[BND] Kane's Beverage News Daily

Why Would a Bev/Al Stock Go Public at $9, Trade at 39 Cents Just 5 Months Later?

Amass Brands Inc., whose portfolio includes alcoholic, non-alcoholic and functional beverages, reported prelinary third quarter net revenue of $5.3 million, up 30% from a year earlier, This sounds fabulous, and it gets better: Pizzolato remained the No. 1 organic sparkling wine in the U.S. across every measured period, with nearly 29% dollar share, the company said. Dollar sales grew 33% in the latest four weeks, compared with 3.6% for the organic sparkling wine category, and the brand’s 187mL

Yields Down 30% at Tablas Creek

Jason Haas, proprietor, Tablas Creek Vineyard, says his yields this year are down about 30% from last year. "While a few varieties (most notably Syrah, up 3% and Marsanne, down 8.6%) saw yields close to those of 2025, my hopes that our later grape varieties would change the narrative don't seem to have come to pass," Haas says. "With our last pick completed at the end of last week, Mourvedre came in at 34.7 tons, down 35.3% from last year's 53.7 tons. Grenache, at 73.1 tons, actually came in a

Molson Coors Virginia Workers Join Teamsters

Over 400 workers at the Molson Coors facility in the Shenandoah Valley have voted to join Teamsters Local 29. The packaging, warehouse, brewing, interplant distribution, utilities, and maintenance workers organized for increased wages, improved benefits, and a voice on the job. "These workers remained determined and refused to let management's union-busting tactics stand in the way of organizing," said Jeff Padellaro, Director of the Teamsters Brewery, Bakery, and Soft Drink Conference. "We are

Kenefick Ranch Hires Angelina Mondavi as Winemaker

Kenefick Ranch, a family-owned and operated wine brand and estate vineyard in Napa Valley, hires Angelina Mondavi as winemaker. A fourth-generation co-proprietor of Charles Krug - Napa Valley's oldest winery, founded in 1861 - she grew up immersed in vineyard life: riding the harvesters at dawn, working in the cellar during crush, and sitting beside her grandfather, Peter Mondavi Sr., as he blended wines at the family table. Her winemaking career spans more than 40 harvests across three contin

Want a $150 Bottle of Wine for $30? Go to Costco, Kroger, Aldi

High-end California wineries are disposing of their wine glut by selling premium wines to Costco, Kroger and Aldi, the Los Angeles Times reports. Of course, the wines are sold under the store's brand name, not the winery's, because the lower price at the mass retailers would hurt the brand's high-end image. The result: At Kroger, which used to have no wines with 90-plus scores from reputable reviewers, the chain now has 20, said Curtis Mann. At Grocery Outlet Inc. a bottle that might sell for. . . .

What I'm Reading --

• Selling Wine Was a Federal Crime for 13 Years, and Beaulieu Grew 4 Times Bigger Doing It Legally
• Oregon’s grape harvest is in full swing, but wine sales have been dropping Oregon’s wine industry is in the middle of a sharp market correction — driven by a 25% drop in 2025 grape production and a 16% decline in sales
• And more

Thanks for reading. I'll see you tomorrow. – Joel