Tag: Cannabis

Last week’s Third Annual Wine and Weed Symposium attracted a huge group of wine and cannabis professionals to the Hyatt Regency Sonoma Wine Country in Santa Rosa to learn about emerging trends in consumer behavior, the impact on wine sales in states where recreational cannabis is legal, and how alcohol beverage companies can and do invest in cannabis. The continuing enthusiasm for this new frontier, this brazen opportunity, and the vast cross-marketing potential with the wine had attendees leaving on a high note.

While the 3rd Annual Wine & Weed Symposium offered ideas to both camps on how to work together, utilizing marketing strategies, and integrating more women into the ranks, the critical piece of information that many in the audience were waiting for was presented during Jessica Lukas’ session, “The Cannabis Impact on Wine”.

North Coast Wine Industry Finds Potential Cannabis Business Ventures Appealing: Last year when Francis Ford Coppola unveiled a cannabis product line to go with his wine and hospitality empire, the famed film director was stepping into the unknown. The traditionally hidebound North Coast premium wine sector had held the emerging cannabis industry at arm's length, especially in Napa County, because of the stigma of stoners as well as state and federal regulatory concerns...

As cannabis products continue to infiltrate huge sectors of the consumer marketplace, the wine and alcohol beverage industries are grappling with either real or perceived threats to their own market shares due to the sweeping popularity of the herb.

US Supreme Court Ruling Should Boost Digital Wine Sales: A U.S. Supreme Court ruling issued Wednesday has the potential to open digital wine sales to more states across the country. The court in a 7-to-2 decision struck down a Tennessee law that required wine retailers to live in the state for two years before they could apply for a permit to sell alcohol...

U.S. Supreme Court Strikes Down Tennessee Residency Law; Opens Door for National Wine Retailer Shipping Challenges: Seven of the justices delivered a strong defense of the Constitution's Commerce Clause in the face of discriminatory state alcohol regulations...

Bordeaux vs. Napa: What Is the Best Wine Region in the World? : In 1976, the Judgment of Paris shocked the wine world. In a blind tasting, an all-French panel of experts rated a California Cabernet above four top Bordeaux, elevating Napa from backwater to world class. We've created a rematch of sorts to see how these legendary regions stack up against each other now...

“With cannabis, there’s a lot of independent thinking going on; like in the wine industry, These are dream chasers, no matter how daunting the chase might be.”

E & J Gallo-Constellation Transaction May Not Close Until Second Half: The $1.7 billion deal between Constellation Brands and E&J Gallo Winery may not be completed until the second half of calendar year 2019 instead of by the end of May, according to regulatory documents...

Laetitia Winery: Parent Issues El Campo Lawsuit Statement: A planned picket of Laetitia Winery has been called off, after the local winery's parent group apologized for the way it handled a lawsuit stopping work at El Campo Road and Highway 10...

CEO of Francis Ford Coppola's Wine Pursuits Talks Reading the Consumer Zeitgeist: Forward-thinking has served Francis Ford Coppola in his pursuits in film, wine, hospitality and now cannabis. At the helm of much of this business is Corey Beck...

E. & J. Gallo Winery Announces Deal with Constellation Brands: E. & J. Gallo Winery (Gallo) announced today that it has entered into an agreement with Constellation Brands, Inc. to purchase more than 30 wine and spirits brands, along with six winemaking facilities located in California, Washington, and New York...

Roederer Buys Sonoma's Merry Edwards Winery: The Louis Roederer Champagne house has purchased Russian River Valley Pinot Noir specialist Merry Edwards Winery. The deal includes the brand and its inventory, as well as the winery and tasting room in Sebastopol and 79 acres spread over six vineyards...

Constellation Brands to Discontinue 40% of Wine & Spirits Portfolio: This week at the Consumer Analyst Group of New York (CAGNY) Conference, Constellation Brands said that they expected to sell or discontinue up to 40% of their wine and spirits portfolio. Bill Newlands, president and COO, looked to reassure investors that the "best is yet to come."

Napa County, Bremer Family Winery Reach Lawsuit Settlement: Napa County and Bremer Family Winery settled a lawsuit brought by the county against the winery over alleged permit and code violations, ending a dispute that called into question how the county interprets older use permits...