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

Yearly Archive: 2024

Interview: Treasury Americas’ Luxury Transformation

Treasury Wine Estates has transformed its Americas business over the past few years, making large acquisitions like its billion-dollar play for Paso Robles-based Daou last year and its $315 million deal for Napa Valley’s Frank Family Vineyards in 2021, while jettisoning non-core brands.
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Posted in News on September 3, 2024

News Briefs for September 3, 2024

•The James B. Beam Distilling Co. is launching Booker’s Bourbon “The Reserves,” billed as Booker’s first innovation in five years. Continue reading →

Posted in News on September 3, 2024

Vermont Hemp THC Player Upstate Elevator Links With Johnson Brothers In Key Minnesota Market

Vermont-based cannabis and CBD producer Upstate Elevator Supply Co. has launched a new line of 10-mg. hemp-derived cannabis beverages in Minnesota. Continue reading →

Posted in News on September 3, 2024

DEA Pushes Rescheduling Hearing Until Post-Election

The proposed rescheduling of cannabis could be delayed until after the inauguration of the next president, as the Drug Enforcement Agency (DEA) has scheduled an administrative hearing on the subject for December 2. Continue reading →

Posted in News on September 3, 2024

Cannabis Briefs for September 3, 2024

•Multistate operator Ascend Wellness has shaken up its leadership team parting was with CEO John Hartmann and CFO Mark Cassebaum. Continue reading →

Posted in News on September 3, 2024

Impact Databank: Imported Wine Set For Return To Growth, Led By $15 And Over Brands

After consecutive annual declines owing to the pandemic, total wine imports to the U.S.—including both still and sparkling—are projected to return to dollar growth this year, according to the 2024 edition of The U.S. Wine Market: Shanken’s Impact Databank Review & Forecast. Continue reading →

Posted in News on August 30, 2024

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