Daily Archive: February 15, 2022
Report: Talks Toward A Monster-Constellation Merger Ongoing
Constellation Brands and energy drink player Monster Beverage are reportedly involved in ongoing talks toward a potential merger that could result in a combined company with market value of $90 billion. Continue reading →
Posted in News on February 15, 2022Vintage Wine Estates Eyes Full-Year Sales Of $280 Million
Santa Rosa, California-based Vintage Wine Estates posted sales up 33% to $84 million for its fiscal second quarter ended in December, with adjusted EBITDA more than doubling to $20 million. Continue reading →
Posted in News on February 15, 2022Super-Premium Spirits Drive Solid Growth In U.S. Control States
Spirits volumes rose 4.6% across the U.S. market’s control states in 2021, slower than the impressive 7.5% growth recorded in 2020—due to pantry loading as a result of the pandemic—but still better compared to the 3.7% increase registered in 2019. Continue reading →
Posted in News on February 15, 2022News Briefs for February 15, 2022
•Fresh Vine Wine, the low-cal and low-carb wine brand co-owned by Nina Dobrev and Julianne Hough, has expanded its distribution footprint to include Michigan and New Jersey. Continue reading →
Posted in News on February 15, 2022Craft Brewing and Distilling News for February 15, 2022
•Lyons, Colorado-based Spirit Hound Distillers has named Brad Stevenson as CEO. Continue reading →
Posted in News on February 15, 2022Canopy Positions For U.S. Growth As It Battles Challenges In Canada
Canopy Growth continues to position itself for a rapid rollout of THC products in the U.S. once cannabis is legalized at the federal level. Continue reading →
Posted in News on February 15, 2022
