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.
This month’s whisky auction performance is on track to outperform April 2025, with a series of good results for Macallan Fine & Rare bottlings, and a rare appearance of the 2005 edition of Ichiro’s ...
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 ...
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 ...
Last week, Shanken News Daily reported that Illinois-based importer Winesellers Ltd. was expanding into the hemp THC category with a new line of infused teas under the Nektr brand. Nektr’s teas come ...
•M.S. Walker Brands is introducing Pelotón de la Muerte Tequila, which joins the brand’s mezcal in the portfolio. Continue reading → ...
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 ...
Viña Concha y Toro saw U.S. sales slide 32% to $28 million on volume down 30% to 615,000 cases in its first quarter ended in March, weighed down by shipment phasing related to RNDC’s exit from the ...
“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 ...
•Kindred, a Toronto-based cannabis brokerage that’s a subsidiary of Breakthru Beverage Group, has acquired certain assets of Green Hedge Education and Distribution Services for an undisclosed sum.
The Duckhorn Portfolio has seen strong growth in recent years from Decoy Limited ($20-$30)—its higher-priced offshoot of the 1.5-million-case Decoy brand—which surpassed 200,000 cases last year, ...
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