News

Rémy Cointreau recently posted global sales down 18% to €985 million ($1.1b) for its full fiscal year ended in March, impacted by conditions in China and destocking in the Americas over the first ...
In a note to staff yesterday, RNDC CEO Bob Hendrickson provided more context around the second-ranked national distributor’s decision to exit the California market. “This decision was driven by rising ...
•Tennessee has announced new restrictions on hemp-derived THC products, set to take effect in 2026. The new legislation, signed by governor Bill Lee, will ban THCA and synthetic cannabinoids in the ...
In case you missed yesterday’s news alert, The Wine Group has closed its previously announced acquisition of a number of wine brands and facilities from Constellation Brands for an undisclosed sum.
Republic National Distributing Co. is closing its California business. The announcement follows a challenging period in the Golden State for the nation’s second largest wholesaler of spirits and wine.
In case you missed yesterday’s news alert, Brown-Forman has named new distributors in 13 states, including adding new markets with Johnson Brothers, Southern Glazer’s, and Reyes among others. While ...
Cannabis rescheduling in the U.S. remains stalled, with President Trump and his pick to lead the DEA showing no signs of prioritizing this issue. The slowdown of the effort, which began under ...
Hampton Water, co-founded by Jon Bon Jovi, Jesse Bongiovi, and French winemaker Gérard Bertrand, is debuting its first limited-time offering with the launch of the Hampton Water Artist Series. The ...
Multistate operator Ascend Wellness reported net revenue of $128 million for Q1 2025, a 5.9% decline year-over-year. The company’s adjusted EBITDA was at $27 million, a 10.7% decrease. Headwinds hit ...
THC seltzer brand Wynk is in expansion mode, recently launching in Wisconsin, Kentucky, Alabama, and Arkansas, amid a wider period of growth for the company. The brand is available in a mixture of ...