Fresh Vine Wine Inc (VINE)

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Fresh Vine Wine, Inc. is a premier producer of wines in the United States. The Company crafts and bottles all of its wines in Napa Valley. It offers wines that connects to wellness and an active lifestyle. It provides a collection of varietals. Its varietals include its Cabernet Sauvignon, Chardonnay, Pinot Noir, and Rose. The Company’s sales channels include wholesale, retail, and direct-to-consumer (DTC) channels. It conducts wholesale distribution of its wines in all 50 states and Puerto Rico, and it is licensed to sell through the DTC channel in over 42 states. Its wholesale distribution network includes approximately 30 distributors, including a distribution agreement with Southern Glazer’s Wine and Spirits. It develops a winemaking process that produces wine category based on consumer preferences data, direct consumer feedback and market research. Its wines are priced at a list price between $15 and $22 per bottle.