Castle Island Acquires Cambridge Brewing’s Intellectual Property

Castle Island Acquires Cambridge Brewing’s Intellectual Property

Norwood, Massachusetts-based Castle Island Brewing Company has acquired the intellectual property (IP) of Cambridge Brewing Company (CBC). The deal closed Tuesday, three days before Cambridge Brewing was set to cease operations.

Brewers Association Taps Bart Watson as Next CEO

Brewers Association Taps Bart Watson as Next CEO

The Brewers Association (BA) has named Bart Watson as the trade group’s next president and CEO. Watson will succeed Bob Pease, who is retiring from the organization, effective January 3. Watson’s first day in the new role will be January 6.

Consumers Starting to Explore RTDs in the On-Premise

Consumers Starting to Explore RTDs in the On-Premise

One-quarter of consumers who have visited the on-premise in the past three months have ordered a ready-to-drink cocktail (RTD) during that time, according to CGA, the on-premise arm of market research firm NIQ.

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INSIDER’S Week in Beer: 🙌 Oktoberfest Stays Undefeated

INSIDER’S Week in Beer: 🙌 Oktoberfest Stays Undefeated

This week’s beer goes out to Oktoberfest beers for kicking pumpkin beers’ a**es during this fall seasonal uh, season. Lester Jones shared this nice chart here from the folks at FINTECH in a webinar last week illustrating the dominance (well done on the Beerfest addition there – who says data nerds don’t have fun?).

CPI for Beer at Home and Away Outpaces Total Alcohol

CPI for Beer at Home and Away Outpaces Total Alcohol

After one month on par with the increase in overall inflation, the consumer price index (CPI) for beer at home rose faster than inflation for all items year-over-year (YoY) in November 2024, according to the U.S. Bureau of Labor Statistics (BLS).

Kroger, Albertsons Terminate Megamerger Agreement

Kroger, Albertsons Terminate Megamerger Agreement

The Kroger Company and Albertsons Companies this week terminated the proposed $24.6 billion merger agreement that was initially announced more than two years ago, after a federal judge sided with the Federal Trade Commission suing to block the deal and Washington and Oregon state courts put permanent injunctions in place to halt the transaction.

Allagash Entering Colorado with Elite Brands

Allagash Entering Colorado with Elite Brands

Allagash Brewing is returning to Colorado for the first time in almost 20 years. The Portland, Maine-headquartered, Belgian-inspired brewery will have statewide distribution through Elite Brands.

Seth Rogen Brings Houseplant THC Seltzers to U.S.

Seth Rogen Brings Houseplant THC Seltzers to U.S.

Hollywood’s cannabis king is pouring up something new. Houseplant, the Los Angeles-based cannabis and lifestyle brand co-founded by actor and producer Seth Rogen, is moving into beverages with the U.S. launch of a four-SKU line of hemp-derived THC-infused flavored sparkling waters, available now in select markets and online.

Brewbound Reveals 2024 Award Winners and Rising Stars

Brewbound Reveals 2024 Award Winners and Rising Stars

Brewbound unveiled the trade publication’s 2024 industry Award Winners and Rising Stars today during the 2024 Brewbound Live business conference in Marina del Rey, California. The Brewbound Awards serve as an appreciation of industry members, trend setters, breakout brands, change agents and up-and-coming entrepreneurs, celebrating their achievements in the last year.