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 […]
Canned 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 […]
TTB 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 […]
Silicon 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 […]
Bay 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 […]
WII 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 […]
The Triumph code. There actually is an offering statement, but it is deliberately hidden and inaccessible
January 15, 2018
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 […]
Triumph National Sales wines among many processed at three custom crush facilities
Labels for all wines sold must have a Certificate of Label Approval (COLA) from the U.S. Alcohol and Tobacco Tax and Trade Bureau (TTB) These three label approvals for Triumph Cellars wines tell the Bonded Winery Number (BWN) where the grapes were crushed and fermented. TTB COLA – 2017 Approval Chardonnay BWN-CA-21424 TOP IT OFF […]
14 Reasons the new NIH/industry-funded moderate alcohol & health study is on track to be a $100 Million CREDIBILITYflop
November 29, 2017
Click here for an editorial on the issues raised by this article: Alcohol science versus public credibility – Why MACH15 must correct its protocol in order to be worthwhile This full premium article has been updated with comments from Dr. Kenneth Mukamal, the Principal Investigator of the study. By Lewis Perdue, Publisher and Executive Editor […]
Bankruptcy Court to Consider Formal Motion For Sullivan Vineyards Sale on Dec. 11
November 13, 2017
A formal hearing on a proposal to sell Sullivan Vineyards will be held at 10:30 a.m. Dec. 11 in the Santa Rosa courtroom U.S. Bankruptcy Court for the Northern District of California. The hearing follows an oral discussion during a hearing on Oct. 30, (previously reported by Wine Industry Insight) at which the Bankruptcy Trustee […]