Daily Archive: March 21, 2023
Interview: Wayne Chaplin, CEO, Southern Glazer’s Wine & Spirits
With revenues projected to surpass $25 billion this year, Southern Glazer’s Wine & Spirits is expected to take a roughly one-third market share of the spirits and wine wholesale tier in the U.S. in 2023. Continue reading →
Posted in News on March 21, 2023Pernod Ricard Takes Majority Stake In Skrewball Peanut Butter Whiskey
Pernod Ricard has continued its run of bolt-on acquisitions, agreeing to purchase a majority stake in Skrewball Peanut Butter Whiskey for an undisclosed sum. Continue reading →
Posted in News on March 21, 2023News Briefs for March 21, 2023
•C. Mondavi & Family is launching CK Mondavi Family Select, a new offering from winemaker Angelina Mondavi. Continue reading →
Posted in News on March 21, 2023Multi-State Operators Sue New York Over Licensing Discrimination
A group of large cannabis companies has filed suit against New York’s Office of Cannabis Management (OCM) and Cannabis Control Board (CCB), alleging unconstitutional overreach and policymaking, egregious abdication of duties, and actions that put New Yorkers’ health and safety at risk. Continue reading →
Posted in News on March 21, 2023Ascend Wellness Posts $406 Million In Revenue For 2022
New York-based Ascend Wellness reported results for the quarter and year ended December 31, in which quarterly net revenue held steady at $112.1 million and annual revenue grew 22.1% to $405.9 million. Continue reading →
Posted in News on March 21, 2023Cannabis Briefs for March 21, 2023
•New bills have been filed in Congress that would regulate CBD and bring clarity around its use as a food and beverage additive. Continue reading →
Posted in News on March 21, 2023