alcohol business – NSMS 10 http://nsms10.com/ Thu, 29 Sep 2022 10:35:25 +0000 en-US hourly 1 https://wordpress.org/?v=5.9.3 https://nsms10.com/wp-content/uploads/2021/06/icon-71-150x150.png alcohol business – NSMS 10 http://nsms10.com/ 32 32 Global alcoholic ingredients market size [2022-2028] Exhibitions https://nsms10.com/global-alcoholic-ingredients-market-size-2022-2028-exhibitions/ Thu, 29 Sep 2022 10:01:26 +0000 https://nsms10.com/global-alcoholic-ingredients-market-size-2022-2028-exhibitions/ Global alcoholic ingredients market size [2022-2028] ExhibitionsAlcohol Ingredients Market Vantage Market Research has published a report on the Global Alcoholic Ingredients Market, so the entire market dynamics and analysis are well represented across the various segments such as product type, application, end user, regions and dominant players in the market. This report also covers the entire market valuation (share, size and […]]]> Global alcoholic ingredients market size [2022-2028] Exhibitions

Alcohol Ingredients Market

Vantage Market Research has published a report on the Global Alcoholic Ingredients Market, so the entire market dynamics and analysis are well represented across the various segments such as product type, application, end user, regions and dominant players in the market. This report also covers the entire market valuation (share, size and revenue) associated with a comprehensive overview. The in-depth market analysis is likely to enlighten readers and investors on strategic tactics, growth drivers, restraints, opportunities, profits, pricing, and growth phase of the market needed for a better understanding of the market. alcoholic ingredients market.

Additionally, the meticulous study of Alcoholic Ingredients market provides regional level breakdown, leading growth rate territory, geographical breakdown, countries with highest market share, market size, status, latest technologies, business strategies, challenges, regulatory policies, major company profiles and player strategies.

The alcoholic ingredients market is expected to grow from 1.98 billion in 2021 to 3.69 billion by 2028, at a CAGR of 0.081% from 2022 to 2028.

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Speaking of growth rate of global Alcoholic Ingredients market, regional development helps depict the overall market economy and positions in specific regions through key company profiles. In addition to this, regional segmentation also offers a holistic overview of market development, market reach in specific regions, consumer preferences, supply and demand chain, and other factors. Certain regions such as Asia-Pacific, North America, South America, Europe, Middle East and Africa dominate the market due to reliable growth factors.

The competitive landscape provides details such as the market economy, new product launches, manufacturing processes, and unique business strategies that are expected to propel the growth of the market. Some of the dominant players in the alcoholic ingredients market include Döhler Kerry, Inc., Biospringer, Treatt Plc, Chr. Hansen A/S AngelYeast Co., Ltd., The Color House; DDW, The Archer Daniels Midland Company, Sensient Technologies, Ashland Global Specialty Chemicals, Inc..

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3 employees cited for selling alcohol to minors: Greenwich police https://nsms10.com/3-employees-cited-for-selling-alcohol-to-minors-greenwich-police/ Tue, 27 Sep 2022 14:38:47 +0000 https://nsms10.com/3-employees-cited-for-selling-alcohol-to-minors-greenwich-police/ GREENWICH, CT – Three employees of different businesses in Greenwich received subpoenas last week for selling alcohol to minors without identifying their age, the Greenwich Police Department said. The GPD carried out compliance checks with the sale of alcohol at various businesses in the city and used a confidential informant to make the purchases. Police […]]]>

GREENWICH, CT – Three employees of different businesses in Greenwich received subpoenas last week for selling alcohol to minors without identifying their age, the Greenwich Police Department said.

The GPD carried out compliance checks with the sale of alcohol at various businesses in the city and used a confidential informant to make the purchases.

Police said summonses had been issued to three employees at the following locations. Police did not disclose the companies.

Find out what’s happening in Greenwichwith free real-time Patch updates.

  • 272 Mason St. (According to a Google search, the business associated with this address is Bruce Park Liquors)
  • 105 Mill Street (East Port Wine & Liquor)
  • 230 E. Putnam Ave. (Randy’s Wines)

All three employees are due in court in Stamford on October 5.


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“It’s going to decimate the craft beverage industry,” says local liquor store owner; Soon, Colorado voters will decide if they can buy Chardonnay with their gas and groceries https://nsms10.com/its-going-to-decimate-the-craft-beverage-industry-says-local-liquor-store-owner-soon-colorado-voters-will-decide-if-they-can-buy-chardonnay-with-their-gas-and-groceries/ Sat, 24 Sep 2022 23:44:23 +0000 https://nsms10.com/its-going-to-decimate-the-craft-beverage-industry-says-local-liquor-store-owner-soon-colorado-voters-will-decide-if-they-can-buy-chardonnay-with-their-gas-and-groceries/ A trio of ballot measures scheduled for this November could increase the accessibility of alcohol to Colorado shoppers. If passed by voters, Ballot Initiatives 121, 122 and 96 would respectively allow beer-licensed grocery stores and gas stations to sell wine beginning March 1, allow third-party distributors to deliver door-to-door liquor and allow liquor retail chains […]]]>

A trio of ballot measures scheduled for this November could increase the accessibility of alcohol to Colorado shoppers.

If passed by voters, Ballot Initiatives 121, 122 and 96 would respectively allow beer-licensed grocery stores and gas stations to sell wine beginning March 1, allow third-party distributors to deliver door-to-door liquor and allow liquor retail chains to open more than one location, gradually increasing until an unlimited number of liquor licenses are allowed per retailer in 2037.

Initiative 96 aims to “create a fairer level playing field” among liquor vendors, according to its language, but a local Summit County liquor store owner thinks otherwise.



Locals Liquors owner and Silverthorne Councilman Chris Carran said small liquor stores like his would only be affected by the ballot measures, along with craft breweries and those who cannot afford to go hand in hand – or dollar for dollar – with the big guys. When asked why the ballot measures were introduced, she said so for one simple reason.

“Money. It’s completely a drain on corporate money,” Carran said. DoorDash, InstaCart, Target, Albertsons Safeway and Kroger have poured millions into campaigns to sell wine in grocery stores. Coloradans for Consumer Choice and Retail Fairness has also raised millions to campaign for increased entity liquor licensing, thanks to financial support from Maryland Rep. David Trone and his brother, who both own Total Wine & More, a liquor retail.



If grocery stores like City Market are allowed to sell wine, companies with more buying power can exclude local liquor stores, Carran said. As part of the compromise that allowed grocery stores to sell pure beer, future beer retailers would have to purchase all liquor licenses within a certain distance of their store. This was done to give existing retailers a say in whether grocers could sell beer. If a current liquor licensee did not want to sell their license, there would effectively be no license for the grocery store next door.

The proposed ballot measure would eliminate that guarantee, Carran said.

“All of a sudden Target is getting wine,” she said. Neither local municipalities nor liquor stores would have a say, as old licenses would simply be updated and become eligible to sell wine, she said.

“It’s going to decimate the craft beverage industry,” Carran said. Grocery stores often have less shelf space than a dedicated liquor store, she said. With less shelf space and higher demand, big distributors like Annhauser-Busche can negotiate with “the Krogers of the world” domestically to gain more shelf space – a struggle that most beers crafts cannot enter, Carran said. These smaller companies may have to settle for selling a smaller range of beers, or none at all.

If independent liquor stores start shutting down, the little guys won’t have room for distribution, she said.

Residents and visitors expressed mixed opinions on the measure. Most respondents said they would appreciate the convenience, but a few said they would worry about the survival of local liquor stores.

“If you’re grocery shopping and planning to cook dinner, you’ll make a separate trip to pick up a bottle of wine,” said Silverthorne resident Eric Cauzone. Allowing grocery stores to sell wine would make shopping more convenient, he said.

“Everyone thinks it’s going to be convenient,” Carran said. “But that’s the only thing it will be – convenient for a small group of people.”

The Ballot 96 initiative would open the door to more liquor retail chains in Summit County. Carran said the move would also favor larger retail chains with more capital, further stifling local sellers.

“It would be next to impossible for me to open a second store,” Carran said.

A fourth ballot initiative could have prevented some of the problems presented by Carran, but Carran said the initiative was halted due to unchallenged lobbying by interest groups.

The initiative would have required local approval before updated licenses with wine authorization could be issued, but the liquor stores pushing it lacked the capital to push it through, Carran claimed.

The ability of third-party distributors to deliver alcohol also poses a threat to Carran. She said it could open the door to more underage drinking and undermine her rigorous standards and those of other stores.

Delivery services would have to be licensed by the state, according to the ballot measure, and disciplinary action for violations would remain the same as for liquor licenses.

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The NTSB wants your car to check your alcohol consumption | Company https://nsms10.com/the-ntsb-wants-your-car-to-check-your-alcohol-consumption-company/ Fri, 23 Sep 2022 05:09:31 +0000 https://nsms10.com/the-ntsb-wants-your-car-to-check-your-alcohol-consumption-company/ The National Transportation Safety Board, NTSB, recommends that all new vehicles in the United States be equipped with alcohol testing systems that can prevent an intoxicated person from driving. The recommendation, if adopted by the US National Highway Traffic Safety Administration, NHTSA, could reduce the number of alcohol-related crashes, one of the leading causes of […]]]>

The National Transportation Safety Board, NTSB, recommends that all new vehicles in the United States be equipped with alcohol testing systems that can prevent an intoxicated person from driving.

The recommendation, if adopted by the US National Highway Traffic Safety Administration, NHTSA, could reduce the number of alcohol-related crashes, one of the leading causes of road deaths in the United States.

The new push to make roads safer was included in a report on Tuesday about a horrific accident last year in which a drunk driver collided head-on with another vehicle near Fresno, California, killing both adult drivers and seven children.

The NHTSA said this week that road deaths in the United States were at crisis levels. Nearly 43,000 people were killed last year, the most in 16 years, as Americans returned to the roads after pandemic stay-at-home orders.

Early estimates show deaths rose again in the first half of this year, but fell from April to June, which authorities hope is a trend.

The NTSB, which has no regulatory authority and can only ask other agencies to act, said the recommendation is designed to pressure NHTSA to move. It could be effective as early as three years.

“We need NHTSA to take action. We see the numbers,” NTSB Chair Jennifer Homendy said. “We have to make sure we are doing everything we can to save lives.”

The NTSB, she said, has been pushing NHTSA to explore alcohol monitoring technology since 2012. “The faster the technology is implemented, the more lives will be saved,” she said.

The recommendation also calls for systems to monitor a driver’s behavior, ensuring they are alert. She said many cars now have cameras pointed at the driver, which has the potential to limit impaired driving.

But Homendy says she also understands that perfecting blood alcohol testing will take time. “We also know that it will take time for NHTSA to assess what technologies are available and how to develop a standard.”

A message was left Tuesday seeking comment from NHTSA.

The agency and a group of 16 automakers have jointly funded alcohol monitoring research since 2008, forming a group called the Driver Alcohol Detection System for Safety.

The group has hired a Swedish company to research technology that would automatically test a driver’s breath for alcohol and stop a vehicle from moving if the driver is intoxicated, said Jake McCook, gatekeeper. group speech. The driver wouldn’t have to blow into a tube and a sensor would check the driver’s breathing, McCook said.

Another company is working on lightweight technology that could test a person’s finger for blood alcohol, he said. Breathing technology could be ready by the end of 2024, while touch technology would arrive around a year later.

It could take one or two more model years after automakers get the technology to be in new vehicles, McCook said.

Once the technology is ready, it will take years for it to be in most of the roughly 280 million vehicles on US roads.

Under last year’s bipartisan Infrastructure Act, Congress required NHTSA to require automakers to install alcohol monitoring systems within three years. The agency may request an extension. In the past, it has been slow to enact such requirements.

The legislation does not specify the technology, only that it must “passively monitor” a driver to determine if they are intoxicated.

In 2020, the most recent figures available, 11,654 people died in alcohol-related crashes, according to NHTSA data. That’s about 30% of all road deaths in the United States and a 14% increase from numbers in 2019, the last full year before the coronavirus pandemic, the NTSB said.

In the fatal accident included in the report, a 28-year-old SUV driver was returning home from a 2021 New Year’s Eve party, where he had been drinking. The SUV exited the right side of State Route 33, crossed the center line, and collided head-on with a Ford F-150 pickup truck near Avenal, California.

The pickup was carrying Gabriela Pulido, 34, and seven children, ages 6 to 15, home from a trip to Pismo Beach. The truck quickly caught fire and bystanders were unable to save the passengers, the NTSB said.

The SUV driver’s blood alcohol level was 0.21%, nearly three times California’s legal limit. He also had marijuana in his system, but the agency said the alcohol was more than enough to severely impair his driving. The SUV was going 88 to 98 miles per hour (142 to 158 kilometers per hour), according to the report.

The crash happened less than a second after the Journey got back on the road, giving Pulido no time to avoid the collision, the NTSB said.

Juan Pulido, 37, whose wife and four children were killed in the crash, said he was glad the NTSB was pushing for alcohol monitoring because it could prevent another person from losing loved ones . “It’s something their families have to live with,” he said. “It’s not leaving tomorrow.”

Pulido’s lawyer, Paul Kiesel, said driver monitoring systems could also prevent crashes caused by medical conditions or drowsiness, saving angst and billions of dollars in traffic costs. hospital treatment.

– PA

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Wine James Harden is the last NBA player with a partnership https://nsms10.com/wine-james-harden-is-the-last-nba-player-with-a-partnership/ Tue, 20 Sep 2022 14:17:04 +0000 https://nsms10.com/wine-james-harden-is-the-last-nba-player-with-a-partnership/ Dwyane Wade has Wade Cellars, Carmelo Anthony has a Châteauneuf-du-Pape, and now James Harden has a California Cabernet Sauvignon. The Sixers star is the latest in the NBA to get into the wine business, launching a label marketed as “an affordable way to drink like a baller.” As a misfit Sixers fan, I was immediately […]]]>

Dwyane Wade has Wade Cellars, Carmelo Anthony has a Châteauneuf-du-Pape, and now James Harden has a California Cabernet Sauvignon. The Sixers star is the latest in the NBA to get into the wine business, launching a label marketed as “an affordable way to drink like a baller.

As a misfit Sixers fan, I was immediately swayed. I bought a case of cab-sauv for special occasions and at the perfect time too – the bottles, which are only available online, have sold out at the moment.

The 2021 vintage sells for less than $20 a bottle before shipping — that’s four citywide promotions at Bob and Barbara per Harden bottle, but still manageable. The wine price isn’t meant to be exclusive, according to an editor’s note shared on Vivino, the online marketplace featuring Harden’s collaboration with Jam Shed.

My relatives tried to make me temper my expectations for the wine like they do with the Sixers. The wine could be bad, they said! But there’s no reasoning with the Sixers’ optimists. It’s team season and Harden’s wine will be flowing from every Broad Street cup when we stage the long-awaited Victory Parade.

Besides, hoopers know wine. The relationship between the NBA stars and vino has been covered by ESPN and wine spectator from a 2015 photo of LeBron James, Wade, Chris Paul and Camelo Anthony drink wine on vacation gone viral. The picture sprinkled a dash of freshness on the wine industry and piqued the interest of different demographics.

“The wine business has been absolutely very exclusive both on the production side and I would say also on the consumption side in terms of recipients,” said Dave Rudman, executive director of the nonprofit. Wine & Spirit Education Trust Americas.

Rudman said the past industry efforts to market to larger, more diverse audiences were not good. Just by drinking and enjoy wine so publicly, NBA stars have changed the perception of who wine is, Rudman said. Granted, the average fan probably can’t have hundreds of bottles of their favorite wine stored like former Sixer Jimmy Butler.

Still, Wade partnered with a famous Napa Valley winery in 2014 and was candid about efforts to “changing the common misconception that wine is pretentious.”

Harden stated similar goals.

“I have always viewed the wine industry as a closed-door environment…my goal is to produce a high-quality product that can be enjoyed by the masses at a reasonable price,” Harden said in a statement.

I put his commitment to the test.

For starters, Harden Cabernet Sauvignon comes with some fun labeling, which comes as no surprise to a man known for his fashion sense. A silhouette of his face and his signature beard are unmistakable and filled with a fun red and blue floral pattern. Overall the bottle looks fun.

As for the wine itself, it wasn’t the worst – I bullied several Inquirer reporters into trying it with me – and it was generally well received at the dinner parties I crushed with a bottle. It’s as smooth as it claims, unsurprisingly, and in that sense Harden has managed to make an approachable wine.

At 13.5% alcohol by volume, the wine does not feel thick or heavy when swirled in the mouth.

I got ripe black cherries and light oak with medium tannins and a sweet, short finish. You can certainly drink it on Broad Street with or without a hoagie.

But is it worth it?

There are similar drinking wines at cheaper prices if you choose to lose the fun tag, but I personally enjoyed going to parties and explaining my beard wine. I would definitely buy another bottle if it was available at my local fine wine and liquor store.

And that’s a possibility, according to the Pennsylvania Liquor Control Board.

“We are always on the lookout for exciting new products that we believe our customers will enjoy,” said PLCB spokesperson Shawn Kelly.

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A friendlier taxman still elusive – Business Daily https://nsms10.com/a-friendlier-taxman-still-elusive-business-daily/ Sun, 18 Sep 2022 21:00:45 +0000 https://nsms10.com/a-friendlier-taxman-still-elusive-business-daily/ Economy A friendlier taxman still elusive Monday, September 19, 2022 Githii Mburu, Commissioner General of the Kenya Revenue Authority (KRA). PICTURES | JEFF ANGOTE | NMG The Kenya Revenue Authority’s (KRA) attempt to be friendlier to taxpayers has been an elusive goal despite a decade of tax-softening efforts. The KRA has been cited for intimidating […]]]>

Economy

A friendlier taxman still elusive


Githii Mburu, Commissioner General of the Kenya Revenue Authority (KRA). PICTURES | JEFF ANGOTE | NMG

The Kenya Revenue Authority’s (KRA) attempt to be friendlier to taxpayers has been an elusive goal despite a decade of tax-softening efforts.

The KRA has been cited for intimidating and harassing individuals and businesses in the race to catch up on tax targets, choosing to treat all taxpayers as fraudsters until proven guilty.

Opting for the friendlier route may mean that the KRA has been humiliated by the courts over unsuccessful prosecutions or that it is shaping its processes to comply with President William Ruto’s directive to stop using force.

“Our appeal to all Kenyans is that they pay taxes as we work out ways to engage them in a more friendly way with lots of dialogue,” KRA Commissioner General James Githii Mburu said last week. following renewed efforts asking him to remove the military tax. collection position.

KRA has made several attempts to be more user-friendly, including a rebranding and logo change, but it has struggled to get its employees to drop the aggressive stance and transform to become more approachable in its lawsuit against tax evaders.

But as it begins another effort to be friendlier, one area it will be forced to examine is its policy of coercing taxpayers with limited tax-filing expertise through punitive sanctions, in an exercise where the taxpayer simply reminds the taxman how much he collected from them.

Liquor makers have faced the harsher side of the KRA as it strives to rid the industry of tax evaders, to create a level playing field. He has made significant progress in pushing manufacturers to equip their premises with surveillance gadgets, including a mass flow meter, radar to monitor what goes into their tanks and CCTV cameras.

The tax authorities have been at odds with brewers such as Keroche and Mount Kenya Breweries over tax compliance, with some of the legal battles resulting in workers being fired.

In March, Keroche Breweries chief executive Tabitha Karanja called on President Uhuru Kenyatta to intervene in their dispute with KRA over a 9.1 billion shillings tax dispute. In the middle of this year, the struggling brewer sent 370 workers home on indefinite unpaid leave following the protracted tax dispute.

In yet another case, tycoon Humphrey Kariuki was granted a reprieve in May after the High Court overturned a 17 billion shillings tax evasion case, finding his prosecution and those of his colleagues illegal.

Judge Anthony Mrima ruled that the KRA could not be the investigator and prosecutor, which he said was an encroachment on the powers of the Director of Public Prosecutions (DPP). The KRA has since filed a notice of quashing a decision quashing the charges against the billionaire.

In November 2021, Justice Weldon Korir warned that if the trend of closing businesses supposed to pay the tax continues, the KRA would soon go bankrupt and fail to meet its revenue collection targets.

Among the efforts for a friendlier image was the proposed name change to Kenya Revenue Service (KRS), with the agreement that calling it “authority” makes it antagonistic.

Treasury CS Ukur Yatani tabled the rebranding proposal during the 2022/2023 budget reading, saying it will transform the public image of the agency and subsequently improve tax compliance.

In January 2021, the KRA launched a three-year program dubbed the Voluntary Tax Disclosure Program (VTDP), in the hope that the amnesty would boost revenue collection and bring more individuals and businesses into the tax bracket. taxation in the war against tax evasion.

For the first time in 14 years, the KRA exceeded its revenue collection target in the financial year ending June, boosted by an increase in corporate, payroll and value added tax collections.

[email protected]

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Beaver Stadium Alcohol Sales Weigh-Ins | News, Sports, Jobs https://nsms10.com/beaver-stadium-alcohol-sales-weigh-ins-news-sports-jobs/ Sat, 17 Sep 2022 04:07:30 +0000 https://nsms10.com/beaver-stadium-alcohol-sales-weigh-ins-news-sports-jobs/ UNIVERSITY PARK — Penn State’s board of directors will consider a proposal Friday to sell alcohol on the concourse level of Beaver Stadium. The board’s legal and compliance committee voted 6-1 to approve the proposal this week. Not all council members are in favor of the plan. Trustee Valerie Detwiler, senior vice president […]]]>

UNIVERSITY PARK — Penn State’s board of directors will consider a proposal Friday to sell alcohol on the concourse level of Beaver Stadium.

The board’s legal and compliance committee voted 6-1 to approve the proposal this week.

Not all council members are in favor of the plan.

Trustee Valerie Detwiler, senior vice president of Reliance Bank’s Martinsburg office, is not a member of the legal and compliance committee.

She told statecollege.com that she thinks the board should have been involved in the discussion earlier for what would be “a major change in the way we do business.”

She also said she was worried about how it would change the game day experience.

“Coming to Beaver Stadium with families is part of how we build the Penn Staters,” said Detwiler. “Everyone has the option to drink alcohol outside the stadium if they want it to be part of their day. I just don’t understand why we need it to be part of our day inside. I think we really have to decide… if that’s what we want our Beaver Stadium experience to be.

Although athletic department officials have not set a confirmed date for the start of those sales, athletic director Patrick Kraft was quoted on statecollege.com as saying that “we would like to run it dry” at the Northwestern game on October 1.

Penn State Athletics has been looking for ways to provide additional gear for fans. A 2021 Beaver Stadium review suggested there was an ever-increasing need to improve the fan experience and amenities, one of which was the addition of alcohol sales in the stadium .

Revenue generated from alcohol sales will be used for deferred stadium maintenance projects, a statement from the university said.

Intercollegiate Athletics has offered alcohol for purchase in the club and suite areas of Beaver Stadium and Pegula Ice Arena since 2016, while the Bryce Jordan Center has sold alcohol at select external events since 2015. which turned out to be safe and successful, according to the Liberation.

The ICA has partnered with OVG Hospitality Group to explore an alcoholic beverage plan at football games. It includes certified and trained vendors, identity monitoring, and vendor locations independent of concession stands.

All patrons 21 and over who purchase alcohol will be required to present proper identification to obtain a wristband.

A maximum of two drinks per person can be purchased at any time, according to the release.

If approved, Penn State would join eight other current Big Ten schools selling beer and/or wine in public areas at its home football games and about half of the schools in the Power Five conferences selling beer and/or wine at their home football games this fall.



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1 surprising statistic that could help revive this struggling sector https://nsms10.com/1-surprising-statistic-that-could-help-revive-this-struggling-sector/ Thu, 15 Sep 2022 14:30:00 +0000 https://nsms10.com/1-surprising-statistic-that-could-help-revive-this-struggling-sector/ If you’re investing for the long term, it can be beneficial to take positions in certain high-growth industries before they take off. One opportunity that investors are probably overlooking right now is cannabis. The big downside is that while cannabis products are legal in dozens of states, cannabis remains banned at the federal level. It […]]]>

If you’re investing for the long term, it can be beneficial to take positions in certain high-growth industries before they take off. One opportunity that investors are probably overlooking right now is cannabis. The big downside is that while cannabis products are legal in dozens of states, cannabis remains banned at the federal level.

It is unclear how long investors will have to wait until these changes and legalization take place. But there is one impressive and startling statistic that should grab the attention of lawmakers and investors alike, and it suggests that change may be coming sooner rather than later.

More common than smoking tobacco

Last month’s Gallup polling data confirmed what many people around the country already know: marijuana is growing in popularity. According to a poll, 16% of Americans admitted to smoking marijuana in the past week. In comparison, only 11% of people reported having smoked tobacco cigarettes during the same period. This is the first time Gallup data has shown that marijuana is more widely used than tobacco.

This is an important step because Gallup is a leading analytics company and its polls are known around the world and are often used to gauge trends. The data could prompt companies to lean more towards the cannabis industry, and perhaps away from tobacco.

Companies have already started to pivot

People who smoke tobacco or marijuana often seek similar relaxing experiences. Tobacco, however, has been linked to cancer and all sorts of health problems. Companies like Altria (MO -0.06%)which manufactures Marlboro cigarettes, focuses on harm reduction products to better meet customer needs.

Cannabis can also be a potential solution. In 2018, Altria invested $1.8 billion in a cannabis producer Chronos Groupi.e. a 45% stake in the company. British American Tobacco has also invested in the industry, announcing earlier this year that it now owns 19.5% of the cannabis producer Organizational chart.

And it’s not just tobacco companies that are paying more attention to cannabis. It has now been four years since the beer manufacturer Constellation Brands invested $4 billion in the giant pot canopy growth. Cannabis drinks have the potential to be an attractive alternative for the alcohol industry because they contain fewer calories and do not cause terrible hangovers.

The opportunities will only grow

According to analysts at Facts and Factors, the global legal marijuana market will be worth $97 billion by 2026, growing at a compound annual rate of 28% during that time. More and more countries are considering legalizing marijuana, with Germany potentially being among the most notable, which will open more doors for the industry.

While the Horizons Marijuana Life Sciences ETFs is down 58% over the past year and has performed much worse than S&P500 over this period (it has only decreased by 8%), this trend could change dramatically in the coming years if legalization continues to progress in the United States and around the world. Knowing that there is a growing number of users who are likely to go potty could encourage more companies to invest in the industry.

And the more attention is focused on cannabis, the more likely it is that presidential candidates will include legalization in their plans or as part of their campaign promises. While it may be disconcerting to invest in plummeting pot stocks right now, it could pay off a lot in the long run.

David Jagelsky has no position in the stocks mentioned. The Motley Fool fills positions and recommends Constellation Brands and OrganiGram Holdings. The Motley Fool recommends British American Tobacco and recommends the following options: British American Tobacco January 2024 $40 long calls and British American Tobacco January 2024 $40 short puts. The Motley Fool has a disclosure policy.

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Flomaton TV Star Moonshiner arrested by state authorities for alcohol : NorthEscambia.com https://nsms10.com/flomaton-tv-star-moonshiner-arrested-by-state-authorities-for-alcohol-northescambia-com/ Tue, 13 Sep 2022 05:54:32 +0000 https://nsms10.com/flomaton-tv-star-moonshiner-arrested-by-state-authorities-for-alcohol-northescambia-com/ A Flomaton TV star moonshiner was arrested Monday night by state authorities for alcohol. Johnny Wayne Griffis, 48, has been charged with felony distilling or manufacturing prohibited liquor and beverages, and a class C misdemeanor of selling, offering to sell, possessing or bartering liquor and beverages prohibited. He was incarcerated at the Escambia County Detention […]]]>

A Flomaton TV star moonshiner was arrested Monday night by state authorities for alcohol.

Johnny Wayne Griffis, 48, has been charged with felony distilling or manufacturing prohibited liquor and beverages, and a class C misdemeanor of selling, offering to sell, possessing or bartering liquor and beverages prohibited.

He was incarcerated at the Escambia County Detention Center (AL) where he remained early Tuesday morning without bond.

Johnny Griffis competed on Discovery Channel’s Moonshiners: Master Distiller in 2020. In the end, his “old fashioned corn liquor” took second place.

His new television series “Alabama Shine” premiered in August on The Country Network (TCN). He introduced Griffis to Flomaton and a moonshiner in Carbon Hill, Alabama. In the TV series, Griffis discusses the escape from law enforcement during the moonshine distillation process.

State officials did not release further information about Griffis’ arrest Monday night. If convicted, Griffis could face one to five years in prison, according to Alabama law.

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Homemakers Furniture in Urbandale launches in-store liquor purchases https://nsms10.com/homemakers-furniture-in-urbandale-launches-in-store-liquor-purchases/ Sun, 11 Sep 2022 12:02:25 +0000 https://nsms10.com/homemakers-furniture-in-urbandale-launches-in-store-liquor-purchases/ Now, when shopping for a sofa or a new dining set, you can sip a cold beer or a glass of wine. Furniture store based in Urbandale Home furniture hopes to see another major retail success with its recent launch of in-store liquor purchases at its 215,000 square foot showroom. The popular stop for local […]]]>

Now, when shopping for a sofa or a new dining set, you can sip a cold beer or a glass of wine. Furniture store based in Urbandale Home furniture hopes to see another major retail success with its recent launch of in-store liquor purchases at its 215,000 square foot showroom.

The popular stop for local interior design enthusiasts launched its in-store liquor last month at the store’s HOMEgrounds cafe which serves snacks like cookies and Starbucks coffee drinks.

The store’s cafe now offers a selection of beers, wines and sodas for $5 a drink for customers to “sip while they shop.”

Assistant Vice President Jason Merschman said the recent move is part of the company’s plans to improve its subway shopping experience.

“At Homemakers, we are reinventing the furniture shopping experience. In 2019, we rolled out our commission-free sales policy to help remove some of the stigma surrounding the high-pressure shopping experience often encountered with a commission sales team,” Merschman said in a press release.

What alcohol can customers order from Homemakers?

The Homemakers Furniture menu now includes beer and wine.

Canned and bottled beer options from local craft breweries and long-time industry giants are available in the store’s cafe. Customers can order 16-ounce bottles of Bud Light and Michelob Ultra alongside cans of Busch Light.

Craft beers include an IPA from Iowa City-based Big Grove Brewery & Taproom, which just opened a space near downtown Des Moines and Ruthie lager from Exile Brewing Co.

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