Tilray to Acquire Montauk Brewing
Global cannabis firm Tilray is adding an East Coast craft brewery to its growing brewery portfolio, with the acquisition of Montauk Brewing Company.
Global cannabis firm Tilray is adding an East Coast craft brewery to its growing brewery portfolio, with the acquisition of Montauk Brewing Company.
Bang Energy is removing the term “Super Creatine” from all packaging and advertising, after a jury ruled in September that the company and CEO Jack Owoc falsely advertised the ingredient in its products.
Following five years of research and development under the leadership of director of sales and marketing Jessica Gerth, jun maker Wild Tonic has unveiled a revamped visual identity designed to celebrate the brand’s uniqueness and clarify the difference between jun and kombucha for consumers.
Sometimes you can’t just easily wrap up a story. The sale of Modern Times is one of those stories. The latest in the Modern Times ownership saga is the deal to merge with Maui Brewing and form the Craft ‘Ohana platform closed last weekend.
Alcohol e-commerce platform Drizly announced a “new brand direction” this week, featuring a “redesigned product experience” and expanded shipping capabilities, as it celebrates a decade in business.
Inflationary cost pressures and higher year-over-year retail prices have caught up with consumers in North America, especially in the U.S., and the world’s largest can manufacturer is seeing “lower” than expected demand and “less consumption across the board,” Ball Corp. CEO Dan Fisher told analysts Thursday.
Monster Beverage Company reported +15.2% year-over-year sales growth in the third quarter, even as increased expenses and cost of goods continue to drag on the energy drink maker’s margins despite price increases.
Spirits portfolio company Next Century Spirits has acquired XED Beverages, the maker of cocktail-inspired hard seltzer brand Sesh.
Following the Winking Lizard Tavern’s annual announcement of its beer menu for 2023, founder John Lane shares how the event shook out, who left the day happiest, the one beer that is untouchable on the Winking Lizard’s menus, the inflationary pressures on draft beer, changes to its Tour of Beers program and much more.
Leisuretown, Modern Times’ Anaheim, California-based taproom, complete with a swimming pool, has closed, Brewbound has confirmed.
American Canning, an Austin, Texas-based aluminum can and packaging supplies provider, has signed a supply agreement with global can manufacturer Ball Corp. as an “official distributor” of blank and printed brite cans.
Another soda company is testing the beverage-alcohol market – this time with the world’s largest beer manufacturer. Novamex, the maker of Mexican soda brand Jarritos, is partnering with Anheuser-Busch InBev (A-B) to launch Cantaritos Hard Sodas in California and Texas markets next spring.
Our next virtual networking event is on Thursday, November 10th from 3:00 – 4:00 PM ET. Beer and beverage-alcohol brands have the opportunity to learn from CPG investors, hard-to-reach retail buyers, and other experts providing advice on topics like packaging, branding, and PR strategy.
Data from beer-centric social media platform Untappd, which tracks where and when users drink beer, shows that traffic at brewery taprooms has recovered to 117% of January 2019 levels.