Daily Archive: October 16, 2023
Treasury Eyes Opportunities To Continue Building Luxury Range
Treasury Wine Estates offered an update on its business ahead of its annual general meeting today, with CEO Tim Ford saying the company has “continued to see long-term premiumization trends across the global wine category, despite the tightening economic environment, with luxury wine going from strength to strength in our key markets globally.” Continue reading →
Posted in News on October 16, 2023News Briefs for October 16, 2023
•The owners of Napa Valley’s Vine Cliff Winery recently sold its winery in Oakville to the SCW Fund Corp., a business entity run by Canadian entrepreneur Stephan Crétier, who also owns the nearby Roy Estate. Continue reading →
Posted in News on October 16, 2023BDSA Projects $55 Billion In Global Cannabis Sales By 2027
Global legal cannabis sales will reach $55 billion in 2027, according to a new forecast by market intelligence firm BDSA. Continue reading →
Posted in News on October 16, 2023States Took In $5.7 Billion In Cannabis Taxes Over 18 Months
The U.S. Census Bureau has released a new report documenting state-level cannabis tax revenues. Continue reading →
Posted in News on October 16, 2023Cannabis Briefs for October 16, 2023
•California governor Gavin Newsom vetoed a bill that would have allowed cannabis cafes to sell non-cannabis foods and soft drinks, as well as feature live music at their venues. Continue reading →
Posted in News on October 16, 2023
