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

Tag Archive: cannabis

Aphria Posts Increase In Adult-Use Sales, Names Simon As Permanent CEO

Canadian cannabis company Aphria saw a marked increase in adult-use sales drive a 9% rise to C$33.7 million ($25.8m) in net cannabis revenues in its second quarter ended in November, compared with the previous three-month period. Continue reading →

Posted in News on January 14, 2020

Cresco Closes Origin House Deal, Gaining California Distribution Operation

Cresco Labs’ long gestating acquisition of Origin House has closed, officially making Cresco one of the largest cannabis distributors in California. Continue reading →

Posted in News on January 14, 2020

Cannabis Briefs for January 14, 2020

•New York Governor Andrew Cuomo pledged to legalize cannabis this year in his recent State of the State Address. Continue reading →

Posted in News on January 14, 2020

Interview, Part 1: Southern Glazer’s Doug Wieland On The Progress Of Cannabis Subsidiary Great North

Southern Glazer’s, through its subsidiary Great North Distributors, has been among the key beverage alcohol players branching into cannabis in Canada’s recreational market. While Canada’s adult-use cannabis category has seen its share of growing pains over the past year—among them oversupply and an uneven retail rollout—Great North and others have been laying the groundwork for future growth. According to Statistics Canada, adult-use retail sales totaled C$908 million ($690m) from October 2018 through September of last year, with more than 400 brick-and-mortar retailers in operation. Shanken News Daily executive editor Daniel Marsteller caught up with Doug Wieland, president of both Southern Glazer’s Canada and Great North, to get an update on progress. Continue reading →

Posted in News on January 7, 2020

Illinois Adult-Use Market Off To A Strong Start

Illinois’ recreational market rocketed out the gate when it launched last week with $3.2 million in first-day sales. Continue reading →

Posted in News on January 7, 2020

Harvest Health Names COO, Eyes Acquisition Of Retailer Have A Heart

Harvest Health & Recreation has appointed Ron Goodson as COO, effective immediately. Continue reading →

Posted in News on January 7, 2020

← Older posts