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

Daily Archive: November 5, 2020

Report: Delivery Startup GoPuff In Talks To Buy BevMo

West Coast retailer BevMo is in talks to be acquired by delivery startup GoPuff for approximately $350 million, Bloomberg reports. Continue reading →

Posted in News on November 5, 2020

Diageo Aims To Unlock Growth For Johnnie Walker By Expanding Scotch Whisky’s Audience

In value terms, it doesn’t get any bigger than Johnnie Walker in the global spirits industry. Continue reading →

Posted in News on November 5, 2020

Treasury Wine Estates’ Penfolds Demerger On Hold As Company Focuses On U.S., China

Treasury Wine Estates (TWE) is pausing its previously announced plan to demerge its Penfolds business as it sharpens its focus on restructuring in the U.S. and surfing tumultuous market conditions in China, where new tariffs are being threatened on Australian wines. Continue reading →

Posted in News on November 5, 2020

Canadian Cannabis Company Aphria Enters U.S., Acquiring Sweetwater Brewing For $300 Million

Atlanta, Georgia-based Sweetwater Brewing Company has agreed to be acquired by Canadian cannabis producer Aphria. Continue reading →

Posted in News on November 5, 2020

News Briefs for November 5, 2020

•Geyserville, California-based Marietta Cellars has appointed Brian Lynch as vice president, sales and marketing. Continue reading →

Posted in News on November 5, 2020

Voters Approve Recreational Cannabis In Four States

Cannabis initiatives swept last night, going five-for-five in states voting on the matter. Continue reading →

Posted in News on November 5, 2020

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