- LARGEST CALIFORNIA BREWERIES UPGRADE
- LARGEST CALIFORNIA BREWERIES FULL
- LARGEST CALIFORNIA BREWERIES SERIES
Beer is the most popular alcoholic beverage in the United States. Consumption varies by state, but overall, most of the alcohol is consumed in the form of beer. consumes about 8.7 liters of pure alcohol per person per year. Listen here.The minimum drinking age in the United States is 21 years old and is strictly enforced.
LARGEST CALIFORNIA BREWERIES FULL
Overall, the company has raised around $1 million.īand and Full Circle brewer Mike Sumaya recently joined the Brewbound Podcast to discuss the brewery’s crowdfunding efforts, its beer portfolio and distribution map.
LARGEST CALIFORNIA BREWERIES UPGRADE
Full Circle previously raised nearly $682,000 through crowdfunding efforts, which helped the brewery upgrade its 30-barrel brewhouse and expand distribution to the East Coast, according to the campaign page. The company has thus far raised $91,004.04 with 21 days left in its campaign. The merger comes as Full Circle is in the midst of a crowdfunding campaign via the StratEngine platform. Butner sold Horizon to Anheuser-Busch InBev in 2015, which brought it into its network of wholly owned distributors before selling it to Matagrano, Inc. In 2021, the most recent year for which BA data is available, Speakeasy produced 5,000 barrels.īutner acquired Speakeasy out of receivership in 2018, and worked to rebuild its distribution network – a part of the industry he was well acquainted with as the former owner of Oakland-based Horizon Beverage. It fell further in 2018, to 2,100 barrels.
Its most significant drop-off in recent years took place from 2016-2017, when volume declined from 27,000 barrels to 5,446 barrels.
The brewery’s beer volume reached 2,150 barrels in 2021, according to the Brewers Association’s (BA) May/June 2022 edition of the New Brewer.įounded in 1997, Speakeasy’s output has declined considerably since its 2015 high of 32,673 barrels, according to production data collected by the BA. Full Circle began offering Sonoma Cider in its taproom in 2021, and brought it back into distribution in 2022. Moye bought the hard cider brand (excluding its former facility) in 2020, two years after it was forced to liquidate to pay off debts, The Press Democrat reported. The merger follows Full Circle’s acquisition of Healdsburg, California-based Sonoma Cider. Moye, a former CPA, took ownership of the brewery in 2016, after selling his accounting practice. However, the company is still determining the future of the Speakeasy taproom and where the brand will be produced.įresno-based Full Circle has been in operation since 2000. The company said Steven Bruce, who was among Speakeasy’s founders, will represent the brand’s sales team in the Bay Area.įull Circle marketing manager Adam Band told Brewbound that both brands plan to maintain their existing distribution networks. The three brands will have 20,000 barrels of annual capacity (around 350,000 cases).
LARGEST CALIFORNIA BREWERIES SERIES
The deal will bring together Full Circle’s portfolio of fruit-forward products such as the Illa and Vibes series and the Sonoma Cider brands with Speakeasy’s traditional set of offerings (Big Daddy IPA West Coast IPA, Prohibition Ale and Metropolis hoppy American lager). “We plan to breathe new life into current brands, and expand its range of products.”įinancial terms of the transaction, which was finalized last week, were not disclosed. “We are excited to apply what we learned from revitalizing Full Circle and increasing sales by 5,000%, to San Francisco’s longest running independent brewery,” Full Circle CEO Arthur Moye added.
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