Small businesses can now raise a maximum of $1 million annually from non-accredited investors through Securities and Exchange Commission-approved third-party crowdfunding portals such as WeFunder. Two breweries have already maxed out their campaigns.
Craft canned beer pioneers Oskar Blues Brewery led the aluminum revolution in 2002, so it’s no surprise that the Colorado-based brewery’s flagship release, Dale’s Pale Ale, finished 2016 as the nation’s top-selling craft can six-pack at U.S. supermarkets, according to market research firm IRI Worldwide.
A pair of transactions in the Pacific Northwest will see the coming together of three wholesalers and the creation of a new jointly owned entity by two prominent beer distribution companies. Click Wholesale Distributing — a craft beer, spirits and wine wholesaler with operations in Renton, Wash., Spokane, Wash., and Hayden, Idaho — today announced its pending sale to Craig Stein Beverage.
In an effort to halt a sales slide for one of its most popular flagship brands, Boston Beer Company today unveiled a reformulated recipe for Samuel Adams Rebel IPA that now features the popular Mosaic hop variety as well as a new grain bill void of caramel malt. It’s the first time in Boston Beer’s 32-year history that the company has “significantly changed” the recipe of a flagship beer, according to founder Jim Koch, and it comes just three years after the product was first introduced nationally.
Just one year after opening its doors, Great Notion Brewing today revealed plans to build a second location in Portland, Oregon.
In this week’s edition of press clips: A Massachusetts task force has been assembled and is set to review the state’s alcohol laws; Great Divide production dips 16 percent in 2016; Washington’s Big Al Brewing closes its doors and a boutique beer distributor launches in Colorado.
Creature Comforts Brewing Co. will open a second brewery and taproom in its homebase of Athens, Georgia, the company said Tuesday.
For the third straight year, the Alcohol and Tobacco Tax and Trade Bureau issued more than 1,000 new brewery permits, bringing the total number of permitted U.S. breweries to a record high of 7,190 in 2016. The government agency issued 1,110 new permits in 2016, down slightly from the 1,142 new permits issued in 2015.
Neil Witte has seen the nastiest of the behind-the-scenes beer business — moldy couplers, walk-in coolers that smell like acetic acid and musty puddles teeming with draft spoilers.
Florida-based Cigar City Brewing will expand its distribution footprint for the first time in four years when it enters Tennessee next week, the company announced Thursday. The entry marks the beginning of an ambitious expansion plan for Cigar City that will include forays into North Carolina, South Carolina, New Jersey, Colorado and Utah, chief operating officer Justin Clark told Brewbound.
In this week’s edition of Last Call: Finch Beer strikes a deal for a Chicago brewery; BrewDog hires a former Wicked Weed sour brewer and Starbucks ends its “evenings” program.
Pressed by Senators Amy Klobuchar (D-Minnesota) and Mike Lee (R-Utah), both of whom serve on the Senate Judiciary Subcommittee on Antitrust, Sen. Jeff Sessions said Tuesday that he would have “no hesitation to enforce antitrust law” as Attorney General.
Chicago’s Forbidden Root Brewery has partnered with historic Italian amaro producer Fernet-Branca to create a new spirit-inspired imperial black ale, appropriately named Fernetic. The collaboratively brewed beer is set to debut on January 19 and only 50 cases of the limited-release offering will be available for purchase.
For two decades, Ron Extract helped others in the beer business execute their visions. As an early member of the Jester King team, he helped shape the Austin, Texas-based farmhouse brewery into an award winning craft-beer darling synonymous with wild ales and spontaneous fermentation.
