Multistate operator Verano saw revenue rise 1% sequentially to $208 million for its first fiscal quarter of 2026. The company attributes the quarter-over-quarter gains to strong performance at retail.
•Florida’s Trulieve has applied with the Drug Enforcement Agency (DEA) to register its medical cannabis facilities, following the agency’s move to reclassify medical cannabis as a Schedule III drug.
Illinois-based Rythm Inc. has entered the hemp-based THC spirit market with 1777, a new offshoot of the Señorita brand of hemp-based cocktails. The new spirit is, like the Señorita drinks before it, ...
Republic National Distributing Co. (RNDC) has prospective deals in place with Breakthru Beverage Group and Quality Brands Distribution to divest its businesses across five states, SND has learned.
California’s legal cannabis market saw sales drop once again in 2025, falling to $3.9 billion for the year. The market declined by roughly $300 million last year, marking the third year in a row that ...
A panel of federal judges in the Court of International Trade has struck down the Trump administration’s 10% tariffs covering most U.S. imports, which had been imposed after the administration’s broad ...
Each year, Shanken’s Impact Newsletter honors the best-performing brands across the industry with its “Hot Brand” awards. Continue reading → ...
“We’ve made the difficult business decision to withdraw from California which affects many of the roles in the state. We are complying with all regulatory obligations and are committed to handling ...
Following a year of monumental growth that took it to 1 million cases in the U.S., spirits-based RTD The Long Drink continues to see rapid gains. After more than doubling in size last year, president ...
Chalone Vineyard’s Soledad winery in Monterey has been closed, but the brand lives on. Owner Foley Family Wines & Spirits (FFWS) confirmed to Wine Spectator that the company will continue to produce ...
After posting full-year results yesterday, Pernod Ricard this morning announced the formation of new selling divisions in the U.S. as part of a shift in its route-to-market strategy, with changes ...
•M.S. Walker Brands is introducing Pelotón de la Muerte Tequila, which joins the brand’s mezcal in the portfolio. Continue reading → ...