Daily Archive: November 7, 2023
Exclusive: U.S. Spirits Market Projected To Grow 5% In 2023
In spite of high inflation and uncertain economic conditions, the U.S. spirits market is projected to again grow nearly 5% by volume in 2023, according to The U.S. Spirits Market: Shanken’s Impact Databank Review & Forecast. Continue reading →
Posted in News on November 7, 2023Wine Spectator’s Top 100 Countdown Is Underway
Wine Spectator’s countdown of the top 10 wines of the year is underway, with the magazine yesterday revealing a Marlborough Sauvignon Blanc and a Willamette Valley Pinot Noir as its No. 10 and No. 9 wines of 2021, respectively. Continue reading →
Posted in News on November 7, 2023Ireland’s Walsh Whiskey Plans $37 Million Distillery
Ireland’s Walsh Whiskey looks to be getting a new home, as owner Amber Beverage Group (ABG) has unveiled plans to invest $37 million to build a distillery that’s slated to open by 2026. Continue reading →
Posted in News on November 7, 2023News Briefs for November 7, 2023
•High West is launching its collaboration with fellow Constellation label The Prisoner. Continue reading →
Posted in News on November 7, 2023Constellation Lets Canopy Warrants Expire, As Stake Slides To 21%
Constellation Brands was an early mover in the cannabis category, investing $4 billion in Canadian company Canopy Growth back in 2018. Continue reading →
Posted in News on November 7, 2023Organigram Receives New Investment From British American Tobacco, Eyes Expansion
Toronto-based Organigram has received a new C$124.6 million ($91.3 million) investment from British American Tobacco (BAT) as it eyes expansion opportunities. Continue reading →
Posted in News on November 7, 2023
