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, 2023News 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, 2023HHS 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, 2023Trade 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, 2023Cannabis 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