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

Daily Archive: July 30, 2019

Canada Update, Part 1: After An Uneven Rollout, Sales Are On The Rise

With Canada’s recent unveiling of regulations governing edible, extract, and topical cannabis products—which will begin reaching store shelves just before Christmas—the country’s cannabis market is at a turning point. Continue reading →

Posted in News on July 30, 2019

Canopy Growth Breaks Ground On $150 Million New York Hemp Operation

Canopy Growth has officially broken ground on its industrial hemp plant in upstate New York. Located in Kirkwood, Broome County in the Southern Tier region, the 300,000-square-foot facility will be accompanied by 2,000 acres of growing space for hemp. Continue reading →

Posted in News on July 30, 2019

Cannabis Briefs for July 30, 2019

•Senator Kamala Harris and Representative Jerry Nadler have unveiled a new bill that would decriminalize cannabis at the federal level, remove it from the controlled substances list, and set up an “Opportunity Trust Fund” to offer grants for community reinvestment and small business loans. Continue reading →

Posted in News on July 30, 2019

Lee Applbaum Steps Down As CMO Of Patrón And Grey Goose

Lee Applbaum, global CMO of Patrón and Grey Goose at Bacardi Ltd, will resign his position as of August 31. Continue reading →

Posted in News on July 30, 2019

Campari’s U.S. Sales Surge 11% In First Half

Campari Group enjoyed strong growth across its business in the six months through June, led by a buoyant performance in the U.S., its largest market, accounting for around one-quarter of sales. Continue reading →

Posted in News on July 30, 2019

News Briefs for July 30, 2019

•Pernod Ricard has launched a new expression in its Glenlivet portfolio, a 14-year-old single malt Scotch whisky finished in Cognac casks. Continue reading →

Posted in News on July 30, 2019

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