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

Monthly Archive: April 2019

Harvest Health’s Rapid Expansion Hits Snags

By all appearances, Phoenix, Arizona-based Harvest Health and Recreation is having a banner year. The company raised approximately $300 million in 2018, according to its most recent earnings report, and used it to make a series of acquisitions in the last few months that have dramatically expanded its national footprint. Continue reading →

Posted in News on April 30, 2019

Cannabis Briefs for April 30, 2019

•Chicago, Illinois-based Cresco Labs saw revenue jump nearly 300% to $43.3 million for its fiscal year ended in December. Continue reading →

Posted in News on April 30, 2019

Cuervo Posts Strong Start To 2019, With Sales Up By Double Digits

Grupo Cuervo has rocketed out of the gate in 2019, with first quarter sales rising 22.5% to MX$5.28 billion ($278m) and EBITDA up 6.8% to MX$1.15 billion ($60.4m). Continue reading →

Posted in News on April 30, 2019

News Briefs for April 30, 2019

•Wente Family Estates has been named the U.S. importer for Argentina’s Bodega Cuarto Dominio. Continue reading →

Posted in News on April 30, 2019

Craft Brewing and Distilling News for April 30, 2019

•Minneapolis, Minnesota’s Tattersall Distilling has debuted a new vodka-based, ready-to-drink offering. Continue reading →

Posted in News on April 30, 2019

Tennessee Whiskey, Part 1: Jack Daniel’s Leads The Way

Tennessee whiskey is rising in popularity, with more than 7.5 million 9-liter cases depleted in the U.S. market last year, according to Impact Databank, up from approximately 6.3 million cases in 2013. Continue reading →

Posted in News on April 29, 2019

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