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

Daily Archive: February 14, 2023

Leading Players See Ongoing Upside For Mezcal

While the surge in agave spirits in the U.S. has mostly been driven by Tequila—now the second-largest spirits category in value, after vodka—mezcal is also seeing impressive growth, albeit from a small base. Continue reading →

Posted in News on February 14, 2023

News Briefs for February 14, 2023

•Delicato Family Wines is adding a Chardonnay to its Bota Box Breeze light wine brand. Continue reading →

Posted in News on February 14, 2023

Canopy Growth Slashes Jobs, Consolidates Cultivation As Losses Mount

Canadian cannabis company Canopy Growth saw net revenue sink 28% to C$101.2 million ($76m) in its fiscal third quarter ended in December. Continue reading →

Posted in News on February 14, 2023

Washington Judge Upholds State Residency Requirement For Cannabis Industry

Washington State’s requirement of state residency for anyone involved in the cannabis industry is aboveboard, according to a recent ruling by U.S. district judge Benjamin Settle. Continue reading →

Posted in News on February 14, 2023

Scotts Miracle-Gro Sues TerrAscend Over New York Cannabis License

The cannabis subsidiary of garden products company Scotts Miracle-Gro is suing multi-state cannabis operator TerrAscend’s CEO, alleging attempts on his part to undermine its acquisition of a cannabis license in New York state. Continue reading →

Posted in News on February 14, 2023

Cannabis Briefs for February 14, 2023

•New York City authorities are cracking down on the profusion of unlicensed cannabis retailers that have sprung up recently. Continue reading →

Posted in News on February 14, 2023