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    Overview: Treasury Wine Estates reported $395 million in write-downs regarding its American wine business, marking the second impairment in nine months. Simultaneously, legislative efforts for hemp-derived beverages advanced while high-profile ownership changes and premium product releases defined the spirits landscape. The Full Story Treasury Wine Estates reduced the value of its American wine business…

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    Overview: Modesto-based packaging firm G3 Enterprises announced plans to lay off 66 workers at its wine closure plant this fall. The move reflects a statewide shakeout driven by declining demand, rising costs, and an oversupply of grapes affecting California’s wine sector. The Full Story By Iris Kwok Staff Writer Aug. 14, 2026. G3…

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    Overview: Beverage experts recommend high-quality rums priced under $30, noting that origin, distillation methods, aging, and flavorings are more significant indicators of quality than price…

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