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

Daily Archive: October 5, 2021

Stoli Group Becomes 50/50 Partner With Brad Pitt In Chateau Miraval

Stoli Group subsidiary Tenute del Mondo has acquired a 50% stake in Provence winery Chateau Miraval from actress Angelina Jolie for an undisclosed sum. Continue reading →

Posted in News on October 5, 2021

Duckhorn’s Sales Soar 24% To $337 Million In Fiscal Year

Newly public Duckhorn has posted a strong set of results for its fiscal year ended in July, with sales leaping 24% to $337 million and adjusted EBITDA up 11.5% to $117 million. Continue reading →

Posted in News on October 5, 2021

Whisky Advocate On Diageo’s Annual Special-Release Single Malts

Diageo has unveiled its annual collection of Special Releases, a selection of limited, highly sought-after single malt whiskies. Continue reading →

Posted in News on October 5, 2021

News Briefs for October 5, 2021

•Carlton McCoy, Jr. and the Lawrence family have officially launched Ink Grade, a new luxury wine brand. Continue reading →

Posted in News on October 5, 2021

Impact Seminar: Canopy Growth CEO David Klein On The Future Of Cannabis Drinks

Canopy Growth CEO David Klein spoke last week at M. Shanken Communications’ 45th Annual Impact Marketing Seminar, delivering a talk on “The Extraordinary Potential of Cannabis Beverages.” Continue reading →

Posted in News on October 5, 2021

Parallel And Ceres Break Off Acquisition Agreement

Parallel, the Atlanta-based cannabis company led by Beau Wrigley, Jr., has terminated its agreement to be acquired by Ceres Acquisition Corp., a special purpose acquisition company. Continue reading →

Posted in News on October 5, 2021

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