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Joel Whitaker

Why Stoli Group Moved to Liquidate 2 U.S. Units

Stoli Group said its two U.S. entities, Stoli Group USA, LLC and Kentucky Owl LLC, filed a motion to convert their Chapter 11 Bankruptcy Act proceedings into to Chapter 7. Control of these U.S. entities will be transferred to a court-appointed trustee, who will oversee the liquidation

'We Were Big, We Were Leveraged' and Now Natural Wine Firm Is Closing

Subject to Change Wine Co., once one of the biggest natural wine producers in the country, is closing. The closing comes after the first got evicted because they couldn't pay rent. Plus they owe vendors a lot of money, Alex Pomerantz, owner and winemaker, told the San Francisco

McMillan Sees Wine's Decline Easing in '26, 'Bumpy Bottom' in '27-'28, then Growth

Hang on. Just another year of pain. Then a couple of years along a "bumpy bottom" and then modest growth. That the forecast of Rob McMillan, EVP and founder, Silicon Valley Bank Wine Division, in the bank's annual ."State of the U.S. Wine Industry&

18th Amendment 106 Today

The 18th amendment, which launched the Prohibition Era, began its short career this day in 1919. Considered by some a well intentioned act (of social hygiene), it sought to ban the availability of alcoholic beverages. The unintended consequences, though, were perhaps worse — vast flouting of the law by the public

Trump Pressures Canada to End U.S. Liquor Boycott

I swear there are times when I think President Trump is bipolar. Recall that since April he has placed 50% tariffs on Canadian steel and aluminum, threatened to crush the Canadian auto industry with import taxes, said he would use "economic force" to make Canada the 51st state.

[BND] Your Breakfast Briefing

Good Morning and Happy Thursday, January 15, 2025. Legislation Introduced to Strengthen “American” Wine Labeling Two California Assembly members introduced legislation to require that wine labeled as “American” be made from 100% American-grown winegrapes. Old Vine Registry Nears 9,400 Vineyards as 1991 Plantings Become Eligible The Old Vine

Legislation Introduced to Strengthen “American” Wine Labeling

Two California Assembly members introduced legislation to require that wine labeled as “American” be made from 100% American-grown winegrapes. Current federal standards allow up to 25 percent of wine labeled “American” to be sourced from imported bulk wine produced outside the United States. Co-sponsored by the California Association