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 ...

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 ...

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 ...

October was a monster month for whisky auctions: It’s the fourth month of the year where the 20 highest single bottle hammer prices exceeded $1 million, joining April, June, and July. The year’s ...

Napa Valley-based Far Niente Wine Estates is among the leading landholders in California’s most prestigious wine region with approximately 500 acres of vineyards, producing about 155,000 cases ...

U.S. sales for Viña Concha y Toro grew 21% to just under $100 million in the first nine months of this year on a volume increase of 16% to 2.4 million cases. The solid results came despite a slowdown ...

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 ...

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 ...

Rémy Cointreau says challenges in the U.S. Cognac market are proving longer-lasting than expected, with the company downgrading guidance today to call for “no recovery before Q4 24-25 at the earliest.