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

Daily Archive: May 30, 2023

Impact Databank: 100%-Blue Agave Tequilas Reach A 70% Share In The U.S.

While total Tequila imports increased 17% in 2022, 100%-blue agave shipments rose even faster (+23%) and accounted for more than seven out of every 10 bottles in the market last year. Continue reading →

Posted in News on May 30, 2023

News Briefs for May 30, 2023

•Penelope Cooper Series Rio, Gentleman’s Cut, and newcomers from Hakushu and Brother’s Bond are among the offerings featured in Whisky Advocate’s latest weekly roundup. Continue reading →

Posted in News on May 30, 2023

Craft Brewing and Distilling News for May 30, 2023

•Constellation Brands is selling the Funky Buddha and Four Corners craft breweries back to their original owners. Continue reading →

Posted in News on May 30, 2023

Cresco Points To Rising Volumes, Despite Sales Slip

Chicago, Illinois-based multistate operator Cresco Labs saw revenues falter 3% sequentially in the quarter ended March 31, falling to $194 million. Continue reading →

Posted in News on May 30, 2023

Acreage Flags Industry Headwinds, Price Pressure

New York-based Acreage Holdings reported results for the first three months of the year, in which quarterly revenue slipped 2.7% sequentially to $56 million. Continue reading →

Posted in News on May 30, 2023

Cannabis Briefs for May 30, 2023

•Eliot, Maine-based Sweet Dirt is partnering with Massachusetts-based The Drinkable Company to launch an array of THC drinks. Continue reading →

Posted in News on May 30, 2023