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Legal Roundup: Sierra Nevada Counter Sues Matagrano; Grupo Modelo-Constellation Brands Lawsuit Continues

Legal Roundup: Sierra Nevada Counter Sues Matagrano; Grupo Modelo-Constellation Brands Lawsuit Continues

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.

Constellation Brands’ Beer Sales Top $6 Billion in Fiscal Year 2021

Constellation Brands’ Beer Sales Top $6 Billion in Fiscal Year 2021

Net sales of Constellation Brands’ beer portfolio — including Mexican import labels Corona, Modelo and Pacifico — topped $6 billion, an 8% increase, in fiscal year 2021, the company shared today while reporting its full-year earnings.

Constellation Brands’ Depletions Increase 12% in Q3; Funky Buddha Hard Seltzer to Expand to 10 Markets

Constellation Brands’ Depletions Increase 12% in Q3; Funky Buddha Hard Seltzer to Expand to 10 Markets

The biggest challenge the producer of popular Mexican import brands Corona, Modelo and Pacifico faced in 2020 came in March when the Mexican government ordered the shutdown of all manufacturing industries, including beer. This pause in production led to depleted inventory that was still being replenished into the third quarter and created a gap between shipments (sales to wholesalers) and depletions (sales to retailers) growth.