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EXCLUSIVE: Are THC Mocktails the Future of Social Drinking? One Company Is Testing Out That Theory.
Sunday, April 14, 2024 - 10:56am | 796In response to a rising demand for healthier lifestyle choices, Rexis Systems has introduced Squared Libations, a groundbreaking line of non-alcoholic mocktails infused with hemp-derived THC. These innovative beverages aim to transform traditional social drinking by offering the...
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Is Cannabis Replacing Beer? Canadian Study Links Weed Legalization To Drop In Alcohol Sales
Tuesday, March 5, 2024 - 12:40pm | 737A new study published in Drug and Alcohol Dependence suggests that legalizing cannabis is "associated with a decline in beer sales" and consumption. The study, conducted by a team from the University of Manitoba, Memorial University and the University of Toronto, examined beer sales data...
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Anheuser-Busch InBev Q4 Earnings Preview: Bud Light Recovery, Super Bowl Impact, Cramer Cautions 'People Don't Seem To Like The Beer Companies'
Wednesday, February 28, 2024 - 3:11pm | 854Beer giant Anheuser-Busch InBev SA (NYSE:BUD) is set to report fourth-quarter financial results before the market opens Thursday. Here are the key earnings estimates, analyst ratings and key items for investors to watch. Earnings Estimates: Analysts expect Anheuser-Busch InBev to report fourth-...
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Is Weed Worse Than Alcohol For Driving? New Study Challenges Common DUI Assumptions
Wednesday, February 7, 2024 - 9:50am | 474Published in 2024 in "Accident Analysis & Prevention," the study led by Esther K. Choo, M.D., M.P.H., Professor of Emergency Medicine at OHSU delves into the comparative effects of cannabis and alcohol on driving safety, challenging longstanding DUI assumptions. Research...
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EXCLUSIVE: '32% Ditch Painkillers For Cannabis,' Says Bloomberg Analyst
Thursday, February 1, 2024 - 1:57pm | 658In the latest episode of Benzinga’s Cannabis Insider, Kenneth Shea, the senior consumer products analyst at Bloomberg Intelligence, revealed findings from the BI 2024 Cannabis Survey that are shaking up the cannabis industry. With findings revealing a shift toward cannabis as a substitute...
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Saudi Arabia To Open First Alcohol Store In Riyadh For Non-Muslim Diplomats
Thursday, January 25, 2024 - 3:05am | 522In a groundbreaking move, Saudi Arabia is set to open its first-ever alcohol store in the capital city of Riyadh. The store will exclusively cater to non-Muslim diplomats, marking a significant shift in the traditionally conservative Muslim country. What Happened: The store, located in the...
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Coca-Cola Dives Into Alcoholic Beverages with Lemon-Dou Pilot In India
Monday, December 11, 2023 - 3:27am | 366Iconic soft drink producer, Coca-Cola Co's (NYSE: KO), is stepping into the alcoholic beverage market in India. The company has begun a pilot test of Lemon-Dou, a globally enjoyed alcoholic ready-to-drink beverage in Goa and select areas of Maharashtra. Lemon-Dou merges...
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How To Cut Down On Your Marijuana Consumption: Safe, Effective And Simple Steps
Saturday, October 21, 2023 - 5:37pm | 715This article was originally published on The Fresh Toast and appears here with permission. Smoking too much weed can limit your hobbies, motivation and relationships. Here’s how to take it down a notch. Marijuana is great, but too much of it is usually a problem. With the pandemic and the...
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Coca-Cola Dives Deeper Into Alcohol: Absolut Vodka Meets Sprite - A Stock Boost Ahead Of Earnings?
Wednesday, October 18, 2023 - 11:24am | 888Beverage giant Coca-Cola (NYSE: KO) is one of several beverage and food stocks that have been hit due to potential concerns from weight loss drugs hurting sales. Ahead of its quarterly earnings report, the company announced another venture into the alcoholic beverage category. What Happened: For...
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Snacks In The Ozempic Era: Food, Beverage Stocks Crash With Weight Loss Drugs On The Rise
Friday, October 6, 2023 - 4:01pm | 1471Stocks in the food and beverage industry experienced their most challenging week since May 2022, further extending the declines seen in the preceding weeks. The First Trust Nasdaq Food & Beverage ETF (NYSE:FTXG) plummeted by over 5% this week, marking its third consecutive week of losses and...
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Tilray's Trifecta: CEO Irwin Simon Says Cannabis Company Well-Positioned Around Weed, Beer, Food
Wednesday, October 4, 2023 - 3:09pm | 591Irwin Simon, chairman and CEO of Tilray, Inc. (NASDAQ: TLRY) was asked Wednesday whether conversations with stockholders are at times frustrating when the company's stock price isn't always performing to everyone's satisfaction. Tilray's first-quarter financial results Wednesday...
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This Man Helped Make Kobe Bryant Nearly $500M — Now He's Working With Travis Kelce
Thursday, September 28, 2023 - 3:38pm | 459Unless you live under the world’s biggest rock, you’ve probably heard about Kansas City Chief tight end Travis Kelce’s new romance with Taylor Swift. But, you might have not heard about Kelce’s investment in Casa Azul Spirits, a beverage company that makes...
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Tesla Wins Trademark Battle In China, But It's Not Related To Electric Vehicles
Friday, August 11, 2023 - 11:21am | 579The largest vehicle company in the world by market capitalization, Tesla Inc (NASDAQ: TSLA) has made a splash worldwide, such as being one of the dominant players in the Chinese market. The company recently won a trademark case in China, but it wasn’t related to its vehicles. What...
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GOP State Senator Wants To Reinstate Penalties For Underage Marijuana And Alcohol Use In New Jersey
Friday, June 16, 2023 - 9:52am | 506New Jersey Sen. Declan O'Scanlon (R) proposed a bill to reinstate penalties for people under 21 caught possessing or using cannabis and alcohol, reported TAPinto. Under the measure that legalized recreational cannabis over two years ago, marijuana was deemed...
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Twitch's New Branding Policy: No Marijuana Promotion, But Alcohol Gets A Pass
Saturday, June 10, 2023 - 5:21pm | 319Twitch, the video game streaming company owned by Amazon.com, Inc (NASDAQ: AMZN), has recently revised its branding policy for streamers, now explicitly forbidding the promotion of marijuana businesses and products. The platform has recently retracted its ad guideline changes after facing vehement...