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, 2023News 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, 2023Canopy 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, 2023Washington 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, 2023Scotts 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, 2023Cannabis 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