Beyond Beer

New hard seltzer offerings continue to play a “vital role” in driving growth of the booming segment, while several core SKUs keep “churning out growth,” Bump Williams Consulting found in the firm’s latest analysis of the $4.1 billion and climbing hard seltzer segment.

Cannabis firms Tilray, Inc. and Aphria, Inc. announced today the completion of their previously agreed upon merger, creating what they say will be “the world’s largest global cannabis company.”

With projections predicting continued segment growth for RTDs, anyone looking to enter the space will face a competitive landscape. But by studying brands who have either launched during the pandemic or have weathered the storm without faltering, there are plenty of opportunities for new premixed canned cocktails to thrive.

Suzie’s Brewery, maker of Suzie’s Organic Hard Seltzer, and Anheuser-Busch InBev agreed earlier this week to settle the Oregon company’s lawsuit against the world’s largest beer manufacturer for allegedly engaging in deceptive advertising practices for its Michelob Ultra Organic Seltzer brand.

White Claw Hard Seltzer and Mike’s Hard Lemonade maker Mark Anthony Brands has filed a lawsuit against Vital Pharmaceuticals, Inc. and Bang Energy LLC alleging copyright infringement in U.S. District Court in the Southern District of New York. In the lawsuit filed April 26, Mark Anthony argues that the defendants’ MIXX flavored malt beverages infringe on its MXD Cocktail Company flavored malt beverages and may cause consumer confusion.

Two Robbers Hard Seltzer has raised $6 million in a Series A funding round led by New York-based Brand Foundry Ventures. The company has plans to add six new markets to its footprint: Maryland, Virginia, Rhode Island, Massachusetts, Michigan, and Washington, D.C.

Anheuser-Busch InBev has forged a master distributor agreement with Canteen Spirits, while its growth and innovation arm ZX Ventures has made an investment in the 2-year-old ready-to-drink canned cocktail brand.

After initial projections that the hard seltzer segment would grow at a rate of 70-100%, Boston Beer CEO Dave Burwick said the expectation is now in the 60-90% range, with Truly outpacing the segment.

Hard seltzers will be receiving more shelf space in convenience stores, according to Goldman Sachs analyst Bonnie Herzog’s latest “Beverage Bytes” survey of convenience store beverage buyers (representing 30,000 retail locations, or about 20% of the c-store channel).

Amid rising competition in the ever-expanding hard seltzer segment, Mark Anthony Brands is adding two line extensions and one new variety pack to its White Claw franchise ahead of peak summer seltzer selling season. The company has finally announced the launch of long-rumored White Claw Surge, the 8% ABV version of the best selling hard seltzer, as well as a third variety pack.

Regional cideries grew at more than triple the rate of the total cider segment at off-premise retailers in 2020, American Cider Association executive director Michelle McGrath shared during the trade organization’s annual CiderCon event earlier this year.

“Off-premise channels grew 9% for total cider — regional brands grew 33%,” she said. “Off-premise chains don’t capture all of our members, but they do provide a useful measuring stick.”

Wilson Craig has a founder’s story that should be familiar to many in the beverage space: Dissatisfied with the available options in a category, he set about creating his own product to fill the “blind spot” in the market — in this case, ready-to-drink spirits. While working in real estate finance in New York City, he and his friends noticed “their bodies starting to change” as calories and carbs from drinking light beer began to catch up to them. The answer? Waterbird Spirits, a line of premium ready-to-drink cocktails in 12 oz. cans.

Heineken-owned Lagunitas Brewing has named Tony Amaral head of sales, following the departure of Tom McReavy, who formerly led the Petaluma, California-based craft brewery’s sales division before taking the top sales role at Stone Brewing last month.