In case you missed yesterday’s news alert, 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 ...

Tilray reported gross profits of $61 million for Q2, ended November 30, a 29% gain over the previous year. Overall, net revenue was up 9% for the quarter, reaching $211 million. According to Tilray, ...

Late yesterday, administrative law judge John Mulrooney postponed the start of hearings on federal cannabis rescheduling by at least three months, with reform-minded participants alleging bias on the ...

Brown-Forman announced several changes throughout its global business this morning, among them the appointment of Michael Masick as president, Americas. Masick was already head of commercial ...

E-commerce platform DoorDash has announced an expansion into hemp-derived THC and CBD products in select markets across the U.S. The move will add a new tab to the DoorDash app, featuring a selection ...

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 ...

The Duckhorn Portfolio has agreed to acquire fellow California winery Sonoma-Cutrer from Brown-Forman for $400 million in a combination of stock and cash, giving Brown-Forman a 21.5% stake in Duckhorn ...

Throughout its 100-year history, Glen Rock, New Jersey-based Opici Group has been involved in every facet of the wine business. Today the company is an importer, a producer, and a distributor. Its ...

Constellation is making it official. Following last year’s minority investment in California’s Booker Vineyard, the corporation is exercising an option in the agreement to acquire the collection in ...

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 ...

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 ...

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 & ...