Yearly Archive: 2023
Minnesota Retailers See Strong Demand For THC Drinks
Since July 1, liquor stores in Minnesota have been allowed to stock cannabis drinks and many are getting on board. Continue reading →
Posted in News on October 3, 2023Schumer Promises Floor Vote For SAFER Banking
The SAFER Banking Act, a slightly revised version of the long-awaited SAFE Banking Act, sailed through its hearing with the Senate Banking Committee last week with a vote of 14-9 and now awaits consideration from the full chamber. Continue reading →
Posted in News on October 3, 2023Cannabis Briefs for October 3, 2023
•New York regulators are planning to award 1,500 cannabis licenses in an effort to bring the market up to speed and alleviate the growing surplus of cannabis that producers have found themselves unable to offload in such a constrained environment. Continue reading →
Posted in News on October 3, 2023Beam Suntory Sees Trading Down, But Says Premiumization Remains Right Long-Term Strategy
Beam Suntory has seen some trading down lately in the U.S., Suntory Holdings CEO Takeshi Niinami said in an interview with Yahoo Finance late last week, but believes premiumization remains the right strategy for the business over the long term. Continue reading →
Posted in News on October 2, 2023William Grant’s Sales Topped $2 Billion Last Year
William Grant & Sons has revealed that global sales increased 22% to £1.72 billion ($2.1b) in 2022, with profit after tax jumping 34% to £331 million ($404b). Continue reading →
Posted in News on October 2, 2023Wilson Daniel’s Promotes Murphy, Projects Wholesale Revenues At $110 Million
Wilson Daniels has promoted Kevin Murphy to executive vice president of wholesale and operations. Continue reading →
Posted in News on October 2, 2023
