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

Daily Archive: February 9, 2021

Interview: Costco’s Beverage Alcohol Chief Chad Sokol

Off-premise growth was robust across the drinks business last year, and the situation at top beverage alcohol retailer Costco was no exception, as revenue jumped 20% in calendar 2020. Continue reading →

Posted in News on February 9, 2021

Southern Glazer’s Wine & Spirits Purchases Bill Foley’s Epic Wines & Spirits

In case you missed yesterday’s News Alert, Southern Glazer’s Wine & Spirits has purchased Epic Wines & Spirits from wine magnate and NHL owner Bill Foley. Continue reading →

Posted in News on February 9, 2021

Wine Spectator: Constellation Brands Prevails in To Kalon Dispute

Can you trademark terroir? Continue reading →

Posted in News on February 9, 2021

News Briefs for February 9, 2021

•Aventura, Florida-based 1821 Fine Wine & Spirits has added Argentine winery Proemio to its U.S. distribution portfolio. Continue reading →

Posted in News on February 9, 2021

Canopy Growth Looks Ahead As Financial Position Stabilizes

Smiths Falls, Ontario-based Canopy Growth reported earnings this morning for the three months through December, during which time revenue hit a new high for the Canadian cannabis giant. Continue reading →

Posted in News on February 9, 2021

Epidiolex Maker GW Pharmaceuticals Acquired For $7.2 Billion

GW Pharmaceuticals, the British company behind CBD-based anti-seizure drug Epidiolex, has been acquired by Dublin, Ireland-based drugmaker Jazz Pharmaceuticals. Continue reading →

Posted in News on February 9, 2021

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