An interesting week at Constellation as various industry sources reported the company has laid off 60 employees in their craft division while at the same time investing $4 billion (billion with a “B”) in the cannabis company Canopy Growth Corporation. The massive investment will raise Constellation’s stock holding to 38% in the Canadian-based multi-layer… Read More…
MillerCoors Files Counterclaim in “Stone” Suit
Two months after Stone Brewing filed a lawsuit over the use of “Stone” in the marketing and packaging of the MillerCoors brand Keystone, the global beer company has filed an 82-page counterclaim. The counterclaim contained many reasons MillerCoors feels the lawsuit should be tossed, but the standout argument was the contention that MillerCoors used… Read More…
Stone Brewing Files Suit Against MillerCoors
Stone Brewing has filed a lawsuit against MillerCoors, alleging that the Keystone line of beers has infringed on the San Diego craft brewery’s “Stone” trademark. The complaint was filed yesterday in the U.S. district court of Southern California. Stone Brewing claims that MillerCoors is purposely trying to “steal the consumer loyalty” by highlighting the… Read More…
Top Stories of 2017
Here we go, with a look at the past. It has been a wild ride in the industry the last three years, and 2017 was no exception. More big changes, which will dramatically shape the future. BA Defined Craft Up 6% in 2016 MARCH 28, 2017 The year starts out where it left off,… Read More…
Molson Coors Continues Craft Brewery Buying Spree
Six Pints, a division set up by Molson Coors to establish and compete in the craft beer market in Canada has announced that it has purchased the Le Trou du diable craft brewery in Quebec. The Le Trou du diable brand is distributed throughout most of Canada in addition to about 20 states in… Read More…
Constellation Invests in Cannabis Industry
Constellation Brands, importer of Corona and owner of Ballast Point Brewing has dived into the cannabis industry by buying a 9.9% stake in Canopy Growth Corporation. Canopy Growth is a major publicly traded cannabis company based in Canada. Constellation has said it plans to work with Canopy to develop, market and sell cannabis-infused beverages…. Read More…
Constellation Dips in Again – Buys Funky Buddha
Constellation Brands announced today that they have acquired the 7-year old Funky Buddha Brewery of Tampa, Fl. Terms of the deal were not disclosed. Funky Buddha Lounge & Brewery was founded in 2010 in Boca Raton, Florida, by husband and wife Ryan and Giani Sentz. The brewery sold about 27,000 in 2016, according to… Read More…
CBA to Open Seattle Brewpub
Craft Brew Alliance (CBA), which is partially owned by Anheuser-Busch InBev, announced that they will finally open a Redhook brewpub in Seattle next month. Called the Redhook Brewlab, it will be located in the Capitol Hill section of downtown. It will be Redhook’s return to its Seattle roots, after closing the Woodinville brewery earlier this… Read More…
ABInBev Dips Toe Further into Craft Beer Media
ZX Ventures, a division of AB InBev, has purchased an ownership interest in RateBeer, the consumer beer forum where beer drinkers exchange information and opinions of beer. The acquisition was made in October of last year but just announced on Friday. RateBeer was founded in May 2000 by Bill Buchanan. In June 2001, the… Read More…
A-B Acquires Another – Wicked Weed Brewing
Anheuser-Busch’s The High End division is not done shopping. The brewing giant’s business unit focused on its specialty brands announced this morning that it has acquired Wicked Weed Brewing. Founded in Asheville, N.C., in 2012 by Walt and Luke Dickinson and lifelong friends Ryan, Rick and Denise Guthy, Wicked Weed is one of the… Read More…
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