Multistate operator Verano saw revenue rise 1% sequentially to $208 million for its first fiscal quarter of 2026. The company attributes the quarter-over-quarter gains to strong performance at retail.
•Florida’s Trulieve has applied with the Drug Enforcement Agency (DEA) to register its medical cannabis facilities, following the agency’s move to reclassify medical cannabis as a Schedule III drug.
A panel of federal judges in the Court of International Trade has struck down the Trump administration’s 10% tariffs covering most U.S. imports, which had been imposed after the administration’s broad ...
After posting full-year results yesterday, Pernod Ricard this morning announced the formation of new selling divisions in the U.S. as part of a shift in its route-to-market strategy, with changes ...
“We’ve made the difficult business decision to withdraw from California which affects many of the roles in the state. We are complying with all regulatory obligations and are committed to handling ...
Following a year of monumental growth that took it to 1 million cases in the U.S., spirits-based RTD The Long Drink continues to see rapid gains. After more than doubling in size last year, president ...
Chalone Vineyard’s Soledad winery in Monterey has been closed, but the brand lives on. Owner Foley Family Wines & Spirits (FFWS) confirmed to Wine Spectator that the company will continue to produce ...
•M.S. Walker Brands is introducing Pelotón de la Muerte Tequila, which joins the brand’s mezcal in the portfolio. Continue reading → ...
Last week, Shanken News Daily reported that Illinois-based importer Winesellers Ltd. was expanding into the hemp THC category with a new line of infused teas under the Nektr brand. Nektr’s teas come ...
Viña Concha y Toro saw U.S. sales slide 32% to $28 million on volume down 30% to 615,000 cases in its first quarter ended in March, weighed down by shipment phasing related to RNDC’s exit from the ...
Ste Michelle Wine Estates is set to come under new ownership, as the Washington state-based Wyckoff family has announced its acquisition of the winery for an undisclosed sum. Continue reading → ...
California’s legal cannabis market saw sales drop once again in 2025, falling to $3.9 billion for the year. The market declined by roughly $300 million last year, marking the third year in a row that ...