The cannabis drinks market is growing at a rapid rate. According to research firm Fortune Business Insights, it’s projected to top $117 billion in 2032, led by North America, which dominates the ...
Canadian cannabis company High Tide has emerged as a leading player, now operating 191 Canna Cabana locations across Canada, with 29 new stores opened in 2024. “This year has been extraordinary for ...
Los Angeles-based private equity firm Butterfly completed its $1.95 billion acquisition of luxury California wine player Duckhorn. Today, SND can exclusively report that former Constellation Wine & ...
U.S. Surgeon General Vivek Murthy issued an advisory Friday calling for alcoholic beverages to carry cancer warnings, arguing that Americans are uneducated about potential links between alcohol and ...
The top wine and spirits wholesaler nationwide with estimated 2024 revenues of $26 billion, Southern Glazer’s has a unique window into drinks trends across the U.S. market. While both on- and ...
Oregon’s Willamette Valley Vineyards founder Jim Bernau has announced he intends to step back from the CEO position at the company, but will continue as chairman and president. Willamette Valley has ...
Madeline Triffon has taken a new job as master sommelier at Plum Market, the Michigan-based gourmet retailer. Triffon, North America’s first-ever certified female master sommelier, will be involved in ...
With the drinks industry already facing an uncertain outlook heading into the new year, U.S. Surgeon General Vivek Murthy has dealt the business another potential blow, with an advisory this morning ...
New York’s and New Jersey’s cannabis markets both attained new milestones in 2024, with New York state reaching $1 billion in lifetime sales and New Jersey generating $1 billion in cannabis sales for ...
While conditions have been difficult in the U.S. market over the past year, the spirits category posted its 29th consecutive annual gain by volume, with depletions up 2.5% to 306.6 million 9-liter ...
Canopy USA has appointed veteran drinks and cannabis distribution executive Brooks Jorgensen as CEO. Most recently he served as president of Kiva Sales and Service, billed as the largest full-service ...
Headlined by Duckhorn’s nearly $2 billion acquisition by private equity group Butterfly, 2024 has seen a number of significant mergers and acquisitions across the supplier and distributor tiers. They ...