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February Domestic Tax Paids -14.9% YoY; Beer Institute Urges Members ‘Not to Read Too Much’ into 1-Month Data

February Domestic Tax Paids -14.9% YoY; Beer Institute Urges Members ‘Not to Read Too Much’ into 1-Month Data

An estimated 10.3 million barrels of beer were shipped in the U.S. in February, a -14.9% decline and loss of more than 1.8 million barrels year-over-year (YoY), Beer Institute (BI) chief economist Andrew Heritage reported in the trade group’s latest round of economic reports, citing estimates from the Alcohol and Tobacco Tax and Trade Bureau (TTB).

Brewbound Podcast: Road Report from the New England Craft Brew Summit

Brewbound Podcast: Road Report from the New England Craft Brew Summit

What’s going on in the country’s second-densest craft beer state? The Brewbound team hit the road to Portland, Maine, to find out. While in town for the New England Craft Brew Summit, Brewbound managing editor Jess Infante and senior reporter Zoe Licata checked in with 3 leaders to take the pulse of Maine’s formidable (and cheerfully collaborative) craft scene.

Great Divide Acquired by Wilding Brands Platform

Great Divide Acquired by Wilding Brands Platform

The Colorado-based Wilding Brands platform has grown again. Denver-based Great Divide Brewing has been acquired by the parent company of Stem Ciders, Denver Beer Co. and several other brands.

HFC President: Sunset Distributing is ‘The Guy’ For Craft in SoCal, Aims to Level Playing Field with Reyes & Other Large Distributors

HFC President: Sunset Distributing is ‘The Guy’ For Craft in SoCal, Aims to Level Playing Field with Reyes & Other Large Distributors

Hand Family Companies made a splash Monday with a deal to enter the Southern California market through the acquisitions of Stone Distributing and Classic Beverage, creating a new subsidiary, Sunset Distributing. Speaking to Brewbound, HFC president and CEO JR Hand said he expects Sunset to “be the dominant wholesaler in the craft space in Southern California.”

Anheuser-Busch to Cease Production at Portsmouth Facility; Invests $1M in Wicked Weed’s Asheville Operations

Anheuser-Busch to Cease Production at Portsmouth Facility; Invests $1M in Wicked Weed’s Asheville Operations

Anheuser-Busch InBev (A-B) continues to reshuffle its craft brewing operations. The world’s largest beer manufacturer announced a $1 million investment in Wicked Weed’s Asheville, North Carolina-based operations that coincides with the winding down of operations at its 104,000 sq. ft. production facility in Portsmouth, New Hampshire, “over the next few months.”

A Round With …Ty Gilmore, President Tilray Beverages, North America

A Round With …Ty Gilmore, President Tilray Beverages, North America

In the latest edition of A Round With … – a weekly Q&A with industry leaders exclusively for Insiders – Tilray Brands North America president Ty Gilmore talked with Brewbound’s sibling publication BevNET about how the company intends to leverage its scale to go deep in hemp-derived delta-9 drinks and how it is navigating the evolving regulatory landscape for hemp products in the U.S.