Monthly Archive: June 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, 2019Domestic 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, 2019News 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, 2019Exclusive: Cuervo Sharpens Focus On 100%-Blue Agave Tradicional With Multi-Million Dollar Campaign
With 100%-blue agave Tequilas soaring in the U.S., market leader Jose Cuervo is turning up the volume on its higher-priced Tradicional tier with a new multi-million dollar ad campaign called the “Father of Tequila.” Continue reading →
Posted in News on June 17, 2019Whisky Advocate On Pernod’s Investment In Rabbit Hole Distilling
Rabbit Hole Distillery announced Friday that it has sold a majority stake to drinks giant Pernod Ricard, a move that will allow the Kentucky whiskey maker to expand its reach far beyond its current footprint. Continue reading →
Posted in News on June 17, 2019Texas Raises Retail Liquor License Limit
Texas governor Greg Abbott has signed into law a measure that vastly expands the number of retail liquor licenses an individual may own in the Lone Star State. Continue reading →
Posted in News on June 17, 2019
