Daily Archive: July 30, 2024
Diageo Sees North America Sales Dip 3% Amid “Cautious Consumer Environment”
Diageo has revealed North American net sales down 3% to $7.9 billion for its fiscal year ended in June, with operating profit dipping 2% to $3 billion. Continue reading →
Posted in News on July 30, 2024Espolòn, Aperol Lead Campari Up 3.5% In The U.S.
Campari has posted net sales up 3.8% to €1.5 billion ($1.6b) for its fiscal first half ended in June, with the company pointing to the strong performance of Campari, Aperol, Espolòn, and Grand Marnier, particularly in the U.S. Continue reading →
Posted in News on July 30, 2024News Briefs for July 30, 2024
•DISCUS and the American Single Malt Whiskey Commission (ASMWC) have sent a joint letter to the TTB urging the bureau to finalize its standards for American single malt whiskey. Continue reading →
Posted in News on July 30, 2024Tilray’s Sales Up Double-Digits, Nearing $800 Million
Cannabis and beverage alcohol player Tilray saw annual sales grow 26% to $789 million in its fiscal year through May and says the moves it has made to diversify its business—including the purchase of craft beer brands from Anheuser-Busch and the acquisition of Canadian cannabis group Hexo—are paying off. Continue reading →
Posted in News on July 30, 2024Verano Acquiring Cannabist Assets In Virginia And Arizona for $105 Million
Illinois-based multistate operator Verano is expanding in the Virginia and Arizona markets via two purchases from The Cannabist Co. totaling $105 million. Continue reading →
Posted in News on July 30, 2024Majority of Florida Voters in Favor of Legalization
A new poll, conducted by opponents of cannabis legalization, has found that a supermajority of Florida voters now supports adult-use sales in the Sunshine State. Continue reading →
Posted in News on July 30, 2024
