Exclusive news and research on the wine, spirits and beer business

Daily Archive: June 18, 2019

CBD Beverages Could Reach $2 Billion In U.S. By 2025

With the market for cannabidiol (CBD) expanding at a rapid rate across the U.S. in myriad forms including tinctures, capsules, topicals, and beverages, the category was a hot topic at the Cannabis World Congress, held recently at New York’s Javits Center. Continue reading →

Posted in News on June 18, 2019

Canada Details Rules For Edibles, Drinkables Ahead Of October Rollout

Canada’s cannabis market is set to enter new territory later this year with the launch of edibles, extracts, and topical products. Health Canada officials recently announced the official regulations for those new categories as well as the timetable for their coming to market. Continue reading →

Posted in News on June 18, 2019

Cannabis Briefs for June 18, 2019

Vertical Companies, a California cannabis brand producer and distributor, will acquire the newly formed cannabis holding company Umbrla for $462.5 million. Continue reading →

Posted in News on June 18, 2019

Domestic Sparkling Wines Tap Premiumization Trend

While domestic sparkling wines were roughly flat in the U.S. in 2018, the category has expanded by nearly 1.4 million cases over the past four years, and premiumization is taking root as consumers reach for higher-end bottles. Continue reading →

Posted in News on June 18, 2019

News Briefs for June 18, 2019

•Diageo has received approval to create a new visitor experience at its Clynelish distillery in Scotland. Continue reading →

Posted in News on June 18, 2019