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Friday Night Beer Blog

Hello beer lovers, happy Friday! Come in and share a chill with us!

There are beer news and brews being bought and sold. But in those cases, the founding brewers have already cashed in, it’s VCs and conglomerates mixing assets that make beer.

Colorado’s largest craft brewery has been acquired by Monster Beverage Corp. (Nasdaq: MNST) in a deal that will provide Oskar Blues Brewery with much larger financial reserves, but set the Longmont business and the other breweries it owns on a path hitherto unknown. The Corona, Calif.-based energy drink maker announced Thursday that it has acquired CANarchy Craft Brewery Collective LLC for $330 million in cash, pending regulatory approval. CANarchy, formed after Massachusetts’ Fireman Capital Partners acquired Oskar Blues and then began adding other craft brewers to its fold, also includes Florida’s Cigar City Brewing, Squatters Craft Beers and Utah’s Wasatch Brewery, Deep Ellum Brewing Company of Texas and Perrin Brewing Company of Michigan.

Seven years after buying San Diego’s Saint Archer Brewing Company, Molson Coors ditched the brand and sold the local brewery and drinking places to Illinois-based Kings and Convicts Brewing, the same brand that owns the notable brewery San Diego Ballast Point.

Kings & Convicts will take over Saint Archer’s approximately 50,000 square foot (4,600 square meter) brewery in Miramar, but Molson Coors will retain the Saint Archer brand.

One of the many events postponed due to the COVID outbreak is the release of Pliny the Younger:

The Russian River Brewing Company has announced that it is delaying the release of its coveted Pliny the Younger beer. The new release date is scheduled for March 25 to April 7.

“Not only is Sonoma County experiencing a record spike in COVID cases and an increase in hospitalizations, but we are in the midst of our own internal push,” Russian River said in a statement posted on its website.

“For the safety of not only our employees but our community as a whole, this was the only responsible and logical choice to make considering all of these contributing factors,” the statement read.

I still have Hazy Little Thing. What are you drinking? Who brews?