Fresh Vine Wine IncNYSE-MKT VINE Stock Report

Fresh Vine Wine, Inc. produces low carb and calorie premium wines. The company is headquartered in Plymouth, Minnesota and currently employs 16 full-time employees. The company went IPO on 2021-12-14. The firm crafts and bottles all of its wines in Napa Valley. The firm offers bold, crisp, and creamy wines that embody health, warmth, and a deeper connection to wellness and an active lifestyle. The firm offers a range of products, including Premium, Napa Valley Wines within the Better For You Segment. The Company’s varietals include Cabernet Sauvignon, Chardonnay, Pinot Noir, and Rose, as well as a limited Reserve Napa Cabernet Sauvignon. The Company’s sales channels include wholesale, retail, and direct-to-consumer (DTC) ecommerce channels. The wholesale distribution network includes approximately 20 distributors, including distribution agreements with Southern Glazers Wine and Spirits, Johnson Brothers, and Republic National Distributing Company (RNDC). The DTC channel sells wine directly to the consumer at full retail prices.