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

Daily Archive: September 5, 2023

California Wine Update, Part 1: Tapping The Premium Tier

While California wines continue to account for around two-thirds of the total wine market in the U.S., according to Impact Databank, the industry has been looking in the mirror lately and searching for ways to seed the next generation of consumers. Continue reading →

Posted in News on September 5, 2023

News Briefs for September 5, 2023

•Macallan had a dominant month in whisky auctions in August, securing 13 of the 20 highest hammer prices, Whisky Advocate reports. Continue reading →

Posted in News on September 5, 2023

HHS Recommends Moving Cannabis to Schedule III

In a significant development for the cannabis industry, the Department of Health and Human Services officially recommended last week that cannabis be reclassified as a Schedule III drug in a letter to the DEA. Continue reading →

Posted in News on September 5, 2023

Trade Group Blasts New Jersey Regulators For Stifling Industry

The New Jersey Cannabis Trade Association (NJCTA) took aim at the state’s Cannabis Regulatory Commission (CRC) in a blistering letter, alleging overall poor management and blaming the agency for the market’s shortfalls since sales began last year. Continue reading →

Posted in News on September 5, 2023

Cannabis Briefs for September 5, 2023

•Las Vegas-based cannabis retailer and producer Planet 13 will acquire Florida-based cannabis company VidaCann for $49 million. Continue reading →

Posted in News on September 5, 2023