Legal cannabis is big business in America, with the top 15 states at $18 billion in sales in the year-to-date through September 2024. Leading markets include pioneers of legal cannabis like California ...
Super-premium spirits brands like Milagro Tequila, Hendrick’s Gin, and Reyka vodka have been leading growth for William Grant & Sons in the U.S. lately, benefiting from the on-premise rebound to drive ...
Moët Hennessy has posted sales up 11% organically to approximately $7.7 billion for its full fiscal year ended in December, as profit from recurring operations rose 16% to $2.3 billion. The luxury ...
Industry veteran Dan Leese, who has led San Francisco-based importer, distiller, and marketer Hotaling & Co. over the past five years, is set to step down as CEO at the end of June. Hotaling said its ...
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 ...
E.&J. Gallo has made another play to bolster its rapidly expanding spirits portfolio, agreeing to acquire Impact “Hot Brand” RumChata for an undisclosed sum. Founded in 2009 by master blender Tom Maas ...
Ahead of its annual general meeting today, Diageo said it’s holding its current guidance in place, with sales expected to improve gradually through the end of calendar 2023 and into 2024. That’s ...
Heaven Hill and WES Brands have unveiled a new celebrity whiskey label, partnering with singer Michael Buble to launch the Fraser & Thompson brand. Fraser & Thompson is a blend of Canadian whisky and ...
While American brandy has faced declines in recent years, it remains a nearly 7-million-case category in the U.S., led by big labels like E.&J. (Gallo) at 2.8 million cases, Paul Masson (Sazerac) at 2 ...
Scotch whisky player Compass Box has announced a new majority investment from London-based firm Caelum Capital, and named Caelum advisor Maurice Doyle as CEO. Doyle, who previously held senior ...
With super-premium gin showing strong growth in the U.S., Deutsch Family Wine & Spirits has made its first move in the category, SND has learned. Deutsch has formed a 50-50 joint venture partnership ...
Regulators in New York and Illinois have released new reports highlighting marked growth in their regulated cannabis markets over the last year. Illinois, the more well-established of the two states, ...