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In a court case being watched closely by those in the alcohol beverage industry, a Manhattan federal jury found that Constellation Brands did not violate a U.S. distribution agreement with Anheuser-Busch InBev SA by selling hard seltzers branded with the Modelo and Corona names.
Sierra Nevada Brewing Company has made a minority investment in Riot Energy, an organic energy drinks brand from Venice, Calif. Sierra Nevada is expected to produce and package the brand at its, CanDo Innovation Center, which is slated to begin operations this summer. It is only the second time that Sierra Nevada has invested in another beverage company.
Early Bird pricing to register for the 2023 Craft Brewers Conference and BrewExpo ends tomorrow Wednesday, March 1. The Early Bird registration gives attendees a discounted rate on the conference.
Sales of Guinness in pubs across Britain have surpassed Carling and the Irish stout is now the number one selling pint accounting for one in every nine pints pulled in the U.K.
Guinness surpassed Carling to become the number one beer in British pubs in terms of value sales towards the end of last year. The fact that a stout is now the number one beer in British pubs is notable after lagers gained immense popularity in the U.K. over the last few generations.
The global drinks company Diageo, which now owns Guinness, had a strong performance in its half-year results, with a rise in net sales and growth across all regions. Global sales growth increased by 9.4%.
Distilled spirits market share in the U.S. has surpassed beer for the first time, growing supplier sales market share for the 13th straight year up to 42.1%. The growth puts spirits just slightly ahead of beer at the end of 2022, with beer posting a market share of 41.9%.
According to the annual economic briefing by Distilled Spirits Council of the United States (DISCUS), spirits supplier sales in the U.S. grew by 5.1% in 2022, totaling a record sum of $37.6 billion. Volumes also rose 4.8%.
The biggest growth sector was in premium cocktails, including spirits-based RTDs, which grew at by 35.8%.
A bill in California supported by the Distilled Spirits Council (DISCUSS) would allow retailers with a beer and wine license to also sell spirit-based RTD’s, a move which would further blur the line that has traditionally existed between spirits and beer and wine.
High Country Hop, the annual celebration of the Australian hop harvest is returning in its ninth year with Firestone Walker brewmaster Matt Brynildson joining some of Australia’s top craft brewers. Brynildson will be the keynote speaker at the event’s technical symposium ahead of the festival.
In collaboration with the Seibel Institute of Technology, the Glen Hay Falconer Foundation is offering a full-tuition brewing education scholarship in 2023. The scholarship is a full tuition grant and comes with a travel and lodging stipend.
Boston Beer Company has recently announced the launch of a “remastered” Samuel Adams Boston Lager, which the company will feature in an ad that includes comedian Lenny Clarke and former Celtics player Kevin Garnett. A 30-second version of the ad will air during the Super Bowl broadcast on February 12th.
The United States Department of Agriculture (USDA) 2022 National Hop Report shows that hop production for Idaho, Oregon, and Washington in totaled 101 million pounds last year, down 12 percent from the 2021 crop of 116 million pounds.
U.S. brewers shipped an estimated 161,586,015 barrels of beer in 2022, a 4.6% decline versus 2021, according to the Beer Institute (BI).
A rare agreement between a state beer wholesalers trade group and craft brewers has paid off as legislation to allow limited self-distribution by brewers in Virginia appears headed for approval.
Registration for the 2023 U.S. Open Beer Championship is now open. Brewers can register beers thru May 15th.
Tilray Brands Inc., a cannabis company that currently owns SweetWater Brewing Co. and Montauk Brewing Co. has said they plan more alcohol beverage acquisitions in the US to build out its distribution network.
In a trend that may be picking up momentum across the country, Washington state legislators are considering a bill that would lower the blood alcohol limit from 0.08 to 0.05.
Expanding its reach into California, Breakthru Beverage Group announced that it has signed an agreement to acquire statewide beer and wine wholesaler Wine Warehouse in California.
The rains have come to California, but much of the Western U.S. remains in a severe drought. In Mexico, the prolonged drought has amplified concerns that large breweries are using precious water to make beer that is exported out to other countries.
The CBD beverage market accounted for $3,221 million in 2022 and is estimated to grow to $4,6221 million by 2032.
A veteran of the craft brewing industry for 35 years and vice president of operations and quality at Bell’s Brewery for over 20 years, John Mallet plans on stepping down from the industry in late February.
Constellation shares dropped 10% after the company fell well short of predicted earnings for the three months to the end of November 2022, dragging down the shares of other American beer, wine and spirits producers as investors worry that alcohol beverage producers may have a hard time maintaining margins in 2023.