Daily Archive: February 7, 2023
The “Low And No” Trend: Momentum Continues For De-Alcoholized Drinks
While total beverage alcohol volumes fell slightly last year, according to Impact Databank, the de-alcoholized segment of the U.S. drinks market continues to expand rapidly, albeit from a relatively small base. Continue reading →
Posted in News on February 7, 2023News Briefs for February 7, 2023
•Bardstown, Kentucky’s Heaven Hill Distillery has launched a barrel proof expression of Bernheim Wheat Whiskey to retailers across the U.S. Continue reading →
Posted in News on February 7, 2023Craft Brewing and Distilling News for February 7, 2023
•Louisville, Kentucky-based Buzzard’s Roost Whiskey has launched Smoked Barrel Rye, a new double-barreled whiskey. Continue reading →
Posted in News on February 7, 2023Cannabis Industry M&A Could Heat Up This Year
Cannabis merger and acquisition activity could increase this year, market research group BDSA predicts, owing to ongoing price compression and competition from the illicit market. Continue reading →
Posted in News on February 7, 2023Missouri Kicks Off Recreational Sales, With Billion-Dollar Market Expected Within A Few Years
Missouri, already a key medical cannabis market, is rolling out adult-use cannabis sales. Continue reading →
Posted in News on February 7, 2023Cannabis Briefs for February 7, 2023
•Canadian retailer High Tide saw revenues almost double to C$357 million ($265m) for the year ended October 31, with adjusted EBITDA up 17% to $14.6 million ($11m). Continue reading →
Posted in News on February 7, 2023