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.

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 ...

•American Spirit Whiskey founders Charlie Thompson and Jim Chasteen have agreed to purchase a 60,000-square-foot space in the brand’s hometown of Atlanta, and intend to invest $5 million to develop it ...

Diageo is forming a joint venture with California-based investment firm Main Street Advisors that will market the Cîroc vodka and Lobos 1707 Tequila brands moving forward. Under the deal, for which ...

Maker’s Mark is shaking things up with Star Hill Farm, a new wheat whiskey spotlighting the eponymous farm in Loretto, Kentucky, as well as the soft red winter wheat that the distillery has long bet ...

Last month, entrepreneur and rapper Snoop Dogg announced a new line of hemp-derived THC beverages, the Death Row Records branded “Do It Fluid” and Snoop’s own “Doggy Spritz.” The drinks—including ...

Napa Valley-based Trinchero Family Wine & Spirits has appointed industry veteran Corey Beck as chief operating officer, effective May 1. He will report directly to Trinchero president and CEO Bob ...

In the second part of our interview, Treasury Wine Estates Americas president Ben Dollard discusses the overall wine market outlook and prospects for the company’s luxury portfolio—which now accounts ...

Drinks industry groups in the U.S. and abroad are urging negotiations aimed at defusing trade tensions following yesterday’s announcement of broad U.S. tariffs imposed on countries both large and ...

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 → ...