Just two weeks after closing on the acquisition of Atlanta’s Sweetwater Brewing Company, Canadian cannabis company Aphria has reached an agreement to merge with Tilray, forming the world’s largest cannabis company valued at $3.8 billion.
The CANarchy Brewery Collective has forged its first non-alcoholic beverage partnership. The craft brewery rollup announced today a master distribution agreement with Revitalyte, a recovery beverage sold in convenience and liquor stores that is targeted to those seeking a remedy for hangovers and athletes looking for a recovery drink.
Heineken USA and AriZona Beverages’ Hornell Brewing Company are working together to launch AriZona Sun Rise Hard Seltzer nationwide in the first quarter of 2021.
The Los Angeles-based beer manufacturer’s PR firm today announced the formation of Pabst Labs, a licensed cannabis company based in Los Angeles, as well as the launch of a non-alcoholic, THC-infused, lemon-flavored seltzer, Pabst Blue Ribbon Cannabis Infused Seltzer, in California.
Molson Coors Beverage Company believes that it finally has a portfolio of brands to win in the hard seltzer segment, after announcing a multiyear partnership Tuesday that allows the company to use the Topo Chico trademark to produce, market and distribute a much-anticipated hard seltzer brand in the U.S.
Just 13 days after announcing a joint venture with Yuengling to distribute the Pennsylvania brewery’s beer west of the Mississippi River, Molson Coors today announced a deal with The Coca-Cola Company to manufacture, market and distribute Topo Chico Hard Seltzer in the U.S.
Atlantic Beverage Distributors -- a Holliston, Massachusetts-based craft beer, wine and spirits importer and wholesaler -- announced today the acquisition of the operations of Bayside Distributors, which is also based in Holliston.
Canadian non-alcoholic beer maker Partake Brewing has raised $4 million in the company’s first institutional funding round, which was led by San Francisco-based CircleUp Growth Partners.
Energy drink maker Monster Beverage could be entering the more than $2 billion hard seltzer segment, according to a report by Stifel Financial analyst Mark S. Astrachan.
An aid package that includes help for employees of small businesses is making its way through Congress as the coronavirus pandemic known as COVID-19 spreads across the U.S.
Connecticut-based craft non-alcoholic beer maker Athletic Brewing Company announced today the acquisition of the assets of the former Ballast Point “Trade Street” facility, as well as the close of a $17.5 million Series B funding round.
Chris Hollod wants to be known as one of the most active angel investors in the alcohol space. After about a decade of making investments with billionaire Ron Burkle and actor Ashton Kutcher, Hollod, a Los Angeles-based venture capitalist, struck out on his own in 2019 and has shifted his focus from investing in tech companies such as Airbnb, Uber, Spotify and Warby Parker, to investing in consumer packaged good companies, specifically “alternative alcohol” companies.
Canadian Cannabis company Canopy Growth Corporation announced today the appointment of David Klein as CEO, effective January 14, 2020. Klein has served as the chief financial officer of Constellation Brands since mid-2015.
As part of the restructuring, Molson Coors will also change its named to the Molson Coors Beverage Company in 2020 to reflect the company’s “strategic intent to expand beyond beer and into other growth adjacencies.”