Exclusive news and research on the wine, spirits and beer business

News Briefs for July 24, 2019

July 25, 2019

•In case you missed yesterday’s news alert, Constellation Brands has taken a minority stake in Colorado-based craft player Montanya Distillers for an undisclosed sum. Here’s the full story.

•Treasury Wine Estates has launched a new Pinot Noir label. Fighting Chance Pinot Noir ($26) is a blend of 90% Pinot Noir, 8% Petite Sirah, and 2% other red varietals, all sourced from such Santa Barbara County vineyards as North Canyon, Cat Canyon, and Fiddlestix. The new brand, which is now available nationwide, is made by winemaker Adam Poirier, who’s been with Treasury since 2016. Treasury’s California portfolio also includes the Sterling Vineyards, Stags’ Leap, and Beringer brands.

•Shelbyville, Tennessee-based Uncle Nearest Premium Whiskey has introduced a new brand extension, 1884 Premium Small Batch. The 46.55% abv Tennessee whiskey is 7 years old, and it’s named for the final year brand-patriarch Nathan “Nearest” Green barreled his whiskey before retiring. Each batch of 1884 is being selected with input from a different Nearest descendant and will feature their signature on the back label. Green’s great-great-granddaughter, Victoria Eady-Butler, selected this first batch. The whiskey is now available across the U.S. for a suggested price of $50 a 750-ml.

•3 Badge Beverage in Sonoma, California, has launched Pasote Extra Añejo, a new luxury Tequila. Extra Añejo marks the fourth Tequila in the Pasote line, and is made from estate-grown blue agave that was baked, crushed, and fermented before being double distilled with spring and rainwater, then aged four years in Bourbon barrels. Part of the company’s spirits division, 3 Badge Mixology, the brand is available in select markets, retailing at $190. The Pasote line also includes Blanco, Reposado, and Añejo expressions.

•WX Brands has added a pair of new canned wines to its Chronic Cellars portfolio. The brand’s new sparkling wine and rosé are sourced from California, at 12.5% abv, and are now available in 375-ml. cans in California for a suggested price of $6 per can. WX Brands plans to expand Chronic Cellars’ cans into new markets in 2020. The company’s portfolio also includes Bread & Butter, Jamieson Ranch Vineyards, Jelly Jar Wines, Our Daily Wines, Reckless Love, and Sunday Funday.

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