Daily Archive: May 12, 2020
Rum’s Biggest Players Benefit From Off-Premise Bounce
While the rum category has struggled to post growth in the U.S. market in recent years, it’s now enjoying a pronounced boost in the off-premise, with volume up nearly 15% in Nielsen channels in the 13 weeks through April 18. Continue reading →
Posted in News on May 12, 2020News Briefs for May 12, 2020
•Online distributor LibDib has entered the Illinois market, expanding its footprint to six states, including four of the top five U.S. markets for alcohol consumption. Continue reading →
Posted in News on May 12, 2020Craft Brewing and Distilling News for May 12, 2020
•Fort Collins, Colorado-based New Belgium Brewing has debuted its latest IPA in the Voodoo Ranger series, 1985 Hazy IPA. Continue reading →
Posted in News on May 12, 2020Tilray Aligns With Breakthru Subsidiary Kindred Partners
Kindred Partners and Tilray have entered into a brokerage agreement for the Canadian market. Continue reading →
Posted in News on May 12, 2020Cronos Posts Sales Gain, But Expansion Costs Hit Earnings
Toronto, Canada-based Cronos Group posted revenue of $8.4 million in its fiscal first quarter ended in March, up from $3 million a year earlier. Continue reading →
Posted in News on May 12, 2020Cannabis Briefs for May 12, 2020
•Lantern, a cannabis e-commerce company from the creators of Drizly, has launched in Massachusetts, its first market. Continue reading →
Posted in News on May 12, 2020
