New York adult-use cannabis sales are forecasted to reach $895.1 million for 2024, according to a new report on the state’s cannabis market from Whitney Economics. The report, which addresses the New ...

While the overall wine market in the U.S. has seen volume decline lately—slipping 2.8% to 319 million cases last year, according to Impact Databank—the relatively nascent low- and no-alcohol wine ...

•Denver, Colorado-based Charlotte’s Web formed a joint venture with a subsidiary of British American Tobacco and AJNA BioSciences. Continue reading → ...

Southern Glazer’s Wine & Spirits has named Jennifer Chaplin Tolkin as vice president of commercial sales, Campari division, effective September 9. Continue reading → ...

•Skrewball Peanut Butter Whiskey, part of the Pernod Ricard portfolio, has brought back its seasonal eggnog for a limited time. Continue reading → ...

With the U.S. market’s domestic wine category in growth mode, the segment is seeing its fair share of standout performances, and this year’s Impact “Hot Prospects” list highlights some of the best.

•Recreational cannabis sales in Massachusetts has surpassed the $2.5 billion mark, according to data from the state’s Cannabis Control Commission. Continue reading → ...

•Mionetto USA is looking to capitalize on consumer interest in larger-format bottle sizes, launching its Prestige Gran Rosé Prosecco nationally in a 1.5-liter magnum bottle retailing at $28. Continue ...

With a prestigious Italian portfolio including Frescobaldi, Ornellaia, Masseto, Luce della Vite, Danzante and Attems, Tuscany-based Marchesi de’ Frescobaldi has posted impressive sales growth recently ...

Viña Errazuriz, one of Chile’s oldest and most storied wine names, has been taking some major steps in recent years to claim a more prominent place in the U.S. imported wine market. Continue reading → ...

•Total Wine & More has joined the growing number of retailers pulling Russian products from store shelves following the nation’s invasion of Ukraine.

Campari Group is entering the fast-rising mezcal category, agreeing to take a 51% stake in the Montelobos brand as well as sister label Ancho Reyes spicy liqueur. Continue reading → With its pending ...