Dear Client: BrewDog has announced a slew of U.S. initiatives as part of its imminent third round of “Equity for Punks” in the U.S.. Proceeds from the round will go toward big state-side projects, including: “Building a West Coast Outpost in California, enabling production and distribution of BrewDog beers from coast to coast”;”Launching BrewDog Distilling … Continue reading “BrewDog’s Third Round of U.S. Equity for Punks Will Help Open West Coast Facility, Launch Distillery”

Dear Client: Craft Brew Alliance held a relatively short earnings call today, a little over 30 minutes, and as you could imagine, most of that half hour centered on Monday’s announcement that Anheuser-Busch would indeed buy the remaining stake in CBA. When the combination with A-B was discussed on the call, the overarching theme was … Continue reading “Third Quarter a “Mixed Bag” for CBA”

Dear Client: Busy week for Craft Brew Alliance. After wrapping up their sale to Anheuser-Busch InBev yesterday, CBA had third quarter earnings to report. The results just hit, the call is set for tomorrow morning.  So how did they do?  Well, as you may recall, CBA’s depletions creeped into positive territory during the second quarter … Continue reading “CBA Depletions Up 2% in Q3”

Dear Client: CBA will soon join A-B’s Brewers Collective (subject to obligatory red tape). After A-B passed its August deadline to scoop up the remaining shares of Craft Beer Alliance at $24.50 (about $475 million) as per their commercial agreement struck in 2016, the two breweries are reporting that A-B will indeed seal the deal … Continue reading “A-B Buying CBA After All”

Dear Client: Founders Brewing shared a couple of big announcements this morning, including what’s next for their Detroit taproom, which they temporarily closed last month, and how they plan to fill in the vacancy left behind by Graci Harkema, their former diversity director, who departed the company last month. As you likely know, the two … Continue reading “With Suit Settled, Founders Shares Next Steps”

Dear Client: Yesterday we shared news via the Lincoln Journal Star that Green Flash appeared to have closed its year-ish old taproom in Lincoln, Nebraska.  Today, VP of marketing Ben Widseth confirmed to CBD that they have in fact closed the pub.  “As reported, it was [once] a full-time restaurant that was transitioned to a … Continue reading “Green Flash Shuttering Lincoln Brewpub to Focus on Things like New Hazy IPA, Saturhaze”

Dear Client: Did Green Flash close its Lincoln location? That’s what a local paper thinks. The Lincoln Journal Star is reporting that the Green Flash Brewhouse and Taproom in Lincoln, Nebraska is potentially closed, as it “has not been open since at least Friday,” although no statements have been made, they said. (Nobody is answering … Continue reading “The Latest on Green Flash’s Lincoln Location”

Dear Client: It’s taken a while for Lagunitas to pull the 12-oz. can lever on flagship brand, IPA, but they’re finally pulling it, and they’re marketing the move in a very Lagunitas way. The California brewer will promote the recent rollout of Lagunitas IPA in 12-packs of 12-oz. cans [see BBD 09-18-2019], by launching the … Continue reading “Lagunitas Spoofs HSN in “First Major Integrated Marketing Campaign””

Dear Client: CBD readers may recall that Boulder-based Fate Brewing closed its doors earlier this year [see CBD 05-22-2019].  Now Westword is reporting that Durango, Colorado-based Ska and its sister distillery venture, Peach Street, plan to open in their building next spring, with a flagship concept called Ska Street.  It will be much higher visibility … Continue reading “Ska Building Big Flagship Boulder Location Showcasing Distillery”

Dear Client: Founders Brewing Co. sent notice this afternoon that the lawsuit involving the brewery and former employee Tracy Evans “has been dismissed after the parties reached a settlement agreement.”  “Terms of the settlement will not be disclosed,” the notice said. As you may know, the case has been going on for over a year … Continue reading “Founders Strikes Settlement in Racial Discrimination Suit”

Dear Client: To no surprise, hard seltzer dominated Boston Beer’s third quarter earnings call yesterday.  The talk surrounding seltzer was pretty frothy, of course, featuring estimations of triple digit growth, the category doubling in size, and Boston Beer’s own hard seltzer line, perhaps even, doubling its share of the segment next year. When it came … Continue reading “Boston Using 2020 As a Year to “Retool and Rethink” Sam Adams and Angry Orchard”

Dear Client: Recall that Boston Q2 shipments and depletions were both up 17%, a bit of a surprise since the brewer was supposed to ramp down overshipments of Truly in the second quarter. Demand was clearly still there. Those results had found Boston upgrading its full year shipments and depletions guidance, to between 17% and … Continue reading “Boston Q3 Depletions Up 30%”

Dear Client: Naperville, Illinois’ Solemn Oath started in 2012, “driven by a passion for Belgian-inspired and wood-aged beers,” as it described itself. That’s a far cry from hard seltzer, but the brewer is rolling out just that in its home state.  Starting this week, Solemn Oath’s spinoff seltzer brand, City Water, will be “available throughout … Continue reading “Chicago Brewer Solemn Oath Debuts First Local Hard Seltzer, City Water”

Dear Client: Around the start of the summer, news began to trickle out that Yuengling was looking to build a hotel, restaurant, tasting room, and much more in Tampa, its home away from home.  The Pennsylvania-based brewer, which also brews in Tampa atop a 43-acre plot it purchased two decades ago, filed rezoning plans back … Continue reading “Yuengling’s Plans for a Mixed-Use Redevelopment in Tampa are a Go”

Dear Client: Last we wrote about Virginia/North Carolina-based Bold Rock, they’d said they were eyeing about 100,000 barrels of mostly cider production in 2019 [see CBD 05-07-2019]. Lindsay Dorrier III, director of new business development, told CBD they’re about 6% of the U.S. cider market in just 11 markets, surpassed only by the category leader, … Continue reading “Bold Rock Opens Distillery, Launches RTD Craft Cocktails: But What About Cider?”