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 ...

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

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 ...

•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 ...

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

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

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 → ...

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 ...

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

Canada’s Canopy Growth Corp has agreed to purchase Colorado-based edibles maker Wana Brands for $297.5 million, contingent upon federal legalization of cannabis in the U.S. Continue reading → ...

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