First in new series on U.S. and global venture capital in wine This is the first in a series of articles looking at U.S. and global venture capital investments in wine-oriented technology, sales, transportation, and allied areas. The rational for this new feature can be found at: Wine industry missing out on investment due to […]
Continue readingCanned wine marketers left in lurch after Sonoma Cider/Beverage Works abruptly shuts down after fizzing through $6.2 Mil in venture capital.
March 29, 2018
After five years of fizzling through $6.2 million in venture funding, Sonoma Cider and its contract wine canning operation have abruptly been shut down by investors and have left numerous contract customers –large and small — scrambling to recover their wine, figure out how to keep it on track, and get it to market. The […]
Continue readingRailroads can be bad neighbors for vineyards say 5 pesticide incidents in Sonoma & Contra Costa Counties
March 13, 2018
Pesticide over-spray errors from railway right-of-way weed treatment pose a very real danger to vineyards, orchards and other crops according to five recent North Bay damage reports. The reports come from the Agricultural Commissioner and Superior Court in Contra Costa County, the Sonoma County Agricultural Commissioner and the California Department of Pesticide Regulation (DPR). Those […]
Continue readingWine grape outlaw Jeff Hill scores multi-million-dollar stock deal
February 21, 2018
DISCLOSURE: Lewis Perdue has worked for Dow-Jones and is a former business and financial columnist for MarketWatch, TheStreet.Com and the Wall Street Journal online. He does not own any wine, agricultural or chemical related stocks. Despite two felony convictions and a current federal indictment, Jeffry Hill has scored an agribusiness stock deal that could be […]
Continue readingTTB investigation source says Justice Dept. dropping ball on Jeff Hill Napa Valley grape fraud case
February 15, 2018
According to TTB personnel close to the case, federal prosecutors appear to have fumbled the wire & mail fraud case against Jeffry Hill. “Disgusting…disappointing,”a senior TTB official told Wine Industry Insight concerning the long delays in the case. Hill has been charged with perpetuating a wide-ranging Napa Valley grape and wine fraud case so extensive […]
Continue readingSilicon Valley Bank Predicts the US Wine Industry is at the Tail End of a 20-Year Growth Period
February 14, 2018
NEWS RELEASE. EMBARGOED UNTIL 4 P.M. PDT, FEBRUARY 4, 2017 This news and link to the full report sent exclusively to Wine Executive News premium subscribers at 4:01 p.m., Feb. 4, 2017 Retiring baby boomers and frugal millennials are driving a rotation of consumer preferences HELENA, Calif. – February 15, 2018 – Silicon Valley […]
Continue readingBay Area Wine Grape Growers sue BNSF Railway alleging Illegal, Negligent Herbicide Damage
January 26, 2018
Two farming companies owned by Fred and Nancy Cline of Cline Family Cellars have sued the BNSF Railway Company and three of its contractors alleging negligent and illegal use of powerful herbicides that damaged vineyards and orchards near the train tracks. The lawsuit was filed in Contra Costa Superior Court by Mulehead Growers, LLC and […]
Continue readingWII article prompts Triumph Wine Group to amend SEC filings & web site, but lacks vital state permit to legally make wine
January 17, 2018
Wine Industry Insight’s Jan. 15 article has prompted Triumph Wine Group to quickly amend its Securities and Exchange Commission (SEC) filings and FlashFunders web site. However, an offering statement in English still is not easy to find on that site, and many statements remain incomplete, unverified, or misleading. What’s more, TWG lacks a key state […]
Continue readingTriumph Wine Group Crowdfunded Financial Offering Marred by Serious Errors, Inadequate Disclosure, Misleading Language, Flawed Business Plan
January 15, 2018
NOTE: Lewis Perdue has decades of experience with public offerings as a journalist (The Street.Com, MarketWatch, Dow-Jones, Wall Street Journal.com) and from personal experience as the CEO of a financial payments start-up (PocketPass) which was acquired by a public company after implementing the first operational mobile payments company. Lew founded, operated and later sold Wines […]
Continue readingThe Triumph code. There actually is an offering statement, but it is deliberately hidden and inaccessible
The absence of an offering statement seemed like the most boneheaded mistake a company could possibly make. As a business founder and someone who has raised funds in a variety of ways including partnerships and as a CEO of a NASDAQ traded public company, transparency, disclosure and the offering statement are fundamental. The lack of […]
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