The past three months have shown a mixed bag in terms of results for leading U.S. cannabis operators, as multistate players continue to navigate market uncertainties. Last week, Curaleaf, Verano, the ...

Following the failure of adult-use legalization in Florida, South Dakota, and North Dakota, cannabis companies’ stocks have taken a beating in the market. Last Wednesday, the American Cannabis ...

Fifty years ago today, Marvin R. Shanken launched M. Shanken Communications, starting from a small apartment office in New York City. He began with Impact newsletter, the industry publication that ...

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, ...

Diageo has agreed to acquire super-premium Tequila brand Casamigos. The transaction values Casamigos at up to $1 billion, with initial consideration set at $700 million and a further potential $300 ...

It’s the fourth month of the year where the 20 highest single bottle hammer prices exceeded $1 million, joining April, June, and July. The year’s highest hammer price to date was set … Continue readin ...

Strong sales of Cognac and Champagne helped carry Moët Hennessy to nearly €6 billion ($6.7b) in sales for 2021, up 26% organically from the prior year. Sales also outstripped pre-pandemic 2019 by 9%.

Napa Valley-based Far Niente Wine Estates is among the leading landholders in California’s most prestigious wine region with approximately 500 acres of vineyards, producing about 155,000 cases ...

U.S. sales for Viña Concha y Toro grew 21% to just under $100 million in the first nine months of this year on a volume increase of 16% to 2.4 million cases. The solid results came despite a slowdown ...

New York adult-use cannabis sales are forecasted to reach $895.1 million for 2024, according to a new report on the state’s cannabis market from Whitney Economics. The report, which addresses the New ...

Should wineries in California, Oregon, and other states be able to sell wines directly to Iowa retailers, bypassing wholesalers? Yes, according to a Sept. 30 federal court decision. U.S. District ...