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 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 ...

It’s no secret that 2024 was a challenging year in various quarters of the whisky world. Still, through it all, the scene continued to churn with dynamic and exciting change—new distillery and visitor ...

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 ...

2024 was a year of transition for the wine world, with old-guard retirements, new buyers on the scene, and big names changing hands. Market shifts saw previous owners buying back their namesake ...