The battle over how to regulate hemp-derived THC products is heating up, with the alcohol retail trade group American Beverage Licensees (ABL) proposing to bring intoxicating hemp products further ...

Cannabis and beverage alcohol group Tilray reported gross profit of $52 million for its fiscal third quarter ended in February, up 5% year-over-year. Net revenue for Q3 was at $185.8 million, down ...

Moët Hennessy saw first-quarter sales slip 9% organically to €1.3 billion ($1.5b) in the three months through March, as the company cited “ongoing normalization of demand” as impacting its results.

Facing a challenging landscape across many of its key established and emerging markets, Diageo is reportedly examining options to offload some of its wine assets. Continue reading → ...

Regulators in New York and Illinois have released new reports highlighting marked growth in their regulated cannabis markets over the last year. Continue reading → ...

A new draft of the 2025 Farm Bill has been published, revealing new regulations and restrictions on the hemp-derived THC category. Continue reading → ...

•Southern Glazer’s Wine & Spirits announced a national distribution agreement for the Canadian market with Campari Canada, including brands such as Aperol, Campari, and Forty Creek, effective this ...

•Hemp-derived THC beverage brand Wynk has launched a new line of sparkling lemonades, all at 10mg of THC per can. Continue reading → ...

•Walgreens plans to close some 600 stores as it consolidates its $4.38 billion merger with rival Rite Aid that won regulatory approval last month. Continue reading → ...

Constellation Brands has taken another big step in streamlining and premiumizing its wine stable, selling a 12-million-case portfolio of mostly mainstream brands to The Wine Group for an undisclosed ...

Foley Family Wine & Spirits is debuting new packaging for Tequila El Mexicano, which joined its U.S. import portfolio last year. Continue reading → ...