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 → ...

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 ...

•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 ...

•New York-based Castle Brands reported a 17% increase in net sales to $15.9 million for its fiscal third quarter as total gross profit grew 24% to $6 million, compared to $4.8 million for the ...

•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 → ...

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 ...