Colorado senators propose fee on alcohol companies to fund treatment

A bill set to be unveiled in the Colorado legislature would levy a new fee on businesses that produce alcoholic beverages, then direct tens of millions of dollars collected each year to addiction treatment and recovery programs. Sen. Kevin Priola, a Democrat from Henderson, said he plans to introduce legislation Wednesday to create a “state … Read more

Kuwait seizes over 13K bottles of liquor valued at Rs 27 crore

Photo: MoI_Kwt/X The Ministry of Interior (MoI) in Kuwait recently seized a staggering 13,422 bottles of liquor valued at one million Kuwaiti dinars (Rs 27,01,26,260). This marked the largest siezure of imported liquor in the country since the beginning of this year. The shipment was concealed within a furniture container from an Asian country. The … Read more

Spirits sales top beer and wine in 2023

Spirits on display at a bar in Cardiff, Wales, in the United Kingdom. Matthew Horwood | Getty Images News | Getty Images The spirits industry held its market share edge over beer and wine for the second straight year in 2023, even as it showed little growth, according to new data released Wednesday. U.S. spirits … Read more

Diddy and Diageo part ways in settlement of racism accusations

Musical artist and entrepreneur Sean “Diddy Combs,” along with Diageo Chief Marketing Officer Debra Kelly Ennis, left, and Executive Vice President Guy Smith, right, as Diddy announces his partnership with Diageo North America and Ciroc Premium Vodka at a press conference at Stone Rose at the Time Warner Center in New York City on Oct. … Read more

U.S., EU reach deal to suspend taxes

Jack Daniel’s Tennessee Whiskey. Getty Images U.S. whiskey distillers are breathing a sigh of relief as they will avoid a looming 50% tax on shipments to Europe. The European Union said Tuesday it would extend the suspension of tariffs on U.S. whiskey until March 31, 2025. The 50% levy, which came in the context of … Read more