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

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, 2023

News 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, 2023

Craft 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, 2023

Cannabis 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, 2023

Missouri 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, 2023

Cannabis 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