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At the start of 2020, WEBB Banks was on a path to achieving its best year yet, Consuegra told the Caribbean Business Report.
Manufacturing
However, despite the devastating impact of the novel coronavirus pandemic on tourism-dependent countries — WEBB Bank’s main market — the liquor distributor was able to end the year with sales only down 10 per cent when compared with 2019 due to alcohol demand in the US and its territories.
Abbion Robinson
Phillip Jarrell, Jose Castellvi, and Andy Consuegra at WEBB Banks’ new office in Miami. (Photo: Travel Market Insider)
Premium wine and spirits distributor WEBB Banks has ambitious plans to widen its footprint in the Caribbean by tapping into the cannabidiol (CBD) and wellness market.
“The general reception has been good, moving quite well but still early days. It takes a while, however, to make sure that we’re in compliance and that all the documentations and regulations are all aligned and done properly,” Consuegra said, noting that the company is supplying retailers through its distributors.
Miami liquor distributor enters C’bean CBD, wellness market
The partnership with WB Canna Co & Wellness marks the first time that BioSteel products will be available in the region.
Phillip Jarrell, Jose Castellvi, and Andy Consuegra at WEBB Banks’ new office in Miami. (Photo: Travel Market Insider)