Daily Archive: August 22, 2023
Viña Concha y Toro USA Doubles Down On Fine Wine
Known for its 1.8-million-case Chilean namesake brand as well as the half-million-case Bonterra organic label from California, Viña Concha y Toro USA is targeting fine wine as a growth opportunity.
Campari Primed For Sizeable Acquisition, Analysts Say
Campari Group has made no secret of its intention to continue enhancing its scale, including with a potential big acquisition play. Continue reading →
Posted in News on August 22, 2023News Briefs for August 22, 2023
•Mary Dowling, Jack Daniel’s Rye, Glencadam 18 year old, and newcomers from Old Fitzgerald and Jefferson’s are among the offerings featured in Whisky Advocate’s latest weekly roundup.
Posted in News on August 22, 2023Cresco Refocuses On Core Business After Columbia Care Deal Falls Through
Last month, Chicago-based Cresco Labs announced that its long-simmering $2 billion deal for Columbia Care would be abandoned, with Cresco CEO Charlie Bachtell citing the difficult environment for the cannabis industry as federal legalization remains stalled in Congress.
Cannabis Use At Historic High According To Federal Study
Past-year use of marijuana and hallucinogens by adults 35 to 50 years old continued a long-term upward trajectory to reach all-time highs in 2022, according to an annual study conducted by the National Institute on Drug Abuse, part of the National Institutes of Health, on drug use behaviors and attitudes of adults 19 to 60 years old. Continue reading →
Posted in News on August 22, 2023Cannabis Briefs for August 22, 2023
•Tilray is acquiring Truss Beverage Co. from Molson Coors Canada for an undisclosed sum. Continue reading →
Posted in News on August 22, 2023
