Chicago-based beverage company Phusion Projects has launched a new Four Loko series. Called Innovation, it’s a 12% ABV hard seltzer, sold in 23.5-ounce single-serve cans, Brewbound reports. This is more than twice the most common alcoholic seltzers with range between 4-5% ABV. Before Four-Loko, one of the others exceptions has been Pabst’s Strong Seltzer at 8%…