Molson Coors Beverage Company’s Irwindale, California, brewery will have a new owner by year’s end as Pabst Brewing Company has exercised its option to purchase the facility.

Craft beer purchase intent among wholesalers has hit an all-time low, according to the National Beer Wholesalers Association (NBWA). Nielsen CGA found the number of checks at tracked accounts in the week ending April 25 increased 69% over the week ending March 28.

More than a year after it began, a federal circuit judge ruled that Anheuser-Busch InBev is free to continue its advertising campaign calling out the use of corn syrup in Molson Coors Beverage Company’s flagship light lagers.

Brewbound’s virtual panel series returns Thursday, May 7th at 3 p.m. ET with leaders from the Brewers Association and the California, New York and Illinois state brewers guilds. This week’s discussion will give the industry a look at what breweries in those states are experiencing and how the guilds and the BA are helping during this crisis.

As states grapple with reopening for business in face of the COVID-19 pandemic, one Maine brewpub owner opted to defy the reopening plan Gov. Janet Mills laid out last week that orders restaurants to remain shut for on-premise dining until June.

After more than 30 years in business, Pyramid Brewing Co. parent company FIFCO USA announced last week that it will permanently close Pyramid Alehouse in Seattle, Washington. Missoula, Montana-based brewery KettleHouse Brewing Co has closed its Northside Taproom, it announced in a press release last week. Destihl Brewery has closed its Champaign, Illinois restaurant and brewpub location, the brewery announced on its website.

The near-nationwide shutdown of the on-premise channel will result in a loss of $8 billion for the beer industry if it continues into June, National Beer Wholesalers Association chief economist Lester Jones said during a State of the Industry webinar hosted by the NBWA and the Beer Institute (BI).

Portland, Oregon-headquartered Columbia Distributing has laid out its plan for addressing the voluminous amount of out-of-code beer at bars and restaurants in its three-state footprint that were forced to temporarily close in mid-March in an effort to stop the spread of the COVID-19 outbreak.

This week’s Brewbound Frontlines panel discussion features Mass. Bay Brewing co-founder and CEO Dan Kenary and Deschutes Brewery founder Gary Fish. These leaders will share how they’re responding to current challenges as well as discuss long-term implications for the beer industry.

After a corporate restructuring in the fourth quarter of 2019 and a bevy of new products hitting the market in the New Year, Molson Coors Beverage Company was poised for a strong 2020. But then the COVID-19 outbreak shutdown on-premise bars and restaurants in mid-March, and everything changed. In the first quarter of 2020, Molson Coors’ net sales revenue declined 8.7%.

Fintech, a Tampa, Florida-based data, analytics and invoice processing platform for wholesalers, has acquired Armadillo Insight, a craft beer data and insights firm that specializes in chain retail placements.

BeerBoard founder Mark Young has his eye on the future of on-premise retail, whenever it returns from a forced but temporary shutdown caused by the COVID-19 pandemic.

As its home state of Georgia became the first to lift social distancing restrictions last week, Atlanta-based Monday Night Brewing conducted a poll to gauge consumer sentiment toward returning to normal and found that nearly 75% of drinkers don’t expect to visit a taproom until June at the earliest.

Brewbound’s live streamed virtual panel series Frontlines returns Thursday, April 30, at 3 p.m. ET with leaders from two top 20 craft breweries by volume, Deschutes Brewery and Mass. Bay Brewing Company.