Jones Soda Sets Stage to Enter Cannabis Market
Over two years after cannabis industry investment firm SOL Global took a minority stake in Jones Soda, the Seattle-based craft soda maker is finally preparing to launch infused edibles and beverages.
Over two years after cannabis industry investment firm SOL Global took a minority stake in Jones Soda, the Seattle-based craft soda maker is finally preparing to launch infused edibles and beverages.
Boston Beer Company and Beam Suntory today announced a joint venture to extend two of the companies’ most popular brands — Truly Hard Seltzer and Sauza tequila — across categories.
The Brewers Association (BA) board of directors is making clear its opposition to spirits groups’ tax equalization efforts, as well as its stance on climate change in a pair of recently approved “position statements.”
Beer industry depletions (sales-to-retailers) volumes tracked by beverage alcohol invoicing and logistics firm Fintech have increased 9% year-to-date through Week 27 compared to the same period last year, National Beer Wholesalers Association chief economist Lester Jones and Fintech director of distributors Jim Kallies shared yesterday during a quarterly review of the industry’s performance.
Senate Majority Leader Chuck Schumer introduced draft legislation today that would federally decriminalize marijuana.
Veryvell, the line of CBD beverages and drops from Truss CBD USA, the joint venture backed by Molson Coors and Canadian cannabis company HEXO, will roll out to on- and off-premise retailers throughout Colorado. “Expanding territory and expanding the portfolio is signaling success and we’re really excited about it,” Truss CBD USA general manager Jane Armstrong Hockman told Brewbound.
Ready-to-drink (RTD) canned cocktails’ share of Drizly sales is growing at 15 times the rate of hard seltzer, according to e-commerce alcohol marketplace Drizly’s 2021 Consumer Report.
President Joseph R. Biden issued an executive order last week, which he said during a press briefing would “help restore competition so that we have lower prices, higher wages, more money, more options, and more convenience for the American people.”
Next Glass’ beverage alcohol tech and media empire is crossing the northern border with the company’s acquisition of Ollie Order, an omnichannel marketplace for beverage alcohol sales and a tech platform for logistics and taxation tracking that is headquartered in Vancouver, Canada.
Production workers for Ohio’s Great Lakes Brewing Company went public Sunday with an effort to form a union, with help from the United Steelworkers union.
YouTube stars the Nelk Boys are partnering with Atlantic Beverage Distributors to expand distribution of Happy Dad Hard Seltzer into Massachusetts and Rhode Island.
The westward expansion of Atlanta’s SweetWater Brewing Company under Canadian cannabis firm Tilray continues. After adding distribution in Colorado earlier this year, the company will go deeper in the Centennial State with the acquisition of a 32,450 sq. ft. production facility, taproom and restaurant in Fort Collins that previously housed the U.S. operations of Canada’s Red Truck Brewing Company since May 2017, and Fort Collins Brewery before it.
Consulting firm BW166 reported that label approvals for seltzer and seltzer-like products are accelerating, with approvals trending at 334 per month compared to the 228 per month in 2020. More than half (53%) of on-premise visitors went to a bar or restaurant during the July 4 weekend, according to CGA, an on-premise market research firm.
Brooklyn-headquartered Other Half Brewing will set up shop in the former Goose Island brewery and taproom in Philadelphia’s Fishtown neighborhood, the Philadelphia Inquirer reported earlier this week.