It’s no secret that forward-thinkers are eyeing the cannabis space as the next big boom. To provide a look into this budding category, we’re bringing together a panel of former beer executives who have transitioned to companies within the cannabis space.
After about four years of discussion, the stalled effort to launch a brand agnostic, pro-beer marketing campaign to improve category health officially kicked off today in Austin, Texas. The so-called Beer Growth Initiative, a coalition of the industry’s three trade groups — the National Beer Wholesalers Association (NBWA), Brewers Association (BA) and Beer Institute (BI) — as well as large and small beer companies also revealed its first slogan: “Beers to That.”
The key summer selling season ended on a high note for the beer category, as dollar sales of beer, cider and FMBs increased 4.4% in off-premise retailers during the Labor Day holiday week (ending August 31) compared to the same time last year, market research firm Nielsen reported.
In the latest edition of Press Clips: Founders Brewing’s sale to Mahou San Miguel is valued at $198 Million; Colorado Brewers Guild names new executive director; Dark Horse Brewing behind on mortgage and property taxes; and Dogfish Head sends artifacts to the Smithsonian.
Coors Distributing Co. is taking a step into the growing CBD-infused beverage category, announcing Friday that it will begin distributing products from Colorado’s Best Drinks and DRAM Apothecary.
In the latest Last Call: Anheuser-Busch InBev resumes Asia-Pacific IPO application; Roak Brewing to acquire Dark Horse; Reyes closes on DBI deal; A-B appeals ‘No Corn Syrup’ preliminary injunction; and more.
At this year’s Craft Beer Conference, Bart Watson’s message to attendees was clear: The craft beer industry is entering a maturation period. Growth in the craft sector, while still present, has slowed, and the industry’s“new normal,” is setting in.
La Colombe Coffee Roasters has teamed with MillerCoors on a new low-alcohol, cold-brew coffee line that will be tested in select U.S. cities later this month. The Philadelphia-based coffee roaster and retailer announced yesterday the launch of La Colombe Hard Cold Brew Coffee, a 4.2% ABV beverage that will be available in a limited run of 9 oz cans in Boston, Massachusetts; Tampa, Ft. Meyers and Treasure Coast, Florida; and Denver, Colorado.
Hard seltzer — it’s everywhere — along with a surge of other FMBs. Have you explored expanding your portfolio with beyond beer offerings? Or are you considering it? What opportunities are there outside of traditional beer, and what do consumers actually want to drink? Nielsen is going to dive into the data to see how these emerging segments are developing and how they impact the beer industry.
Constellation Brands is closing another Ballast Point taproom. The New York-headquartered beer, wine and spirits giant plans to close the taproom and restaurant at its Daleville, Virginia, production facility by the end of September, according to the Roanoke Times. Constellation will also cut 25 full- and part-time workers, as well as 16 temporary employees, the outlet reported.
Fast-growing Massachusetts craft beer maker Wormtown Brewery has named Freetail Brewing founder Scott Metzger as its next general manager. The Worcester-based craft brewery informed its wholesalers of Metzger’s hire on Tuesday. Metzger will officially assume the role on September 25.
Deschutes Brewery is looking beyond beer and outside of its own brand for its big innovation of 2020. The Bend, Oregon-headquartered craft brewery today unveiled Modified Theory, a line of flavored malt beverages, during its annual distributor summit.
Lighthouse Strategies’ long-rumored Great Lakes craft brewery acquisition finally became reality today. The maker of the Cannabiniers and Two Roots lines of cannabis-infused, non-alcoholic and alcoholic craft beers, announced today that it has reached a deal for Auburn Hills, Michigan-based Rochester Mills Production Brewery.
Three years after acquiring Seattle Cider Company and Two Beers Brewing Company, French agri-business cooperative Agrial Group is suing the beer and cider maker’s founder, Joel VandenBrink, for breach of contract and fiduciary duties for allegedly falsifying sales to increase a payout by $6.8 million. The Seattle Times first reported the story on Friday.
