Read the latest beyond beer news relating to companies involved with RTD cocktails, hard cider, hard seltzer, hard kombucha, spirits, cannabis, and non-alcoholic products. Take a comprehensive look at developments in these evolving sectors, offering valuable insights into the innovations, trends, and market forces shaping the world of beer and beyond.
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Former Angry Orchard head cider maker Ryan Burk has joined Blake’s Beverage Company as VP of quality and innovation. Burk has been advising Blake’s and its portfolio of brands – Blake’s Hard Cider, Austin Eastciders and AVID Cider Co. – for a couple years, including through the launch of its most recent innovations.
Allagash Brewing is launching its first non-alcoholic (NA) offering this week with the release of Allagash Hop Water. Hop Water will exclusively be sold in 12 oz. can 6-packs at the brewery’s tasting room in Portland, Maine, starting later this week.
The once-booming flavored malt beverage (FMB) segment is “showing some concerning declarations over recent weeks,” Bump Williams Consulting (BWC) founder Bump Williams noted in a recent report. FMB volume gains dropped by half – from +2.2%, to +1.1% – from the four-week period to the one-week period ending May 18, according to NIQ retail measurement data cited by BWC.
Hard seltzer accounted for 28% of beer category sales on Drizly over the July 4 weekend, up 2% from 2020, according to the on-demand, e-commerce alcohol delivery platform.
Anheuser-Busch InBev CEO Carlos Brito officially passed the torch Thursday to Michel Doukeris after 15 years with the world’s largest beer manufacturer.
Canadian cannabis company HEXO Corp. has established its U.S. presence with the acquisition of a production facility in Fort Collins, Colorado. “This will be the first expansion into the U.S. market,” HEXO general manager of U.S. operations Charles Bowman told Brewbound. “There’s more forthcoming, but this is the bedrock. This is our foundation.”
BevNET is proud to announce its inaugural Cocktail Showdown, a pitch competition that will showcase the most innovative and disruptive brands in the rapidly emerging category of spirit-based ready-to-drink and ready-to-pour cocktails. Taking place on August 12, 2021, the competition will be presented as a virtual platform for the hottest new pre-mixed cocktail brands in America.
PepsiCo filed an application with the U.S Patent and Trademark Office to trademark its Rockstar brand in the beer and “alcoholic fruit cocktail drinks; alcoholic malt beverages, except beers; hard seltzer” categories on June 14.
Sierra Nevada has filed a counter lawsuit against Matagrano, Inc., the Chico-headquartered craft brewery’s former South San Francisco-based wholesaler, in the Superior Court of the state of California, County of San Mateo. The trademark lawsuit between Constellation Brands and Anheuser-Busch InBev’s Grupo Modelo over the former’s ability to produce and sell Corona Hard Seltzer will continue, despite Constellation’s motion to dismiss, a federal judge ruled this week.
Minhas Craft Brewery, the second-oldest continuously run brewery in the U.S., is producing Happy Dad Hard Seltzer, which was created by the Nelk Boys, a group of Canadian YouTubers with more than 6.6 million subscribers.
Ready-to-drink canned cocktail maker Ohza has closed a $4 million funding round led by CircleUp Growth Partners. The financing is expected to help the brand scale nationwide as it partners with distributors such as Southern Glazer’s Wine & Spirits and Breakthru Beverage group.
Sugar-based hard seltzers are now considered malt beverages in Oregon and will be taxed accordingly, ending the state’s discrepancy with the federal government’s classification of the popular bubbly beverages.
More than 75% of beer wholesalers said the summer selling season is off to “a strong start,” as Memorial Day trends either met or exceeded expectations, Goldman Sachs analyst Bonnie Herzog found in her latest “Beverage Bytes survey” of about 40 distributors covering 145,000 retail outlets (about a quarter of the total U.S. outlets that sell alcoholic beverages).
Leading hard kombucha brewery JuneShine announced the completion of Series A funding today, led by several celebrity investors.
Efforts to equalize the tax rate for ready-to-drink canned cocktails with beer in New Jersey have picked up steam in recent weeks.
Consumers used the long weekend to sneak in an extra round with friends and family — and many purchased those drinks online. Sales on alcohol delivery on-demand marketplace Drizly spiked 30% on the Sunday of Memorial Day weekend, compared to the previous four Sundays in May, the company shared. The hard seltzer segment reached a 28% share of overall beer category sales during the holiday weekend, an increase of 3% over its overall share for the month.
Everybody’s talking about RTDs, and for good reason. The ready-to-drink (RTD) beverage alcohol segment is absolutely exploding, with that growth triggering a slew of new brands and products entering the market.
