Beer Industry News, Insights, Jobs, & Events

‘$1 Out of Every $8 Spent on Craft Beer’ Going to New Belgium Brands, per CEO

‘$1 Out of Every $8 Spent on Craft Beer’ Going to New Belgium Brands, per CEO

New Belgium Brewing’s portfolio is craft’s top share gainer through Q1, CEO Shaun Belongie shared recently. The Kirin-owned New Belgium craft portfolio, which includes New Belgium’s offerings (Voodoo Ranger, Fat Tire and more), and Bell’s Brewery (Two Hearted, Oberon and more) snagged share by growing volume 3.2% year-to-date.

Ardagh Wins $175.5M Verdict in Boston Beer Can Volume Dispute; Boston to Appeal

Ardagh Wins $175.5M Verdict in Boston Beer Can Volume Dispute; Boston to Appeal

A jury entered a $175.5 million verdict in favor of Ardagh Metal Packaging USA against Boston Beer Company for allegedly failing “to purchase contractual minimum volumes of certain aluminum beverage can containers from 2021 to 2025,” according to an 8K filed by Boston Beer Friday with the U.S. Securities and Exchange Commission.

NIQ On-Premise Update: Festivals, Baseball & Mini Cocktails

NIQ On-Premise Update: Festivals, Baseball & Mini Cocktails

Coachella kicks off this weekend, with up to 125,000 people set to flock to Indio, California, each day to see Sabrina Carpenter, Justin Bieber, Karol G and others – hopefully with a beverage in hand.

SEC Sues Drake’s Organic Spirits For $2.4M In Investor Fraud

SEC Sues Drake’s Organic Spirits For $2.4M In Investor Fraud

The U.S. Securities and Exchange Commission (SEC) has filed a lawsuit against Mark D. Anderson, the founder and former CEO of shuttered Drake’s Organic Spirits, alleging he orchestrated a years-long investor fraud scheme that raised $2.4 million.

Report: Sazerac Explores Brown-Forman Deal

Report: Sazerac Explores Brown-Forman Deal

Weeks after Pernod Ricard and Brown-Forman confirmed that they are in merger talks, Sazerac is now reportedly eyeing a deal with the Jack Daniel’s maker.

Minnesota Grants Target 72 Licenses for Expanded THC Sales

Minnesota Grants Target 72 Licenses for Expanded THC Sales

THC drinks will have an expanded potential retail set in Minnesota. Despite an existential timeline ticking on the category’s future, beverage retailers continue to add intoxicating hemp drinks to store shelves. Target is the latest to go deeper in the set…at least in its home state.