Craft Brew News # 32 - Cannabis Beverages and Texas Beer-To-Go
Jun 21, 2019 ·
8m 33s
Craft Brew News – 6/21/19 (courtesy of Brewbound.com) Texas Governor to Sign Beer-to-Go into Law Texas Gov. Greg Abbott will officially make beer-to-go sales at the state’s manufacturing breweries legal...
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Craft Brew News – 6/21/19
(courtesy of Brewbound.com)
Texas Governor to Sign Beer-to-Go into Law
Texas Gov. Greg Abbott will officially make beer-to-go sales at the state’s manufacturing breweries legal during a June 15 signing ceremony at Austin Beerworks.
Abbott’s signature will allow consumers to purchase up to one case of beer (288 fl. oz.) per day from the state’s manufacturing breweries, starting September 1, 2019. Those sales would count against a 5,000-barrel cap that is already in place for on-premise taproom sales at those breweries.
His signature will also ensure operations of the state’s alcohol regulatory body, the Texas Alcoholic Beverage Commission (TABC), will continue.
Yards Brewing Begins Offering Contract Brewing Services
Philadelphia’s Yards Brewing Company is now offering contract brewing services to fill about 60,000 barrels of excess capacity.
Yards, which opened a 70,000 sq. ft. production facility and taproom in November 2017, has about 100,000 barrels of annual capacity. Last year, Yards’ production declined 2 percent, to 40,296 barrels, according to data from the Brewers Association.
Yards said its first client is New Jersey’s Cape May Brewing Company, according to a press release on the Brewers of PA website. The company is seeking additional partners.
US House Committee Expected to Extend Federal Excise Tax Relief for Brewers
An effort to maintain reduced federal excise taxes (FET) on all brewers an importers could take a major step forward.
The House Ways and Means Committee is expected to extend tax cuts for alcohol producers and importers as part of the Taxpayer Certainty and Disaster Tax Relief Act of 2019 (H.R. 3301) extender bill.
Although the committee’s version of tax relief would only extend through the end of 2020, alcohol industry trade groups say they plan to continue efforts to make the tax cuts permanent.
The extender would keep in place through December 31, 2020, an excise tax rate of $3.50 per barrel (a reduction from $7 per barrel) on the first 60,000 barrels for domestic brewers producing fewer than 2 million barrels annually. The legislation also sets the federal excise tax to $16 per barrel on the first 6 million barrels for all other brewers and beer importers, while maintaining the $18 per barrel excise tax for brewers producing more than 6 million barrels.
The Brewers Association, the Colorado-based trade group supporting over 7,000 small and independent breweries, also supports the bill also plans to continue working alongside the BI to advance the legislation.
Cannabiniers on Verge of Next Brewery Acquisition
Lighthouse Strategies — the company behind Cannabiniers and the Two Roots line of CBD- and THC-infused non-alcoholic craft beers – is closing in on its next brewery acquisition.
CEO and chairman Michael Hayford said the company could finalize the purchase of a craft beer company in the Great Lakes region of the U.S. before the end of June.
According to Hayford, who discussed his company’s strategy and outlook on the cannabis space at BevNET’s Cannabis Forum last week in New York City, the forthcoming acquisition will aid Lighthouse’s expansion into the Canadian cannabis market when drinkable products are permitted for sale later this year.
Though he declined to name the company, or discuss financial terms of the potential deal, Hayford said the brewing facility is capable of producing between 60,000 and 100,000 barrels of beer annually.
In the meantime, Hayford confirmed that Lighthouse has been working with San Diego’s Green Flash Brewing Company for contract beer production. Under the terms of that arrangement, Cannabiniers has access to 50,000 barrels of production capacity annually.
Subscribe to Craft Beer Storm Podcast iTunes:
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*** A Top 20 Podcast in Food on iTunes ***
Michael Potorti is the Host of Craft Beer Storm and Founder/Brewer at Beara Brewing Co. in Portsmouth, NH
*** Interested in starting your own brewery? Our Portsmouth, NH TURNKEY facility is for sale! Follow link for more info:
https://www.neren.com/Listing/2800-Lafayette-Rd-12A/5cdda2dabf34cb9150a7faeb
Michael Potorti
Founder/Brewer
Host of "Craft Beer Storm" Podcast
michael@craftbeerstorm.com
michael@bearairishbrew.com
*** Come visit our brewery for some delicious local craft brew! ***
Beara Brewing Co.
2800 Lafayette Road
Portsmouth, NH 03801
Tel. (857) 342-3272
www.bearairishbrew.com
Like us on
Instagram: https://www.instagram.com/bearairishbrew/?hl=en
Facebook: https://www.facebook.com/BearaIrishBrewingCo
Twitter: https://twitter.com/BearaIrishBrew
Linked In: https://www.linkedin.com/in/beara-brewing-co-30776075/
**LISTEN to our Craft Beer Storm Podcast and share with a friend**
Craft Beer Storm Podcast iTunes:
https://podcasts.apple.com/us/podcast/craft-beer-storm/id1438117278
Craft Beer Storm You Tube: https://www.youtube.com/channel/UCp3PVuCGmywNWlGFh0N0ukg?view_as=subscriber
Craft Beer Storm Podcast Stitcher:
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Craft Beer Storm Facebook:
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(courtesy of Brewbound.com)
Texas Governor to Sign Beer-to-Go into Law
Texas Gov. Greg Abbott will officially make beer-to-go sales at the state’s manufacturing breweries legal during a June 15 signing ceremony at Austin Beerworks.
Abbott’s signature will allow consumers to purchase up to one case of beer (288 fl. oz.) per day from the state’s manufacturing breweries, starting September 1, 2019. Those sales would count against a 5,000-barrel cap that is already in place for on-premise taproom sales at those breweries.
His signature will also ensure operations of the state’s alcohol regulatory body, the Texas Alcoholic Beverage Commission (TABC), will continue.
Yards Brewing Begins Offering Contract Brewing Services
Philadelphia’s Yards Brewing Company is now offering contract brewing services to fill about 60,000 barrels of excess capacity.
Yards, which opened a 70,000 sq. ft. production facility and taproom in November 2017, has about 100,000 barrels of annual capacity. Last year, Yards’ production declined 2 percent, to 40,296 barrels, according to data from the Brewers Association.
Yards said its first client is New Jersey’s Cape May Brewing Company, according to a press release on the Brewers of PA website. The company is seeking additional partners.
US House Committee Expected to Extend Federal Excise Tax Relief for Brewers
An effort to maintain reduced federal excise taxes (FET) on all brewers an importers could take a major step forward.
The House Ways and Means Committee is expected to extend tax cuts for alcohol producers and importers as part of the Taxpayer Certainty and Disaster Tax Relief Act of 2019 (H.R. 3301) extender bill.
Although the committee’s version of tax relief would only extend through the end of 2020, alcohol industry trade groups say they plan to continue efforts to make the tax cuts permanent.
The extender would keep in place through December 31, 2020, an excise tax rate of $3.50 per barrel (a reduction from $7 per barrel) on the first 60,000 barrels for domestic brewers producing fewer than 2 million barrels annually. The legislation also sets the federal excise tax to $16 per barrel on the first 6 million barrels for all other brewers and beer importers, while maintaining the $18 per barrel excise tax for brewers producing more than 6 million barrels.
The Brewers Association, the Colorado-based trade group supporting over 7,000 small and independent breweries, also supports the bill also plans to continue working alongside the BI to advance the legislation.
Cannabiniers on Verge of Next Brewery Acquisition
Lighthouse Strategies — the company behind Cannabiniers and the Two Roots line of CBD- and THC-infused non-alcoholic craft beers – is closing in on its next brewery acquisition.
CEO and chairman Michael Hayford said the company could finalize the purchase of a craft beer company in the Great Lakes region of the U.S. before the end of June.
According to Hayford, who discussed his company’s strategy and outlook on the cannabis space at BevNET’s Cannabis Forum last week in New York City, the forthcoming acquisition will aid Lighthouse’s expansion into the Canadian cannabis market when drinkable products are permitted for sale later this year.
Though he declined to name the company, or discuss financial terms of the potential deal, Hayford said the brewing facility is capable of producing between 60,000 and 100,000 barrels of beer annually.
In the meantime, Hayford confirmed that Lighthouse has been working with San Diego’s Green Flash Brewing Company for contract beer production. Under the terms of that arrangement, Cannabiniers has access to 50,000 barrels of production capacity annually.
Subscribe to Craft Beer Storm Podcast iTunes:
https://itunes.apple.com/us/podcast/craft-beer-storm/id1438117278?mt=2
*** A Top 20 Podcast in Food on iTunes ***
Michael Potorti is the Host of Craft Beer Storm and Founder/Brewer at Beara Brewing Co. in Portsmouth, NH
*** Interested in starting your own brewery? Our Portsmouth, NH TURNKEY facility is for sale! Follow link for more info:
https://www.neren.com/Listing/2800-Lafayette-Rd-12A/5cdda2dabf34cb9150a7faeb
Michael Potorti
Founder/Brewer
Host of "Craft Beer Storm" Podcast
michael@craftbeerstorm.com
michael@bearairishbrew.com
*** Come visit our brewery for some delicious local craft brew! ***
Beara Brewing Co.
2800 Lafayette Road
Portsmouth, NH 03801
Tel. (857) 342-3272
www.bearairishbrew.com
Like us on
Instagram: https://www.instagram.com/bearairishbrew/?hl=en
Facebook: https://www.facebook.com/BearaIrishBrewingCo
Twitter: https://twitter.com/BearaIrishBrew
Linked In: https://www.linkedin.com/in/beara-brewing-co-30776075/
**LISTEN to our Craft Beer Storm Podcast and share with a friend**
Craft Beer Storm Podcast iTunes:
https://podcasts.apple.com/us/podcast/craft-beer-storm/id1438117278
Craft Beer Storm You Tube: https://www.youtube.com/channel/UCp3PVuCGmywNWlGFh0N0ukg?view_as=subscriber
Craft Beer Storm Podcast Stitcher:
https://www.stitcher.com/podcast/podcast-center-la-2/craft-beer-storm
Craft Beer Storm Facebook:
https://www.facebook.com/craftbeerstorm/
Craft Beer Storm Instagram:
https://www.instagram.com/michaelpotorti/
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