Molson Coors Acquires Clearly Kombucha for Tenth and Blake

Dear Client:Molson Coors has just announced its purchase of Clearly Kombucha, a non-alcoholic fermented tea beverage. They'll actually integrate it into the Tenth and Blake portfolio, with more details on that strategy to come. Initial rollout should start in the fall.As more beer companies invest in non-alc beverages-- see A-B's investment last year into HiBall, and its global goal that 20% of its volumes are in non-alc by 2025 -- kombucha seems a natural space for the industry. The beverage