craft beer

With a $2 billion valuation, Tilray Brands (NASDAQ: TLRY) ranks as the largest cannabis company outside the U.S., leading in international sales and the Canadian recreational market. Pablo Zuanic of Zuanic & Associates has initiated coverage on Tilray with a 'Neutral' rating,...

Montauk Brewing Company, a New York craft brewer and a subsidiary of cannabis giant Tilray Brands, Inc. (NASDAQ: TLRY) (TSX: TLRY), has kicked off its expansion beyond the Northeast, beginning in Georgia, and continues to other significant markets in the U.S. later this year. “This is a huge...

Tilray Brands (NASDAQ: TLRY) may be a cannabis company, but it is officially among the largest craft brewers in the U.S. The firm's beer division ranks ninth on the Brewers Association’s annual report of the nation’s top craft companies based on beer sales volume in 2022. Tilray...

A leading energy drink company is pushing into craft beer with the acquisition of a top 10 national craft beer brewing company. Here’s the details. What Happened: Monster Beverage Corp (NASDAQ: MNST) announced the acquisition of CANarchy Craft Brewery Collective for $330 million....

Tilray Inc. (NASDAQ: TLRY) wrapped up two previously announced deals to acquire Green Flash Brewing and Alpine Beer Co. The Canadian cannabis giant purchased the California craft beer brands from WC IPA on Dec. 17, for $5.1 million (CA$6.4 million), in cash and stock, according to...

The beer industry is undergoing a shift in preference as consumers gravitate towards lower-calorie options or hard seltzer alternatives. According to the U.S. Brewers Association, U.S. beer volume sales were down 1% in 2018 but craft names actually grew 4%. Retail dollar sales of craft beer rose 7...

Walmart Inc (NYSE: WMT) is looking to improve its alcohol selection by offering hyperlocal craft beers, high-end wines and top-shelf spirits. Walmart's Liquor Aisle  Walmart's "core offerings" of alcohol today include everyday brands like Bud Light, Miller Light and...

The craft beer market is getting crowded with new brews showing up and taking share away from established craft brewers. So, the recent decision by Boston Beer Company Inc (NYSE: SAM) to get even deeper into an increasingly competitive industry by buying another craft brewery is curious, says UBS...

Beer investors woke up to a busy Friday morning as Boston Beer Company Inc (NYSE: SAM) bought rival brewer Dogfish Head and Anheuser Busch Inbev NV (NYSE: BUD) is reportedly looking to spin its Asian business. Boston Beer Buys Dogfish Boston Beer, best known for its Sam Adams beer, announced...

Shares of Oregon-based maker of craft spirit maker Eastside Distilling Inc (NASDAQ: EAST) ticked higher Monday after the company's potential move into the CBD-infused beverages space became more clear. What Happened According to the webpage of the U.S. Patent and Trademark Office, Eastside...

Interested in trying pancake-flavored beer? If so, Dine Brands Global Inc (NYSE: DIN)'s IHOP chain has you covered.  What Happened IHOP has struck a partnership with New York's Keegan Ales to sell IHOPS Pumpkin Pancake Stout beer. The company's buttermilk pancake mix is infused...

Investors looking for a company that will see outsized benefits versus its peers from President Donald Trump's tax reform should consider Molson Coors Brewing Co (NYSE: TAP), according to Credit Suisse. The Analyst Credit Suisse's Laurent Grandet upgraded Molson Coors' stock from...

The price of a 24-pack of beer varies from state to state, mostly due to taxes, Simple Thrifty Living found in a study. Based on prices of 12-fluid-ounce cans sold at Wal-Mart Stores Inc (NYSE: WMT) stores, beer drinkers in the state of Michigan pay the least amount. The price of a 24-pack of beer...

At the Founders Brewing Co. headquarters in Grand Rapids, Michigan, evidence of the craft beer maker's exponential growth is everywhere. “Six months ago, this was a parking lot,” Cofounder and CEO Mike Stevens told Benzinga, while observing a new automated canning line from a...

A few decades ago, Larry Bell would show up at parties with bottles of beer he brewed in his basement. Some people were leery of this self-described stoner’s early editions of bootleg booze. Bell doesn’t blame them. “There was a lot of bad beer in the beginning,” Bell tells...