Dear Client:   CANarchy Craft Brewery Collective and its most recent craft brewery acquisition, Three Weavers Brewing, announced on Friday afternoon that they are going separate ways. Recall, CANarchy acquired the California-based brewery in July of 2018, and now less than three years in, the large craft collective has decided to sell Three Weavers back to … Continue reading “CANarchy Sells Three Weavers Back to Founder”

Dear Client:   Back in March, we reported that a new privately-owned holding company, Northeast Drinks Group, had acquired Vermont Cider Company from large Ireland-based supplier C&C Group. The deal, which carried a reported purchase price of $20 million, also included Vermont Cider Company’s co-packing arm, Green Mountain Beverage, which produces “canned, kegged, or bottled (RTD, … Continue reading “VCC’s New Owner Ramping Up Canning Capacity for Its Own Brands and Others’”

Dear Client:   Last week we dissected the latest edition of The New Brewer to highlight how regional craft brewers fared over 2020. Today we’ll dive back into the pages of The New Brewer to deliver a look at how the big brewer-owned regionals performed over the year. The New Brewer counts 30 big brewer-backed regionals, … Continue reading “Only 7 Big Brewer-Backed Craft Breweries Grew Last Year”

Dear Client:   When we talk about Anheuser-Busch and hard seltzer, it’s often about their big brand seltzers, which is quite a load, think Bud Light Seltzer, Mich Ultra Seltzer, CACTI, Bon V!V, Natty Seltzer and more. But unbeknownst to many, is the other arsenal of hard seltzers owned by A-B at the craft level through … Continue reading “A-B’s Arsenal of Craft Seltzers”

Dear Client:   Craft trends continue to sink in the off-premise. It isn’t the only beer segment going through a rough patch as we lap last year’s panty loading comps (every beer segment has seen its trends worsen in the off-premise since mid-March), however, craft’s numbers have begun to fall faster than most. For instance, craft … Continue reading “Craft’s Double-Digit Declines Continue in Latest Scans”

Dear Client:   If we’ve learned anything about hard seltzer over the past year, it’s that a line of core flavors will only get you so far… The big players in seltzer are now on a furious innovation cycle rolling lemonade seltzers, tea seltzers, punch seltzers to try and grow or just maintain the share they … Continue reading “Brewers Beefing Up Seltzer Lines Ahead of Summer”

Dear Client:   Leading non-alc craft brewer, Athletic Brewing Co., recently closed a series C investment round worth $50 million, led by Alliance Consumer Growth and TRB advisors, CBD has learned. They’ll mainly use the funds to build an East Coast facility, slated to open early next year.  “TRB has been a long-time investor, and Alliance … Continue reading “Athletic Secures $50 Million Series C for East Coast Facility”

With the onset of the pandemic, the smallest craft breweries were proportionally hit the hardest.Limited packaging and distribution aside, taprooms are the source of their revenues (and almostall their profit). As the shutdowns went into effect, smaller craft breweries let go of their staffand many shut down for an extended period. Still others got creative—packaging … Continue reading “When Life Gives You Lemons, Make Lemonade… Or Beer”

Dear Client:   We figured regional craft brewers, like most brewers, had a rough year in 2020. Now we know how rough: The 220 or so regionals (craft brewers doing between 15,000 barrels and 6 million barrels), were down 9% last year, according to the latest edition of The New Brewer (aka the Industry Review issue). … Continue reading “The Regional Craft Brewers that Rocked 2020”

Dear Client:   We figured regional craft brewers, like most brewers, had a rough year in 2020. Now we know how rough: The 220 or so regionals (craft brewers doing between 15,000 barrels and 6 million barrels), were down 9% last year, according to the latest edition of The New Brewer (aka the Industry Review issue). … Continue reading “The Regional Craft Brewers that Rocked 2020”

Dear Client:   We don’t have a Bart and Paul show this spring, but the dynamic duo is still bringing us an overview of how craft performed last year in written form. Bart Watson, the chief economist of the Brewers Association, and Paul Gatza, SVP at the BA, took to the pages of the latest edition … Continue reading “Taprooms “Almost Eked Out Growth in 2020” and other Craft Category Highlights”

Dear Client:   The New Brewer registers iconic New York craft brewer, Brooklyn Brewery, as having produced 282,000 barrels in 2019. Last year, they did closer to 200,000 barrels, as COVID paralyzed their New York backyard. We wondered if they could possibly get back to 2019 levels this year.  Probably not, Brooklyn CEO Eric Ottaway tells … Continue reading “Brooklyn Brewery up “Stupid Numbers” Right Now”

Dear Client:   The fight between two up-and-coming Northeast companies – Loverboy and Night Shift Distributing – is heating up. Recall the crux of this distribution rights dispute going down in Massachusetts is whether fast-growing hard tea brand Loverboy has to pay fair market value — actually, whether it has to pay anything at all — … Continue reading “Loverboy Takes Dispute with Night Shift Distributing to Federal Court”

Dear Client:   Boston Beer, A-B, Constellation, Heineken… they all own or have stakes in pubs or restaurants in Miami. And it’s clear why: With a coastal population that’s roughly 70% Hispanic, and that typically grows year over year (although the last couple years have stalled a bit)… it’s a great place to both incubate ideas, … Continue reading “In Miami, Beer Cocktails are All the Rage”

Dear Client:   Last night, Modern Times founder and CEO, Jacob McKean, announced he is “stepping down” from his role as CEO, and that the California-based brewery will “immediately” begin “a formal search for new company leadership.” The abrupt resignation comes after Modern Times was repeatedly flagged as a toxic place to work in a recent … Continue reading “Modern Times’ Jacob McKean Steps Down as CEO, Amid Toxic Workplace Allegations”