The Boston Beer Company reported fourth quarter 2019 net revenue of $301.3 million, an increase of $76.1 million or 33.8% from the fourth quarter of 2018, mainly due to the enormous success with their hard seltzer Truly. Shipments increased by 37% for an additional 304, 000 bbls in the fourth quarter while depletions were… Read More…
Falconer Foundation Offers Brewing Education Scholarships
In collaboration with the Seibel Institute of Technology, the Glen Hay Falconer Foundation is offering two full-tuition brewing education scholarships in 2020. The scholarships are full tuition grants and come with travel/lodging stipends. Both scholarships are for the World Brewing Academy (WBA) Concise Course in Brewing Technology in Chicago, November 9-20, 2020. The WBA… Read More…
It’s a Match – Breweries and Cannabis Growers Share CO2
It’s a perfect marriage of sorts. Commercial cannabis growers using the CO2 that brewers emit naturally during fermentation and normally vent into the air, adding a greenhouse gas to the atmosphere.. The State of Colorado and three Colorado business, Earthly Labs, Denver Beer Co., and The Clinic have started a pilot program to establish… Read More…
Molson Coors Beats Expectations in Fourth Qtr.
After announcing a new revitalization plan in late October, Molson Coors Beverage Co. reported declines in its worldwide brand volume, but reported fourth-quarter net income of $163.7 million, more than double the $76 million of the year-earlier quarter. Sales in the U.S. increased 4.7% but fell 4.6% in Canada. Under its restructuring plan,… Read More…
Brewdog Rebrands
Nearly 15 years after launching its first IPA and spearheading the craft beer movement in the UK, Brewdog has completely rebranded its packaging. Brewdog consumers will also get a chance to own a share of the business if they trade in 50 empty beer cans. More here.
Four Season Hops
Is it possible to yield four crops of hops each year? Research conducted at Colorado State University indicates that hops do not require a vernalization period as previously thought. With the use of LED lighting systems, a professor at CSU discovered that hops do not need to go dormant. The professors research shows… Read More…
Hong Kong Brewery Brews up CBD Beer
The use of CBD in any food or drink product, including alcohol, is illegal in the U.S. And even though the potential health benefits of CBD are getting more recognition these days, in most Asian countries it is still seen as a drug and somewhat taboo. But it is legal. And a new start-up, is… Read More…
Seven Trends in Alcohol
You may not agree with all, but here is a list from Beverage Dynamics as takeaways from the 20920 Sun Wine Food Fest; There’s Room for Craft and Macro Seltzer Peanut Butter Whiskey Consumers Understanding Bourbon Low-Cal Wine Familiar Varietals and Blends IPAs, IPAs, IPAs Sour Beers Connect Broadly (Editors note: I agree with… Read More…
CBC Early Bird Pricing Ends Tomorrow
If you are going, now is the time to pull the trigger. Early Bird discount registration for the Brewers Association’s Craft Brewers Conference, April 19-22nd in San Antonio ends tomorrow. Register here.
AB InBev Buys Fourth Canadian Craft Brewery
AB InBev isn’t just focused on U.S. craft breweries to bring into its fold. Labatt Breweries of Canada, a division of Anheuser Busch InBev has just acquired Banded Peak Brewing in Calgary, the fourth craft brewery acquisition in the last five years by AN InBev. More details here
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