Non-alcoholic beer maker Athletic Brewing raises US$17.5m in Series B round

USA – Connecticut-based non-alcoholic craft beer startup, Athletic Brewing Company has closed a US$17.5 million Series B funding round to support its planned expansion and acquisitions. According to a Forbes report, the funding round attracted […]

Crown Holdings to build new beverage can plant in the United States

USA – Crown Holdings, a supplier of rigid packaging products has announced that it will build a new beverage can manufacturing facility in Bowling Green, Kentucky, USA to support the increased demand for beverage cans […]

Molson Coors Beverage Company unveils new corporate logo and identity

CANADA – Molson Coors Beverage Company has unveiled its new corporate identity, which the brewer describes as a modern and contemporary look designed to balance the heritage of the Molson and Coors names. According to […]

SA’s alcohol industry stipulates guidelines for marketing and promoting alcoholic products

SOUTH AFRICA – The alcohol industry in South Africa has committed to restricting its advertising times on TV and radio and not place billboard advertising within immediate proximity of schools. The restriction is an effort […]

Alcohol free wine maker FRE forays into the canned wine market with new offerings

USA – FRE, one of the leading alcohol-removed wine brand, has entered the cans market with the launch of new single-serving alcohol-removed wines; Sparkling Rosé and Sparkling Brut. The new offerings aim to give existing […]

BevCanna expands CBD-infused beverage production capabilities with more acquisitions

CANADA – BevCanna, a Vancouver based infused cannabis beverages producer has acquired cannabis genetics expert Carmanah Craft Corp., to expand its cannabis genetics program. The acquisition will give BevCanna access to an extensive library of […]

Canopy Growth names Constellation Brands’ veteran as new Chief Executive Officer

CANADA – Canopy Growth Corporation has appointed Constellation Brands’ executive vice president and chief financial officer David Klein as the company’s new Chief Executive Officer, effective January 14, 2020. David will be replacing Mark Zekulin […]

Canopy Growth begins production of cannabis-infused beverages at its Canadian facility

CANADA – Canopy Growth Corporation, a leading diversified cannabis company, has begun production of cannabis-infused beverages at its beverage facility located at company headquarters in Smiths Falls, Ontario, Canada. The company announced that the 150,000 […]

Ethiopia drafts bill to amend excise tax law on alcoholic and soft beverages

ETHIOPIA – Ethiopia’s Ministry of Finance has presented a bill to the Council of Ministers to amend the nation’s excise tax law in an effort to standardise taxation of alcoholic products, soft beverages and other […]

AB InBev pumps US$339m into its Nigerian subsidiary International Breweries

NIGERIA – Anheuser-Busch InBev (AB InBev) the parent company of International breweries has injected N123bn (US$339m) into the breweries operations, committing to participate fully in the new capital raising exercise. This follows the approval by […]