As craft-focused wholesaler Night Shift Distributing (NSD) winds down operations in Massachusetts, non-alcoholic brewer Athletic Brewing will transition to the Sheehan Family Companies in the Bay State, effective October 18.
Uber has completed its acquisition of the alcohol delivery platform Drizly for $1.1 billion, consisting of 18.7 million shares of Uber common stock, plus cash.
Firestone Walker Brewing Company is sailing into 2022 “with the wind at our back,” co-founder David Walker said in an intro video to the company’s annual business plan presentation, streamed virtually to distributor and retailer partners late last month. Current projections place the Paso Robles, California-headquartered craft brewery finishing 2021 up about +20%, Walker said, despite the continued challenges of the pandemic.
On-Premise Update: Seasonal Trends Mirror 2019, CGA Says; Volume, Rate of Sale Continue to Growth, Via BeerBoard
After a decade of operations, Due South Brewing Co. in Boynton Beach, Florida, will permanently close its taproom December 19 and cease distribution of its offerings later this year.
The near future for Sierra Nevada will see the Chico, California craft brewery launch an upscale “lifestyle” hard tea brand and once again line extend the Little Thing family with a wheat beer.
The parent company of Oyster City Brewing Company has signed a purchase agreement to acquire the assets of Catawba Valley Brewing Company. Made by the Water, a portfolio company of family office Wiregrass Equity Partners, which owns Oyster City, will acquire the assets of Catawba Valley, including Catawba Brewing in North Carolina, Palmetto Brewing in South Carolina, the Twisp Southern Hard Seltzer brand that launched in 2019.
Neighbors of Tree House Brewing Company’s Cape Cod taproom and the company have reached an agreement about on-site operations, according to a report in the Cape Cod Times.
New Glarus Brewing co-founder and president Deb Carey has filed a lawsuit against the law firm that sued her in August on behalf of three minority investors, as well as several unnamed media outlets that ran a press release provided by the firm.
After an eventful National Beer Wholesalers Association annual convention in Las Vegas, the Brewbound team debriefs on all of the middle tier issues discussed over the last week.
CBD is back on the menu in California. After years of effort by activists including multiple legislative attempts, California Governor Gavin Newsom signed Assembly Bill 45 into law yesterday, creating a regulatory framework to immediately allow for the legal sale of CBD-infused products.
Executives of the global cannabis firm Tilray were optimistic about the company’s growth regardless of federal legalization in the U.S., during Tilray’s first quarter 2022 earnings call Thursday.
After two years of elevated focus on social and racial justice issues, ownership within the craft beer industry remains nearly monolithically white, according to a new demographic benchmarking report from the Brewers Association (BA). Brewery owners are 93.5% white, and 92.2% of breweries have entirely white ownership, according to the survey of 500 randomly selected breweries.
The Brewbound Pitch Slam returns in-person to the Brewbound Live stage on November 30 + December 1 in Santa Monica, California. The competition provides a stage for startups within the beer, cider, hard seltzer, hard tea, hard coffee, and alcoholic kombucha segments to share their story, pitch their product, and connect with the community.
