Antioch-based Markstein Sales Company.

The Consumer Price Index (CPI) for beer both at home (+5.9%) and away from home (+5.1%) outpaced overall inflation (+4.9%) in April 2023 compared to April 2022 for another consecutive month, according to the U.S. Bureau of Labor Statistics (BLS).

Full Pour, a business-centric gathering, will join the Brewers Association’s (BA) lineup of events when it debuts next month in San Diego.

Luxco, Inc., a subsidiary of Indiana-based whiskey giant MGP Ingredients, has acquired Penelope Bourbon for $105 million upfront, the company announced Monday. The deal also includes a maximum potential payout of $110.8 million by the end of 2025 if “certain performance targets” are achieved.

Brewers Association (BA) government affairs leaders Marc Sorini and Katie Marisic laid out the state of play at the state and federal level earlier this week during the Craft Brewers Conference in Nashville.

Brewers Association (BA) general counsel Marc Sorini previewed the trade organization’s upcoming comments on modernizing trade practice regulations during the Craft Brewers Conference in Nashville on Monday.

While Brewers Association (BA) chief economist Bart Watson warned of continued craft declines during his keynote speech Monday at the Craft Brewers Conference (CBC), BA president and CEO Bob Pease shared a message of optimism while on stage in Nashville.

To find out the top trends in beverage alcohol, we chatted with Scott Scanlon, executive vice president of beverage alcohol at Circana, about some of the bigger trends for producers that emerged from this year’s report including who is drinking RTDs, how the stalled on-premise rebound impacts trial and why premiumization has staying power.

After one month in the black, domestic tax paid shipments from U.S. breweries dipped into the red again with a -2.3% decline in March 2023, according to the Beer Institute (BI), citing numbers from the Alcohol and Tobacco Tax and Trade Bureau (TTB).

The craft brewing industry has entered a “new normal” of slow to no growth, Brewers Association (BA) chief economist Bart Watson shared during the keynote speech of the 2023 Craft Brewers Conference in Nashville.