Daily Archive: December 16, 2022
Cannabis Sales Seen As Resistant To Inflation Pressure
Cannabis, like alcohol, is proving to be somewhat insulated from broad economic swings, with many consumers reporting maintaining their expenditures despite inflation and rising prices in the general economy, polling done on behalf of Jushi Holdings found. Continue reading →
Posted in News on December 16, 2022SAFE Legislation Remains In Limbo
The SAFE Banking Act faces one of its last chances to become law this year as legislators decide whether to include it in the omnibus spending bill set to be introduced in the coming days. SAFE Banking is a long-gestating piece of legislation that would open the cannabis industry to financial services like national banks and outside investment. Continue reading →
Posted in News on December 16, 2022Cannabis Briefs for December 13, 2022
•New York’s Office of Cannabis Management released guidance for cannabis delivery operations, a move that could allow sales to begin imminently in the state. Continue reading →
Posted in News on December 16, 2022After A Huge Pandemic Bump, Wine.com Aims For New Heights
San Francisco-based Wine.com has grown to become a force on the wine and spirits retail scene. Having built valuable relationships with wineries, wholesalers, and customers for more than two decades, the tech-savvy retailer is a leader in the online space, with overall sales expected to top $250 million this year. Continue reading →
Posted in News on December 16, 2022Luxury Spirits Up 15% In The Third Quarter
Luxury spirits brands grew 15% in the third quarter of 2022 compared to the same time last year, according to a new report from the Distilled Spirits Council of the United States. The findings come from DISCUS’s Luxury Brands Index. Continue reading →
Posted in News on December 16, 2022News Briefs For December 16, 2022
•After yesterday revealing its Cigar of the Year, Cigar Aficionado will today unveil its full list of the Top 25 Cigars of 2022. Continue reading →
Posted in News on December 16, 2022
