Openings & Closings

Last Call: Sierra Nevada to Reopen Taprooms in May; GoPuff Raises $1.1B, More Than Doubles Valuation

Last Call: Sierra Nevada to Reopen Taprooms in May; GoPuff Raises $1.1B, More Than Doubles Valuation

Sierra Nevada has announced it will reopen its breweries in Chico, California, and Mills River, North Carolina, to the public in May after what will be a 14-month hiatus from on-site service, according to a report in the Chico Enterprise-Record. Philadelphia-headquartered, on-demand delivery platform goPuff announced the completion of a $1.15 billion fundraising round earlier this week.

Brewers Association: On-Premise Recovery Not Likely Until 2022

Brewers Association: On-Premise Recovery Not Likely Until 2022

On-premise retail sales will not rebound to pre-pandemic levels in 2021, Brewers Association (BA) chief economist Bart Watson shared yesterday in a webinar for members of the trade group. “The on-premise is not fully going to recover next year,” he said.

California Regional Stay Home Order Forces Breweries to Close for On-Site Service; CCBA Considers Options

California Regional Stay Home Order Forces Breweries to Close for On-Site Service; CCBA Considers Options

As COVID-19 cases spike, California has enacted a new regional stay home order that went into effect Sunday night and affects 85% of the state’s population. Last week, Gov. Gavin Newsom announced a new system that would trigger regional stay home orders when hospitals’ projected intensive care unit capacity dips below 15%. That threshold was met Sunday in the Southern California and San Joaquin Valley regions.

Judge Rejects Boston Brewpub Hopsters’ Bid to Prevent Liquidation

Judge Rejects Boston Brewpub Hopsters’ Bid to Prevent Liquidation

Boston area brew-your-own beer and brewpub Hopsters lost its bid to prevent a court-appointed trustee from converting its Chapter 11 bankruptcy filing to Chapter 7 liquidation during a hearing Thursday in U.S. Bankruptcy Court in the District of Massachusetts.