News

After Friday’s threat of new 50% tariffs on all E.U. goods—and a subsequent delay which will halt the threatened levies until July 9—industry groups are urging renewed talks aimed at reducing tensions ...
The Texas legislature has sent a bill to Governor Greg Abbott that would ban the burgeoning hemp THC category in one of its biggest markets. Under the bill, products containing THC and THCa would be ...
Cannabis rescheduling in the U.S. remains stalled, with President Trump and his pick to lead the DEA showing no signs of prioritizing this issue. The slowdown of the effort, which began under ...
Foley Family Wines & Spirits is entering the fast-growing RTD space via a new partnership with the Sabe brand. Under the deal, Foley will handle Sabe’s canned cocktail range, which includes 13%-14% ...
Scotch distiller Loch Lomond Group is entering the American whiskey space with the completion of a deal to acquire Brooklyn-based craft distillery New York Distilling Company. Continue reading → ...
Campari-owned Champagne Lallier is launching R.021 Brut ($65) in the U.S., billed as the first harvest to glass wine by chef de caves Dominique Demarville. Continue reading → ...
Hampton Water, co-founded by Jon Bon Jovi, Jesse Bongiovi, and French winemaker Gérard Bertrand, is debuting its first limited-time offering with the launch of the Hampton Water Artist Series. The ...
While Bourbon decreased 3% in volume nationwide last year, according to Impact Databank, leading upscale brands like Woodford Reserve (+3.7% to 1.5 million cases), Buffalo Trace (+17.5% to 600,000 ...
THC seltzer brand Wynk is in expansion mode, recently launching in Wisconsin, Kentucky, Alabama, and Arkansas, amid a wider period of growth for the company. The brand is available in a mixture of ...
Multistate operator Ascend Wellness reported net revenue of $128 million for Q1 2025, a 5.9% decline year-over-year. The company’s adjusted EBITDA was at $27 million, a 10.7% decrease. Headwinds hit ...
Treasury Wine Estates has appointed Diageo veteran Sam Fischer as CEO, succeeding Tim Ford, effective October 27. Ford has spent 14 years with Treasury, including five as its chief executive, and will ...