Author Archives: Joel Whitaker

2 Indicted in $100 Million Wine Collateral Fraud Scheme

Posted on March 2, 2022 by Joel Whitaker

It was an “intoxicating investment opportunity,” attorneys in the U.S. Attorney’s Office in Brooklyn said. The defendants, who were indicted in U.S. District Court in Brooklyn, N.Y., told investors that the defendants’ company, Bordeaux Cellars, brokered loans between investors and … Continue reading →

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Breakthru Beverage to Acquire J.J. Taylor’s Minnesota Beer Business

Posted on March 2, 2022 by Joel Whitaker

Breakthru Beverage Group said it agreed to acquire J.J. Taylor Co.’s Minnesota beer business, which will be merged into Breakthru Beverage. The move enhances Breakthru’s Minnesota beer portfolio and further strengthens the company’s Midwest position as it continues to expand … Continue reading →

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Stone Brewing Expands Richmond, Va., Brewery

Posted on March 2, 2022 by Joel Whitaker

This week, Stone’s Richmond, Va., brewery will receive four new tanks, increasing the brewery’s production capacity from 150,000 barrels to 200,000 barrels. As Stone builds out new points of distribution and expands its beer and hard seltzer  innovations, increased capacity … Continue reading →

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Scheid Family Wines Acquires 50% Interest in HOXIE Spritzer

Posted on March 2, 2022 by Joel Whitaker

Scheid Family Wines said it acquired a 50% interest in HOXIE Group and will produce HOXIE Spritzer, an artisanal dry wine spritzer.  Terms weren’t disclosed. Scheid Family Wines will look to expand HOXIE with targeted national and international distribution. HOXIE wine … Continue reading →

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Wine’s Challenge: Its Drinkers Are Older, Richer — Wine Intelligence

Posted on March 2, 2022 by Joel Whitaker

Although the wine category in the US holds an 11% volume share – equal to that of spirits – the category’s future is facing a number of challenges. Wine volumes in the US are expected to continue on a downward … Continue reading →

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Cambria Wine to Match Donations to Women’s Earth Alliance

Posted on March 2, 2022 by Joel Whitaker

Cambria Estate Winery said it would match up to $25,000 in donations to Women’s Earth Alliance which identifies grassroots women leaders working on the frontlines to reverse climate change and protect their communities’ natural resources, livelihoods, and health. It invests … Continue reading →

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