Trade Groups

A plan that would allow Canadian cannabis company Tilray to issue additional shares needs more votes, CEO Irwin D. Simon wrote to shareholders yesterday in a letter.

Leaders from the Brewers Association (BA), Beer Institute (BI), and National Beer Wholesalers Association (NBWA) submitted comments to Amy Greenberg, regulations and rulings division director of the Alcohol and Tobacco Tax and Trade Bureau (TTB), detailing each group’s purview of the market and specific requests that would benefit or mitigate harm against their respective members.

A majority of American consumers want nutritional transparency in alcoholic beverages, according to a 2021 report from the consultancy Quadrant Strategies, released today by the national trade group the Beer Institute (BI).

The National Beer Wholesalers Association’s (NBWA) monthly Beer Purchasers’ Index found that wholesalers are reporting smaller inventories of beer at risk of going out of code.

Shipyard Brewing has appointed David Phillips as chief operating officer; Joe Heaton will depart the Beer Institute after serving as senior director of federal affairs for the national trade organization; and Constellation Brands has appointed Liz Lopez as VP of public affairs to lead on issues related to cannabis policy in the U.S.

The Beer Institute (BI) today announced the hire of Danelle Kosmal as vice president of research. Kosmal will join the trade association — which represents the interests of brewers, importers and beer industry suppliers — in late August.

A bill introduced in the U.S. House of Representatives seeks to jumpstart business travel and dining to support the hospitality industry and would offer a tax credit for unmerchantable inventory that spoiled during the pandemic, including out-of-code beer.

U.S. brewers shipped an estimated 15 million barrels of beer in May 2021, an +8.9% increase (more than 1.2 million barrels) compared to May 2020, according to the Beer Institute (BI), citing unofficial estimates of domestic tax paid shipments from the Alcohol and Tobacco Tax and Trade Bureau (TTB).

Beer consumption by Americans did not increase during the COVID-19 pandemic, according to research by Echelon Insights on behalf of the Beer Institute (BI), a national trade association.

Seventy-seven percent of consumers are spending the same or more than they did pre-COVID-19, according to the latest CGA on-premise report spanning June 4-7.

Brewers Association chief economist Bart Watson explored why draft beer sales have yet to recover to pre-pandemic levels in his latest members’ only analysis.

The U.S. beer industry’s economic output has increased by $4 billion since 2018, which is equivalent to 1.6% of the U.S. gross domestic product, according to the “Beer Serves America” report — a biennial study commissioned by the Beer Institute (BI) and the National Beer Wholesalers Association (NBWA).

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.

Mass. Bay Brewing Company and the Massachusetts Brewers Guild (MBG) have launched Hop Forward Equality, a website with resources and a job board with the goal of creating a more diverse and equitable industry and consumer base for Bay State breweries. “We have to ask ourselves why, and we have to do a better job truly encompassing and embracing our communities,” MBG executive director Katie Stinchon said in a press release.