LVMH chairman and CEO Bernard Arnault has announced new leadership at Moët Hennessy, installing LVMH CFO Jean-Jacques Guiony as CEO of the drinks unit, and naming his son Alexandre Arnault as deputy ...

Wine Spectator’s countdown of the top 10 wines of the year continues today, with the naming of the No. 4, 3, and 2 wines of 2024. Yesterday, the magazine revealed an Oregon Pinot Noir and a Stags Leap ...

Last fall, Canadian singer Michael Bublé teamed up with WES Brands and Heaven Hill to release Fraser & Thompson North American Whiskey. The project blends American and Canadian whiskies together and ...

The past three months have shown a mixed bag in terms of results for leading U.S. cannabis operators, as multistate players continue to navigate market uncertainties. Last week, Curaleaf, Verano, the ...

Following the failure of adult-use legalization in Florida, South Dakota, and North Dakota, cannabis companies’ stocks have taken a beating in the market. Last Wednesday, the American Cannabis ...

Suzanne Deal Booth, owner of the historic Bella Oaks Vineyard in Napa Valley’s Rutherford appellation, has finalized a deal to purchase the Wheeler Farms winery facility from the Araujo family, Wine ...

New York-based importer Biagio Cru & Estate Wines is building off the success of its Lolailo Sangria brand with the launch of Sol de Ibiza, a new ready-to-drink Spanish sangria. Continue reading → ...

•The rescheduling of cannabis from Schedule I to Schedule III in the U.S. has been further delayed, with an administrative law judge calling for more detailed information and to set a hearing date for ...

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 ...

Hi Seltzer has partnered with Total Wine & More on a national deal for Hi’s new line of hemp-derived THC seltzers. The new partnership kicks off in California, Texas, Arizona, and Florida and will ...

Billion-dollar multistate player Trulieve has been the main backer of Florida’s ballot initiative to open adult-use sales in the state, contributing upwards of $140 million to the Smart & Safe Florida ...

Should wineries in California, Oregon, and other states be able to sell wines directly to Iowa retailers, bypassing wholesalers? Yes, according to a Sept. 30 federal court decision. U.S. District ...