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

Yearly Archive: 2024

Wine Spectator: Napa’s Araujo Family Sells Wheeler Farms Winery To The Owner Of Bella Oaks

Suzanne Deal Booth, owner of the historic Bella Oaks Vineyard in Napa Valley’s Rutherford appellation, has finalized a deal to purchase the Wheeler Farms winery facility from the Araujo family, Wine Spectator has learned. Continue reading →

Posted in News on November 5, 2024

WSWA Sees “Affordable Luxury” Driving Spirits Trends Into 2025

The Wine & Spirits Wholesalers of America’s SipSource data tracker forecasts that consumers will continue to shift to spirits brands in the “affordable luxury” segment—mainly in the $18-$25 and $25-$50 price bands—amid challenging conditions for the industry. Continue reading →

Posted in News on November 5, 2024

News Briefs for November 5, 2024

Trinchero Family Estates is introducing a new look for its Ménage à Trois brand. Continue reading →

Posted in News on November 5, 2024

New York Cannabis Sales To Approach $900M This Year Amid Retail Expansion

New York adult-use cannabis sales are forecasted to reach $895.1 million for 2024, according to a new report on the state’s cannabis market from Whitney Economics. Continue reading →

Posted in News on November 5, 2024

Hi Seltzer Hemp THC Label Links With Total Wine Across Multiple States

Hi Seltzer has partnered with Total Wine & More on a national deal for Hi’s new line of hemp-derived THC seltzers. Continue reading →

Posted in News on November 5, 2024

Trulieve Projects Confidence Ahead Of Florida Adult-Use Vote

Billion-dollar multistate player Trulieve has been the main backer of Florida’s ballot initiative to open adult-use sales in the state, contributing upwards of $140 million to the Smart & Safe Florida political committee—including $48 million over the three months through September. Continue reading →

Posted in News on November 5, 2024

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