U.S. cannabis sales are projected at $30.2 billion-$30.7 billion for 2024, including medical and adult-use sales, according to cannabis market analysis firm Whitney Economics. The group estimates that ...

Pennsylvania governor Josh Shapiro has once again called on the state legislature to establish a framework for legal cannabis sales in the Keystone State. The move, the third time the governor has ...

At Southern Glazer’s inaugural WineForward symposium held in Denver on Monday, a key topic was the necessity of cultivating younger consumer demographics and ushering them into the wine category.

Online retailer Wine.com has seen significant change lately, with the Goldman Sachs-backed company partnering last October with digital marketing and technology group Dolabra in a bid to expand its ...

projections for the wine, spirits and cider industries: • Consumption Trends • Brand Depletions • Wine/Spirits Drinker Demographics • Advertising Expenditures • Pricing/Retail Sales Analysis • IRI ...

Tennessee-based Ole Smoky Distillery crossed a key milestone last year, surpassing 1 million cases in volume on 48% growth. Private equity group Apax Funds today announced that it has acquired a ...

Canada’s biggest cannabis player is taking aim at the U.S. market with a new range of hemp THC beverages. Tilray Brands has launched a new Alternative Beverages unit to roll out hemp-derived delta-9 ...

On the face of it, 2020 was a difficult year for launching new products—doubly so for new-to-world entries with no established identity or customer base. Flying in the face of that conventional wisdom ...

It’s been a long time coming, but E.&J. Gallo has closed its acquisition of more than 30 wine brands and five wineries from Constellation Brands. The final price was approximately $810 million, ...

Leading Canadian cannabis retailer High Tide saw sales climb 7% to C$522 million ($362m) in its fiscal year through October, as the company continues to expand its Canna Cabana chain throughout the ...

France’s Groupe Bollinger has been raising its profile in the U.S. market over the past few years, leveraging increasing consumer enthusiasm for Champagne with its namesake bubbly while expanding its ...