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 & ...

New York’s and New Jersey’s cannabis markets both attained new milestones in 2024, with New York state reaching $1 billion in lifetime sales and New Jersey generating $1 billion in cannabis sales for ...

Canopy USA has appointed veteran drinks and cannabis distribution executive Brooks Jorgensen as CEO. Most recently he served as president of Kiva Sales and Service, billed as the largest full-service ...

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 ...

U.S. Surgeon General Vivek Murthy issued an advisory Friday calling for alcoholic beverages to carry cancer warnings, arguing that Americans are uneducated about potential links between alcohol and ...

The top wine and spirits wholesaler nationwide with estimated 2024 revenues of $26 billion, Southern Glazer’s has a unique window into drinks trends across the U.S. market. While both on- and ...

Oregon’s Willamette Valley Vineyards founder Jim Bernau has announced he intends to step back from the CEO position at the company, but will continue as chairman and president. Willamette Valley has ...

With roots that date back 86 years, Austin, Texas-based Twin Liquors has emerged as the second-largest liquor store chain in the Lone Star state. The company now operates 103 stores, with locations ...

The cannabis drinks market is growing at a rapid rate. According to research firm Fortune Business Insights, it’s projected to top $117 billion in 2032, led by North America, which dominates the ...

In an update yesterday, Constellation Brands said it’s targeting 1% to 3% net sales growth and 25%-26% operating margins for its wine and spirits business over the medium term, underpinned by its move ...

With the drinks industry already facing an uncertain outlook heading into the new year, U.S. Surgeon General Vivek Murthy has dealt the business another potential blow, with an advisory this morning ...