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.

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 ...

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 ...

In the second part of our interview with Ted Baseler, Ste. Michelle Wine Estates’ chief executive discusses the group’s California portfolio and partner brands, as well as trends in its core ...

•Atlanta, Georgia’s SweetWater Brewing Company is expanding its East Coast presence with entry into New York City, Connecticut and central Pennsylvania. Continue reading → ...

•The Boston Beer Company reported results for its quarter ended June 25, in which depletions were down 7% but net revenue rose 2.2% to $616.2 million. Continue reading → ...

•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 ...

•Providence, Rhode Island-based Keel Vodka has entered the hard seltzer category with Keel Sparkling, a spirits-based RTD made with Keel’s calorie-reduced vodka. Continue reading → ...

Butter Wines, part of John Anthony Wine & Spirits, has announced a packaging refresh emphasizing sustainability and helping each wine in the portfolio stand out. Continue reading → ...

•Wine Spectator has learned that convicted wine counterfeiter Rudy Kurniawan, the young collector who sold millions of dollars worth of fakes, will wait another week before he learns how much time he ...

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 → ...