Welcome to the Business of Drinks, where we go behind the bottle, interviewing beverage innovators and icons about how they built their businesses. We take a data-driven approach, analyzing the brands, products, and categories that get consumers excited. And we cover many drinks categories — from wine, beer, and spirits to non-alcohol drinks — as well as THC, adaptogen, and functional beverages. So whether you’re working in drinks — or just interested in the stories behind your favorite brands — join us each week as we explore how companies are unlocking growth at every stage in the game.
Wine may be under pressure — but some brands are still growing. The question is how.
In this episode of Business of Drinks, we sit down with Jeff Ngo, EVP, Chief Growth Officer at The Duckhorn Portfolio, to break down how Decoy has scaled into a multi-tier platform brand — and why it continues to gain share in a flat category.
The numbers tell the story. For the 52 weeks ending January 25, 2026 (Circana):
Decoy Core: ~1M cases, +4...
What does it actually take to win — and keep — placement inside one of the largest hospitality systems in the world?
In this episode, we sit down with Gary Gruver, Director of Global Beverage Strategy at Marriott International, who helps shape beverage programs across 30+ brands, 130+ countries, and a system approaching 10,000 hotels.
If you’ve ever thought, “If we could just get into Marriott,” this conversation might change your th...
What happens when you rebuild French wine from scratch — without appellations, without traditional grapes, and without the assumption that younger consumers care about either?
In this episode, we sit down with Antonin Bonnet, co-founder of Pierre & Antonin, a fast-growing French wine brand scaling a very specific idea: Natural wine at a true mass-premium price point.
The numbers and positioning are what make this story compelling...
What does it actually take to raise angel capital in today’s drinks market?
In this episode, we sit down with Katie Dunn, Principal at Masthead Strategies and an active angel investor across consumer brands, to unpack how early-stage investors are really evaluating beverage companies right now — and where founders are getting it wrong.
Today’s funding climate is no doubt challenging: Capital is tighter, the category is more crowded, ...
What happens when a small experimental wine project turns into one of the most recognizable brands in the grocery store?
In this episode of Business of Drinks, we sit down with John Anthony Truchard, Founder and CEO of John Anthony Wine & Spirits, the company behind Butter Wines.
What began as a 1,000-case experiment in 2009 has grown into a brand approaching 800,000 cases annually, with Butter itself scaling to more than $85 mil...
How do large hospitality groups decide which drinks brands make it onto their menus — and which ones don’t?
In this episode of Business of Drinks, we sit down with Miranda Breedlove, Beverage Director for The Lifestyle Group at Hyatt, to unpack how beverage decisions actually get made inside one of the world’s largest hospitality companies.
Miranda oversees beverage strategy across 70+ lifestyle properties and roughly 75 venues spann...
In an era of low-and-no headlines, one contrarian wine brand leaned into flavor high ABV. It scaled to 2.5 million cases in just three years.
In this episode of Business of Drinks, Erica sits down with Kaitlin Silva, Director of National Accounts at Tri-Vin Wines & Spirits, to unpack how XXL went from roughly 85,000 cases in its first year (2023) to 2.5 million cases in 2025, while much of wine was flat or declining.
The story is...
What does “smart money” actually mean in beverage — especially in one of the most capital-intensive categories in CPG?
In this sponsored episode, we sit down with Karen Xiang, Investment Lead at Btomorrow Ventures, the corporate venture arm backed by British American Tobacco. And we go deep into how corporate venture capital is evolving — and what it really means for founders building functional and full-size beverage brands today.
B...
What does it take to turn a 1,500-acre family orchard into the second-largest cider company in the U.S.?
In this episode of Business of Drinks, Caroline sits down with Andrew Blake, Founder and CEO of Blake’s Beverage Company, to unpack how a seasonal agricultural business evolved into a national beverage platform selling just over 2 million cases annually across 44 states.
Blake’s began with a barn renovation and a tasting room desi...
What does it actually take to build a non-alcoholic spirit that the bar world respects?
In this episode of Business of Drinks, Chris Abbott, co-founder of The Pathfinder, walks us through how the NA brand scaled to more than 20,000 nine-liter cases in 2025 — up over 80% year-over-year — by doing something many emerging brands skip: Earning credibility on-premise first.
From Day One, The Pathfinder wasn’t positioned around what it doe...
What looks like a novelty on the shelf can be a very real business when the fundamentals are right.
In this episode of Business of Drinks, we sit down with John King, co-founder and owner of The Original Pickle Shot, to unpack how a bartender-born ritual turned into a nationally scaled spirits brand.
The numbers tell the story. The Original Pickle Shot is now selling roughly 110K 9-liter cases annually, growing ~15% year over year, a...
What does growth actually look like inside today’s liquor stores — and where is it no longer coming from?
In this episode of Business of Drinks, Jon Halper, CEO and owner of Top Ten Liquors, offers a rare operator-level view into how consumer behavior is evolving across wine, spirits, beer, non-alcoholic, and THC-adjacent categories — and what those shifts mean for brands trying to win at retail.
Top Ten Liquors operates 15 stores ac...
Uncle Arnie’s is one of the most compelling growth stories in THC beverages right now — and this episode breaks down how it actually happened.
Since launching in 2020, the THC drinks brand has delivered roughly 100% growth each year, scaling from about $400K in Year 1 to more than $25M in revenue today. It’s now one of the largest THC beverage brands in California, with a rapidly expanding national footprint across both regulated ca...
Episode 100 is a milestone moment for Business of Drinks — and instead of looking backward, we’re doing what this show has always done best: Looking ahead.
In this special episode, Erica Duecy, Scott Rosenbaum, and Caroline Lamb break down the biggest drinks trends shaping 2026, using a meta-analysis of 16 leading industry trend reports. The goal isn’t hype, it’s pattern recognition. We’re pressure-testing what’s structural, what’s ...
Nihilo is a rare creative agency in beverage that treats branding as a business discipline, not a design exercise.
In this sponsored episode of Business of Drinks, co-founders Margaret Kerr-Jarrett and Emunah Winer join us to unpack their newly released 2026 New Rules Report and what it reveals about how the most effective drinks brands are actually being built right now.
The New Rules Report is the centerpiece of this conversation. ...
Wölffer Estate Vineyard is an example of a legacy winery that has managed to stay culturally relevant and financially healthy through one of the most challenging periods in wine.
The Hamptons-based, family-owned winery now produces roughly 250,000 cases annually and finished 2025 up single digits in both dollar sales and volume, outperforming much of the broader category. In this episode, CEO Max Rohn explains how Wölffer evolved fr...
Raising capital for a drinks brand has fundamentally changed — and Mike Solow is on the front lines of that shift.
In this episode of Business of Drinks, we sit down with Mike Solow, Co-Founder & Partner at 99 Proof Partners and Cask Strength, to unpack what founders actually need to know about fundraising right now — from equity vs. debt, to diligence, to investor expectations that most founders underestimate.
99 Proof is a bout...
This was a year of contradictions in drinks. Structural headwinds collided with real momentum — and the brands that grew weren’t following old rules. They were aligning with how people actually drink, shop, and spend today.
In this special year-end episode, Erica Duecy, Scott Rosenbaum, and Caroline Lamb break down the biggest forces reshaping the drinks industry — across alcohol, non-alc, functional, and THC — and what they signal ...
This holiday re-broadcast brings back one of our most downloaded episodes — and one of the clearest real-world playbooks for how a traditional winery can modernize its marketing without spending more money.
In this episode, Aly Wente, fifth-generation vintner and SVP of Marketing and Customer Experience at Wente Family Vineyards, breaks down how America’s oldest continuously operated family-owned winery (founded in 1883) successfull...
This episode of Business of Drinks is supported by MHW, Ltd., a company that has quietly shaped the beverage alcohol industry for more than 30 years — often behind the scenes of brands that went on to become category leaders or major acquisitions.
MHW is a nationally licensed importer, distributor, and service provider with licenses across all 50 U.S. states and the EU. In this conversation, CEO Ryan O’Hara, EVP Scott Saul, and Seni...
If you've ever wanted to know about champagne, satanism, the Stonewall Uprising, chaos theory, LSD, El Nino, true crime and Rosa Parks, then look no further. Josh and Chuck have you covered.
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UConn basketball star Azzi Fudd brings her championship swag to iHeart Women’s Sports with Fudd Around and Find Out, a weekly podcast that takes fans along for the ride as Azzi spends her final year of college trying to reclaim the National Championship and prepare to be a first round WNBA draft pick. Ever wonder what it’s like to be a world-class athlete in the public spotlight while still managing schoolwork, friendships and family time? It’s time to Fudd Around and Find Out!
The official podcast of comedian Joe Rogan.
Saskia Inwood woke up one morning, knowing her life would never be the same. The night before, she learned the unimaginable – that the husband she knew in the light of day was a different person after dark. This season unpacks Saskia’s discovery of her husband’s secret life and her fight to bring him to justice. Along the way, we expose a crime that is just coming to light. This is also a story about the myth of the “perfect victim:” who gets believed, who gets doubted, and why. We follow Saskia as she works to reclaim her body, her voice, and her life. If you would like to reach out to the Betrayal Team, email us at betrayalpod@gmail.com. Follow us on Instagram @betrayalpod and @glasspodcasts. Please join our Substack for additional exclusive content, curated book recommendations, and community discussions. Sign up FREE by clicking this link Beyond Betrayal Substack. Join our community dedicated to truth, resilience, and healing. Your voice matters! Be a part of our Betrayal journey on Substack.