Montauk will expand into two new states and fill out its existing footprint in New York and New Jersey over the next couple months, the New York-based craft brewery’s first expansion moves since being acquired by global cannabis firm Tilray.
A leaked Amazon confidential 2021 document shows that the e-commerce Goliath wanted to grow its alcohol sales by covertly lobbying to change liquor laws, Vice reported late last week.
U.S. brewers shipped more than 11.1 million barrels of product in January 2023, a decline of -4.4% year-over-year (YoY), according to the Beer Institute (BI), citing domestic tax paid shipment estimates from the Alcohol and Tobacco Tax and Trade Bureau (TTB).
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.