Archive for the ‘Wine Business’ Category
A new study reported in the Washington Post shows that legal marijuana sales are a key factor in reducing sales of alcohol: “Alcoholic beverage sales fell by 15 percent following the introduction of medical marijuana laws in a number of states.” Down the road, when this phenomenon is confirmed after legalization in enacted in a number of states (particularly California) the questions will be 1) which types of alcohol tend to be most impacted by a switch to cannabis use,…
Distributor consolidation in the wine industry —such as the latest between Republic-National and Breakthru — is beneficial to consumers who like their wine wet and with alcohol. This is the majority of wine made and sold. However, it comes at a price for those consumers who these two distributors care nothing about and generally despises: consumers who want a wine that is interesting, innovative, well-made, authentic or simply really good. But consider this little economic innovation: today two wholesale wine companies…
I found 5 different apps at the Apple App store that promote marijuana. I found 3 different Grand Theft Auto apps in the Apple App store that promote….well…everything. I found NarcoGuerra in the Apple App store, which allows you to “try taking control of a cartel”. I found WeedTycoon in the Apple App store, which allows you to…become a Weed Tycoon. However, I learn today that Shaken Communications’ (Wine Spectator) “Where To Smoke” App has been banned from the Apple…
Want to attract millennials to your wine brand? The way to do so is simpler than you think: Make lower priced wines. I thought I’d bring up this important point in light of the most recent article on the relationship between millennials and wine that provided the following nuggets: “They’re [millennials] looking for something that’s got a nice label. Something that’s fun because then they can go to social media, send it out there, then it will be branded. They…
A lot has been learned in a short time since the massive fires hit wine country. We learned just how completely a community can pull together. We’ve learned how generous neighbors can be. But I have to say, there was one lesson that was unexpected: It’s never too soon to exploit a tragedy for your own agenda. In a recent Napa Register article concerning a very controversial proposed “Oak Woodland Initiative”, one of the authors of the initiative thought it was…
