Lagunitas Sells 50% Stake in Moonlight Brewing to Patrick Rue

Lagunitas Sells 50% Stake in Moonlight Brewing to Patrick Rue

Heineken-owned Lagunitas Brewing Company has closed on the sale of its 50% stake in Santa Rosa, California-based Moonlight Brewing Company to Patrick Rue, the founder of Orange County’s The Bruery and owner of Erosion Wine Co. in St. Helena, California.

Last Call: Athletic Brewing Now B-Corp Certified; Minnesota Growler Bill Passes House

Last Call: Athletic Brewing Now B-Corp Certified; Minnesota Growler Bill Passes House

Athletic Achieves B-Corp Status Non-alcoholic beer maker Athletic Brewing Company has achieved Certified B Corporation status, which the organization says means a “business is meeting high standards of verified performance, accountability, and transparency on factors from employee benefits and charitable giving to supply chain practices and input materials.” “Being able to identify as a B… Read more »

Instacart Files Confidentially to Go Public

Instacart Files Confidentially to Go Public

Delivery service Instacart announced late yesterday that it has confidentially filed a draft registration statement with the Securities and Exchange Commission (SEC) to go public. The announcement comes after the company slashed its valuation and other companies are postponing their own IPOs.

Consumer Price Index For Beer +5% in April 2022

Consumer Price Index For Beer +5% in April 2022

The price of beer — like most goods — is on the rise. The Consumer Price Index (CPI) for beer increased +5% in April, the U.S. Bureau of Labor Statistics reported Wednesday.

Brewbound Podcast: That’s a Wrap on the CBC 2022

Brewbound Podcast: That’s a Wrap on the CBC 2022

The Brewbound team recaps the 2022 Craft Brewers Conference and shares their big takeaways from the gathering of 10,000 beer industry professionals in Minneapolis.

Brew Talks Recap: The Intersection of Crypto and NFTs in Brewery Taprooms

Brew Talks Recap: The Intersection of Crypto and NFTs in Brewery Taprooms

Cryptocurrency and NFTs (non-fungible tokens) are slowly seeping into beer culture. Two early adopters of the Web 3.0 tech — Kurtis Cummings, founder and CEO of Switchyard Brewing in Indianapolis, and Daniel Paul Wellendorf, co-owner and head of marketing of Modist Brewing in Minneapolis — shared their experiences during Brewbound’s Brew Talks meetup in Minneapolis last week during the Craft Brewers Conference.

Not-So-Suddenly, Sotol Makes Inroads

Not-So-Suddenly, Sotol Makes Inroads

With both tequila’s and mezcal’s growth rates soaring, the agave spirits category could surpass vodka in a number of years, according to the Distilled Spirits Council of the United States. While not an agave spirit, another new product from Mexico is starting to build an audience: Sotol.