Beer Institute Chief Economist: Industry Volume -5.4% YTD; Losses ‘Not a Beer-Only Story’

Beer Institute Chief Economist: Industry Volume -5.4% YTD; Losses ‘Not a Beer-Only Story’

Beer industry members’ shoulders are heavy these days, weighed down by continued declines, rising costs and piling-on headwinds. But when you zoom out to see greater consumer trends, you discover the battle isn’t unique to beer, and the category is poised to have some of the greatest opportunities for growth, Beer Institute (BI) chief economist Andrew Heritage shared last week during the trade group’s Annual Membership Meeting in Washington, D.C.

State of Craft M&A: ‘Cashless’ Deals, ‘Bespoke’ Arrangements

State of Craft M&A: ‘Cashless’ Deals, ‘Bespoke’ Arrangements

Craft brewery owners dreaming of selling their businesses in multi-million dollar deals are doing just that – dreaming, industry leaders said last week during a panel discussion about exiting the business at the Mass Brewers Guild annual conference.

Intoxicating Hemp Bevs Face Axe Under Fed Funding Proposal

Intoxicating Hemp Bevs Face Axe Under Fed Funding Proposal

Intoxicating hemp beverages could be sacrificed in a deal to reopen the federal government. As political factions in Washington, D.C., spar over how to end the longest-ever federal government shutdown in U.S. history, legislators – led by Sen. Mitch McConnell (R-KY) and Rep. Andy Harris (R-MD) – are attempting to use the situation to shape the future of hemp and intoxicating THC products and restrict the market created by the 2018 Farm Bill.

Just 30 Days Until Brewbound Live 2025!

Just 30 Days Until Brewbound Live 2025!

With just 30 days to go, now is the time to lock in your spot for Brewbound Live (Dec. 10+11 in L.A.). Hundreds are already registered! Take a look at what’s planned and secure your spot before it’s too late.

Diageo Names New CEO

Diageo Names New CEO

Diageo has tapped Sir Dave Lewis to lead the Guinness parent into its next chapter, ending a months-long search following former CEO Debra Crew’s departure in July.