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

Daily Archive: March 14, 2023

Vodka Marketers Aim For Renewed Growth In 2023

Vodka volume in the U.S. slipped slightly last year, down 0.5% to 81 million cases, according to Impact Databank, but the versatile category remains the largest single segment of the U.S. spirits market, and some marketers see renewed growth opportunities moving forward. Continue reading →

Posted in News on March 14, 2023

Feds Hunting A Buyer For Silicon Valley Bank

U.S. government regulators failed to find a buyer for collapsed California institution Silicon Valley Bank in their first attempt over the weekend, but they’re reportedly aiming to hold a new auction aimed at finding a home for its assets, which include a wine division with over $1 billion in loans to the wine industry.

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Posted in News on March 14, 2023

News Briefs for March 14, 2023

•Blanco, Texas-based Milam & Greene Whiskey has completed a multi-million dollar distillery expansion, including upgrades for both the production and tourism facilities. Continue reading →

Posted in News on March 14, 2023

Trulieve Leverages Gains In Florida, Pennsylvania, Arizona, Topping $1.2 Billion In Sales

Tallahassee, Florida-based Trulieve Cannabis saw revenues top $1.2 billion in its fiscal year through December. Continue reading →

Posted in News on March 14, 2023

Mary Jones Cannabis Drinks Enter Michigan, Nevada After Promising California Rollout

Jones Soda is continuing to roll out its Mary Jones cannabis beverage brand in new markets, adding Michigan and Nevada to its footprint. Continue reading →

Posted in News on March 14, 2023

Cannabis Briefs for March 14, 2023

•Oklahoma voters rejected a ballot measure to legalize recreational cannabis in a rare setback for the movement. Continue reading →

Posted in News on March 14, 2023