Texas governor vetoes bill that would ban all THC products

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Texas governor vetoes bill that would ban all THC products

Texas Gov. Greg Abbott vetoed a bill Sunday to ban all THC consumables, allowing the booming market flush with THC-infused vapes, gummies and other products to continue to be sold across the state.

Abbott, a Republican, waited until the final moment to veto the bill in what would have been one of the most restrictive THC bans in the country and a significant blow to the state’s billion-dollar industry.

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Constellation Brands Misses Top and Bottom Line FQ1 Expectations as Wine and Spirit Sales Tumble

Lead by a significant decline in sales of wine and spirits, Constellation Brands missed top and bottom line estimates for the first quarter but maintained its current FY26 EPS guidance, mitigating losses in after-hours trading.

Faced with softer consumer demand, the parent company of Corona and Robert Mondavi Winery earned a profit of $3.22 per share, down from $3.57 a year ago and 7 cents less than expected.

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The soaring popularity of this high-alcohol wine doesn’t make any sense

The market reports are unequivocal: As Americans are drinking less, nonalcoholic and low-alcohol wines are skyrocketing in popularity. In fact, according to a leading analyst, these products were responsible for the only growth that the wine industry saw last year.

And so no one would have expected that the industry’s biggest phenomenon in 2025 would be an explicitly high-alcohol wine. But that’s exactly what XXL, a brand of fortified, flavored, 16% Moscato, has become.

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Minnesota’s THC Sales Tax going up July 1st. Here’s a ‘How To’ on updating yours in CR.

Sales Tax ‘How To’

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