Daily Archive: December 26, 2023
Wynk THC Seltzers Expand To Five New Markets Amid Rapid Growth
When Wynk, a hemp-derived THC seltzer, launched in the summer of 2021, it came to market in an unconventional way. Continue reading →
Posted in News on December 26, 2023Organigram’s Full-Year Revenues Reach $123 Million
Canadian cannabis producer Organigram reported net revenue of C$162 million ($123m) for its fiscal 2023 ended in September, an 11% rise over the previous year. Adjusted EBITDA roughly doubled to C$6 million ($4.5). Continue reading →
Posted in News on December 26, 2023Cannabis Briefs for December 26, 2023
•The U.S. attorney general and a coalition of cannabis businesses are asking for an extension to file initial briefs in the case challenging the legality of federal enforcement of cannabis prohibition in state-legal markets. Continue reading →
Posted in News on December 26, 2023Impact Databank: Rum Decline To Continue, But $25 And Over Brands See Growth
The overall rum category in the U.S. is expected to fall below 22 million 9-liter cases this year for the first time since 2005—according to The U.S. Spirits Market: Shanken’s Impact Databank Review & Forecast—its 10th decline in the past 12 years. The super-premium sector ($25 and over a 750-ml.), however, has seen the emergence of many smaller players who are helping to showcase the diversity and quality of rum for a new generation of consumers. Continue reading →
Posted in News on December 26, 2023Cigar Aficionado Has Revealed Its Full Top 25 List
After counting down its top 10 cigars of 2023 all last week, culminating in the Cigar of the Year reveal last Thursday, Cigar Aficionado has now published its full list of the top 25 cigars of the year. Continue reading →
Posted in News on December 26, 2023Breakthru Bolsters California Leadership Team
Breakthru Beverage has expanded its California sales leadership team, making appointments in its newest market. Breakthru has named John Sladek and Kristen Demergian as vice presidents of sales for Northern and Southern California, respectively. Continue reading →
Posted in News on December 26, 2023