Daily Archive: March 26, 2019
Interview: David Prodanovic, Vice President-General Manager, Kindred Canada
In its core business, third-ranked U.S. spirits and wine wholesaler Breakthru Beverage has projected revenues of $5.4 billion this year, according to Shanken’s Impact Newsletter. Continue reading →
Posted in News on March 26, 2019New Jersey Delays Legalization Vote, While Pennsylvania Plan Emerges
New Jersey lawmakers called off a planned vote on legalizing recreational cannabis yesterday, with congressional leaders saying they were short of the votes required to approve the measure. Continue reading →
Posted in News on March 26, 2019Cannabis Briefs for March 26, 2019
•Wakefield, Massachusetts-based cannabis company Curaleaf reported revenue of $77 million for its fiscal year ended in December, up from $19 million a year earlier. Continue reading →
Posted in News on March 26, 2019Exclusive: Stoli Shakes Up U.S. Distribution, Moves To Young’s In The West
Stoli Group is undertaking a major realignment of its distributor profile in the U.S., Shanken News Daily has learned, including a switch from Southern Glazer’s to Young’s Market Co. in a number of western states. Overall, Stoli’s distributor changes will cover about 25% of its U.S. business. Continue reading →
Posted in News on March 26, 2019News Briefs for March 26, 2019
•Patrón Spirits global president and COO Dave Wilson will retire April 1, following Bacardi’s full acquisition of Patrón a year ago. Continue reading →
Posted in News on March 26, 2019Craft Brewing and Distilling News for March 26, 2019
•Funkwerks of Fort Collins, Colorado, has released its Belgian-style Wit White on draft and in 6-packs. Continue reading →
Posted in News on March 26, 2019
