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Daily Archive: November 28, 2023

News Alert: Pernod Ricard Names Conor McQuaid As CEO, North America

Pernod Ricard will see a change in leadership at the top of its North America unit to start the new year, naming 25-year company veteran Conor McQuaid as CEO effective January 1. Continue reading →

Posted in News on November 28, 2023

Blended Scotch Players Innovate To Expand Category’s Appeal

After advancing by 2% to 5.8 million cases in the U.S. last year, according to Impact Databank, blended Scotch whisky volume was down 3% in control states through the first three quarters of 2023. Continue reading →

Posted in News on November 28, 2023

News Briefs for November 28, 2023

•Heaven Hill is releasing its fall edition of Old Fitzgerald Bottled-in-Bond Kentucky Straight Bourbon Whiskey at 8 years old. Continue reading →

Posted in News on November 28, 2023

U.S. Market For Hemp-Derived Cannabinoids On The March Despite Challenges

While the U.S. market for hemp-derived cannabinoids such as CBD and Delta-8 THC has been slowed by a lack of clarity from federal regulators as to the rules of the road, consumers have warmed to the segment, which is now estimated to be about the same size as craft beer. Continue reading →

Posted in News on November 28, 2023

Schumer Seeks Republican Support For Banking Bill

U.S. senate majority leader Chuck Schumer says the SAFER Banking Act intended to buttress the financial system of the cannabis industry is getting closer to passage, but that he still needs the support of 10 or 11 Republican senators in order to bring it to the floor for a vote. Continue reading →

Posted in News on November 28, 2023

Cannabis Briefs for November 28, 2023

•Canadian cannabis sales dipped 5% to C$560 million ($411m) in September compared with the prior month, after reaching a high of C$589 million ($433m) in August. Continue reading →

Posted in News on November 28, 2023