Former Green Flash San Diego Brewery For Sale

Former Green Flash San Diego Brewery For Sale

The former owners of Green Flash Brewing have put the San Diego brewery and its equipment up for sale as a turnkey operation.

Convenience Chain Foxtrot Raises $100M for Expansion

Convenience Chain Foxtrot Raises $100M for Expansion

FoxTrot believes convenience stores and corner markets need a makeover, and now it has more cash to make that a reality. The retailer announced Tuesday that it has raised $100 million to help expand into new markets and to invest into its e-commerce business.

E-Commerce Alcohol Sales Hit $6.1B in 2021; Online Beer Sales Reached $960M

E-Commerce Alcohol Sales Hit $6.1B in 2021; Online Beer Sales Reached $960M

Online sales of beverage alcohol reached $6.1 billion in 2021 and have more than doubled their share of all off-premise dollar sales since 2019, according to a new report from Rabobank beverages analyst Bourcard Nesin. E-commerce sales of beer, wine and spirits accounted for 4% of total category off-premise sales in 2021, up from nearly 1.9% in 2019.

Tilray Acquired Green Flash and Alpine for $5.1M; Dissolves Anheuser-Busch InBev JV

Tilray Acquired Green Flash and Alpine for $5.1M; Dissolves Anheuser-Busch InBev JV

SweetWater Brewing parent company Tilray paid $5.1 million in cash and stock to acquire Green Flash Brewing and Alpine Beer Company last month, financial forms filed with the U.S. Securities and Exchange Commission showed. A purchase price of $5,133,000 for the San Diego-headquartered craft brands values their combined 2020 output of 34,000 barrels at $150.97… Read more »

Legislative Update: Drinks To-Go to Return in New York; California Expands To-Go Privileges

Legislative Update: Drinks To-Go to Return in New York; California Expands To-Go Privileges

To-go drinks will return to New York state after an abrupt cancellation of the pandemic-driven policy last June, Gov. Kathy Hochul announced during her State of the State address earlier this week. “To-go drinks were a critical revenue stream for New York’s bars and restaurants during the pandemic, helping many small businesses across the state… Read more »