Constellation Brands' $4 billion investment in Canada's biggest marijuana producer remains a long way from paying off. Canopy Growth Corp has made a fourth-quarter loss that was far bigger than analysts had predicted, blaming stiff competition and knocking a further 15% from company's shares, further denting the value of Constellation's investment.
Bad weather conditions in the EU hampered wine production in 2021 but the southern hemisphere recorded record highs in production: balancing out wine production figures at a global level.
A Canadian company has asked the state Energy Facility Site Evaluation Council to overrule a Central Washington county and allow a 470-megawatt solar-power plant on farmland.
Members share best practices that lessen climate change impacts in vineyard and winery operations so that the global wine industry can act collectively to decarbonize, applying direct solutions that avoid purchasing carbon offset credits.
The man who built Black Hills Estate Winery and elevated one of B.C.'s first ultra-premium wines has shifted into a retirement that will include some consulting work.
The national grapevine germplasm repository project, led by Sudarsana Poojari, Senior Staff Scientist at Brock University's Cool Climate Oenology and Viticulture Institute (CCOVI), is funded by the Ontario Grape and Wine Research Inc. (OGWRI), Canadian Grapevine Certification Network (CGCN-RCCV) and Brock University.
Talk about a fun guy -- Dawson Creek-born Jinx Pollard-Flamand has discovered two species of fungi in his Master's thesis, which are proving to be highly effective against grapevine trunk disease, a major threat to orchards and wine producers across the province.
"Well, it was a chain reaction of events that led us to open a winery on the Naramata Bench," said Joel Chamaschuk, who owns and operates Chain Reaction with his wife, Linda.
is laying off 250 people, about a 10th of its staff, in a cost-cutting plan to save the company $100-million to $150-million within 12 to 18 months in order to reach profitability.
The sale includes a 11-acre site in the Okanagan's Golden Mile sub-appellation in Oliver that includes the winery, a log-cabin tasting room, an older house and about nine acres of planted vineyards.
"We are just looking to growing the brand and being a proud local VQA product hopefully expanding with the LCBO, other great Canadian provinces and crossing borders in the next year or so," says Meyers.
Prior to joining Diamond Estates, Andrew was President of Equity Wine Group which produced high-quality VQA wines, including the Creekside and Queenston Mile brands, through its facilities in the Niagara Region