Exclusive news and research on the wine, spirits and beer business

Daily Archive: March 26, 2024

Wagner Family Fields A New Growth Driver In Bonanza Cabernet

California’s Wagner Family of Wine is known for flagship label Caymus Napa Valley Cabernet Sauvignon, along with other brands like Mer Soleil, Emmolo, Conundrum, and Red Schooner, with production of more than 1 million cases annually. Continue reading →

Posted in News on March 26, 2024

Burgundy’s Maison Louis Latour Makes Leadership Appointments, Aiming For U.S. Growth

Maison Louis Latour, one of Burgundy’s largest players with production of approximately 750,000 cases annually, has made two new leadership appointments as it looks to continue expanding both in the U.S. and internationally. Continue reading →

Posted in News on March 26, 2024

News Briefs for March 26, 2024

•Winebow Imports is adding Uruguay’s Garzon to its Pioneer portfolio, joining brands like Bodega Catena Zapata from Argentina and Lapostolle from Chile. Continue reading →

Posted in News on March 26, 2024

Interview, Part 2: Cantrip CEO Adam Terry

In the second part of our interview, Cantrip cofounder and CEO Adam Terry discusses the brand’s portfolio of hemp THC seltzers and sodas, the new product pipeline, and how industry players are banding together to try to establish firm ground rules for the emerging hemp-derived THC beverage category. Continue reading →

Posted in News on March 26, 2024

U.S. Cannabis Market Projected To Top $31 Billion This Year

The American legal cannabis market is forecasted to exceed $31.4 billion for 2024, according to new data released by consulting firm Whitney Economics. That would mark a year-over-year growth rate of over 9%, with the combined adult-use and medical markets across the U.S. adding more than $2.5 billion over 2023. Continue reading →

Posted in News on March 26, 2024

Bipartisan State AGs Urge Action On Hemp-Derived THC

A bipartisan group of 20 attorneys general from across the U.S. is asking Congress to crack down on hemp-derived cannabis products. Continue reading →

Posted in News on March 26, 2024

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