Tilray Brands will shift brewing operations from Terrapin Beer Co.’s 100,000 sq. ft. Athens, Georgia-based brewery to other facilities within its network, beginning September 25, Tilray confirmed in a statement to Brewbound.
A U.S. District Court has entered a $175.5 million amended final judgment – plus $15.5 million in pre-judgment interest – against Boston Beer Company for allegedly failing to purchase contracted minimums of aluminum cans from Ardagh Metal Packaging USA between 2021 and 2025, according to a June 1 8K filed by Boston Beer.
A jury entered a $175.5 million verdict in favor of Ardagh Metal Packaging USA against Boston Beer Company for allegedly failing “to purchase contractual minimum volumes of certain aluminum beverage can containers from 2021 to 2025,” according to an 8K filed by Boston Beer Friday with the U.S. Securities and Exchange Commission.
Beer is in the midst of “a fun crisis,” New Belgium Brewing CMO Rebecca Dye Yonushonis declared during the company’s distributor convention in Fort Collins last week.
Boston Beer Company executives will receive raises between +3% and +8%, 95% of their allocated bonus pool in 2025, and restricted stock units (RSUs) according to an 8-K form filed with the U.S. Securities and Exchange Commission on February 11.
All of Boston Beer Company’s named executive officers (NEO) except for CEO Dave Burwick will receive salary raises in 2024, according to a U.S. Securities and Exchange Commision (SEC) Form 8-K filed on February 16.
Washington-based sister cider companies Yonder and The Source have merged into a single entity, founder Caitlin Braam announced. Samuel Adams’ entrepreneurism-centric philanthropy Brewing the American Dream is accepting applications for its 2023 business and brewing experienceship.
After seven years at Boston Beer Company, CFO Frank Smalla will exit in mid-April, the company announced in an 8-K filing with the Securities and Exchange Commission.
Canadian cannabis firm Tilray’s acquisition of New York’s Montauk Brewing Company brings together a lifestyle-minded acquirer and a craft brand with a vibe. “We really saw ourselves as more than just craft beer,” Montauk general manager Terry Hopper told Brewbound.
Boston Beer Company reported a -6% decline in depletions, while shipments increased +1.4% in its third-quarter 2022 earnings report today. Boston Beer recorded a $27.1 million non-cash impairment of intangible assets related to the Dogfish Head brand
The Bulldog Bar and Lounge is returning to its former home as a new, elevated concept that offers three distinct experiences including a sports bar, family-friendly dining area, and soon-to-come cocktail lounge.
Two weeks after a jury sided with Stone Brewing in its trial against Molson Coors, the Escondido, California-headquartered craft brewer is tangled in another trademark infringement lawsuit – this time as the defendant. The founders of Laurelwood Brewing have bought back the distribution and brand rights of the Portland, Oregon-based company from Eugene, Oregon-based Ninkasi Brewing, The Oregonian reported Wednesday.