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

Monthly Archive: March 2022

Cresco’s $2 Billion Deal For Columbia Care Creates 18-Market Player

With revenues of $822 million and adjusted EBITDA of $194 million in its fiscal year ended in December, Chicago-based Cresco Labs has emerged as one of the key multi-state players driving the cannabis industry forward in the U.S.—and that was before the announcement of its pending acquisition of New York-based Columbia Care for $2 billion. Continue reading →

Posted in News on March 29, 2022

New Jersey’s Cannabis Regulatory Commission Delays Recreational Rollout

New Jersey’s Cannabis Regulatory Commission has delayed its approval of recreational licenses for eight medical dispensaries, setting back the opening of sales in the Garden State at least several more weeks. Continue reading →

Posted in News on March 29, 2022

Cannabis Briefs for March 29, 2022

•Southern Glazer’s will distribute B Great’s CBD Relax Shots and Focus Shots, as well as its Immune Support CBD Gummies in select locations across its footprint. Continue reading →

Posted in News on March 29, 2022

Irish Whiskey Weathers The Pandemic, Tops 5 Million Cases In The U.S.

The year 2020 had marked the first decline for Irish whiskey consumption in the U.S. in nearly a quarter-century, as the category was hit especially hard by on-premise shutdowns associated with the pandemic. Continue reading →

Posted in News on March 28, 2022

News Briefs for March 28, 2022

•The TTB officially approved the San Luis Obispo Coast American Viticulture Area (AVA) appellation earlier this month. Continue reading →

Posted in News on March 28, 2022

Craft Brewing and Distilling News for March 28, 2022

•California’s Stone Brewing has been awarded $56 million in a lawsuit against Molson Coors, which Stone accused of infringing on its trademark rights with a rebrand of the Keystone Light beer label. Continue reading →

Posted in News on March 28, 2022

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