The blanco tequlila, named after the Spanish for two cousins, is made from hand-harvested 100% Blue Agave.
The new set follows Wallen's No.1 debut set of 2018, 'If I Know Me.'
McGraw describes the track by Skip Ewing as one of his go-to Christmas songs.
The emotional song pays tribute to fallen idols, with nods to Kenny Rogers, Whitney Houston, Tom Petty, and many more.
The new edition marks the first anniversary of the original set, which included the trio's country airplay No.1 'What If I Never Get Over You.'
The special, hosted by Thomas Rhett and Lauren Akins, will air on November 30 on ABC.
The new song was written by Rhett, Ashley Gorley, Jesse Frasure, Parker Welling, and the artist's father and erstwhile country star Rhett Akins.
The awards will take place with all artists safely installed in one room, and will be broadcast in the US live from Nashville on November 11.
It includes three new bonus tracks and marks the first anniversary of the original album release.
The virtual event also featured Alicia Keys Coldplay, Thomas Rhett and more.
Rhett, Old Dominion and Luke Combs were all double winners at the awards, held in Nashville for the first time.
The artists will be taping their performances in Los Angeles and Nashville, adhering to social distancing guidelines.
The all-star track features Reba McEntire, Hillary Scott, Chris Tomlin and Keith Urban.
The new song follows 'After A Few,' which completed a record-breaking 65-weeks climb to No. 1 on Billboard's Country Airplay chart in June.
The track climbs 3-1, also becoming Pardi's fourth chart-topper.