Virginia brewers are one signature away from being able to self-distribute their beer in state. The Beer Industry Limited Distribution Act (House Bill 2258) passed the state Senate last week and has been sent to Gov. Glenn Youngkin’s desk. It would allow breweries to self-distribute up to 500 barrels annually.
21st Amendment Brewery has “reimagined” its 120,000 sq. ft. production facility in San Leandro, California, into a canned beverage co-packing facility capable of producing beer, non-alcoholic beer, FMBs, seltzers, canned cocktails, energy drinks, juices, sodas and more, the company announced this week.
Craft brewers have been living in turmoil for a few years now. Slowing growth, increasing competition, a pandemic, shifting consumer focuses, a consolidating middle tier, shrinking retail shelf space, supply chain turmoil, inflation, layoffs, increased minimum wage, skyrocketing rents have all taken a toll. So craft brewers continue to try to figure it out.
The Lost Abbey will vacate its original San Marcos, California, space and embark on its next journey via either contract brewing or forming an alternating proprietorship.
Captain Lawrence Brewing and U.S. Beverage (USB), the portfolio company and importer that acquired Uinta Brewing via a joint venture in early 2022, have formed a sales and marketing partnership, both companies announced this week.
The end of 2022 delivered a soft finish for the world’s largest beer manufacturer. In the U.S., Anheuser-Busch InBev’s depletions (sales-to-retailers) and shipments (sales-to-wholesalers) declined -7.6% and -8.6%, respectively.
Brewbound’s first Brew Talks meetup of 2023 will take place in Nashville during the Craft Brewers Conference on Sunday, May 7. Tickets are available now, with some of the proceeds benefiting the Tennessee Craft Brewers Guild.
After a rough week for craft breweries acquired by Anheuser-Busch, the Brewbound team discusses the fallout of the world’s largest beer manufacturer shuttering operations of Platform Beer Co. in Ohio and layoffs conducted at other Brewers Collective brands.
Monster Beverage Corporation reported net sales growth of 13.9% to $6.31 billion – up from $5.54 billion the year before – in its Q4 and full year 2022 earnings report yesterday. The results arrive as the company pushes forward with its expansion into new beverage categories, including alcohol.
Hard MTN Dew, the flavored malt beverage (FMB) from Boston Beer Company and PepsiCo, is expanding its lineup for the first time since launching with Livewire, an orange citrus flavor inspired by the soft drink flavor of the same name.
When the Finnish Long Drink entered the U.S. market in 2018, it’s likely few Americans had heard of Finland’s national drink, a grapefruit and gin highball. But in not too long of a time, the company has made its version of the Finnish staple the eighth highest-selling ready-to-drink in the U.S., according to 3 Tier Beverages and NielsenIQ.
Molson Coors has created a new commercial division for the U.S. and Canada that chief marketing officer Michelle St. Jacques will lead as chief commercial officer effective March 1, the company announced.