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Daily Archive: March 1, 2022

Impact Databank: “Better For You” Wines On A Steep Growth Trajectory

Vintners continue to capitalize on the fast-rising “better for you” wine segment, as American drinkers increasingly opt for health- and wellness-oriented products. Continue reading →

Posted in News on March 1, 2022

Diageo Ups RTD Capacity In The U.S. On $110 Million Investment

Diageo North America has opened a new facility in Plainfield, Illinois, Diageo Lincolnway, which will boost its capacity in the fast-growing RTD category. Continue reading →

Posted in News on March 1, 2022

News Briefs for March 1, 2022

•Total Wine & More has joined the growing number of retailers pulling Russian products from store shelves following the nation’s invasion of Ukraine.

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Posted in News on March 1, 2022

Green Thumb’s Revenues Near $900 Million In Fiscal 2021

Chicago-based cannabis player Green Thumb Industries posted revenues up 61% to $894 million in its fiscal year through December, with gains driven by its expanding distribution and retail footprints as well as its Rythm brand of flower.

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Posted in News on March 1, 2022

New Jersey Targets Start Of Recreational Cannabis Sales “Within Weeks”

New Jersey’s medical dispensaries may begin serving recreational buyers within weeks, according to governor Phil Murphy. Continue reading →

Posted in News on March 1, 2022

Cannabis Briefs for March 1, 2022

•Las Vegas, Nevada-based cannabis retailer The Source+ announced it will begin carrying Travis Barker’s CBD product line, Barker Wellness. Continue reading →

Posted in News on March 1, 2022