In this week’s edition of Last Call: Innis & Gunn receives private equity interest; A-B shifts focus from acquisitions to organic growth; Diageo taps A-B for Guinness Distribution in China; and much more.

Brewbound is excited to announce that Brew Talks events will be held during the upcoming Great American Beer Festival (GABF) and National Beer Wholesalers Association (NBWA) shows. Brew Talks, Brewbound’s traveling meetup series for beer business professionals, will gather leading industry brewers and distributors for in-depth discussions about the future of the craft beer segment and intimate networking opportunities.

After adding nearly 2,000 workers over the course of acquiring 10 U.S. craft breweries, Anheuser-Busch InBev is doing some cutting.

Fast-growing Lord Hobo Brewing – which launched in 2015 and grew more than 400 percent last year — today announced that it has sold a minority stake to Valterra Partners, a boutique private investment firm with offices in New York and Massachusetts. Specific financial terms were not disclosed, and the transaction is expected to close this month.

As recovery efforts in the wake of Hurricane Harvey continue in the Houston area, Florida is bracing for category 5 Hurricane Irma, which is slated to hit this weekend. The storm is expected to be more powerful than Hurricane Andrew, a category 5 hurricane that devastated the Bahamas and Florida 25 years ago and is considered the most destructive hurricane in the state’s history. Several Florida breweries are already preparing to hunker down.

Upland Brewing owner and president Doug Dayhoff will sell his minority interest in the company back to existing investors and depart the company at the end of the year, the company announced today. Speaking to Brewbound, Dayhoff, 47, said the investor group would repurchase his minority interest in the company over the next “1-2 years.”

In this week’s edition of press clips: Fred Bueltmann departs New Holland Brewing, Michelle Sullivan leaves Boston Beer and Australian Beer Drinkers say they want ownership transparency, too.

This latest episode of Taste Radio features an in-depth interview with Joth Ricci, a CPG veteran who cut his teeth in the beer business during the early 2000s as the general manager of Columbia Distributing. During his 17-year career in the beverage space, Ricci has served as the CEO of Jones Soda, a managing partner of First Beverage Group and the president of Stumptown Coffee Roasters. He recently took over as the president and CEO of Adelsheim Vineyard, an Oregon-based winery.

San Diego’s Modern Times Beer Company is heading north to Beervana. The southern California craft brewery today announced plans to takeover what will soon be the former Commons Brewery location in the Buckman neighborhood of Portland, Oregon.

Following a proprietary review of the craft beer segment, and its own positioning within it, Constellation Brands has re-launched a number of its Ballast Point offerings with a new look in an attempt to “tell its story more effectively” to consumers. In an interview with Brewbound, Constellation CMO Jim Sabia and Marty Birkel, the president of the organization’s craft and specialty division, said an initiative to better understand consumer-purchasing behavior provided the company with some key takeaways that helped shape its overall craft strategy moving forward.

Starting Friday, Georgia breweries will officially be allowed to sell beer directly to consumers, ending a contentious, decade-plus-long dispute between the state’s beer manufacturers and wholesalers.

Reuben’s Brews co-founder Adam Robbings is on the hunt for a new production facility in the Ballard neighborhood of Seattle, Washington.

BrewDog today announced a profit-sharing plan that will see the Scottish craft beer company give 20 percent of its annual earnings to employees and charities as part of a new “Unicorn Fund.” Under the plan, 10 percent of profits will be donated to 20 different charities. The other 10 percent will be evenly distributed across its entire workforce, which today stands at more than 1,100 employees.

As heavy rain from Hurricane Harvey continues to fall, causing massive flooding in the Houston area, the local beer industry is in a state of flux.