Fresh Vine Wine California Cabernet Sauvignon Receives a 92 Point Rating from The Tasting Panel & The Somm Journal
September 06 2022 - 9:00AM
Fresh Vine Wine, Inc. (NYSE American: VINE), the premier producer
of lower carb, lower sugar, and lower calorie premium wines in the
United States, today announced that The Tasting Panel Magazine and
The Somm Journal, two highly-regarded wine publications, have
awarded Fresh Vine Wine’s California Cabernet Sauvignon, 2020
Vintage, a 92 Rating. This is the second of Fresh Vine Wine’s
varietals to receive a 92 Rating this year, with its Limited
Reserve Napa Cabernet Sauvignon receiving 92 points from James
Suckling in July.
The review noted, “Grapes harvested at lower
sugar are the foundation for this delicious red, produced by the
hands of winemaker Jamey Whetstone. With only 103 calories, lower
carbs, and coming in at a low 13.5 abv, the flavors remain intact
for balance, acidity, and aromatics. Black peppered blackberry and
cigar leaf shows depth, while the wine’s lithe frame exudes flavors
of cedar, cinnamon, and dark chocolate. A memorable mouthfeel
persuades that next sip. 92”
“We are greatly honored that both The Tasting
Panel and The Somm Journal have rated our California Cabernet
Sauvignon “Outstanding,” a wine of superior character and style.
This rating, as well as those of James Suckling and TEXSOM, are a
testament to our remarkable winemaking capabilities, which delivers
superior premium wine taste while creating a well-balanced
lower-sugar wine,” said Jamey Whetstone, Winemaker, of Fresh Vine
Wine, Inc. “We know consumers seek products that provide affordable
luxury, and appeal to those living a healthy lifestyle is rapidly
expanding. Additional Outstanding Ratings from well-respected wine
publications further validate the success we are achieving offering
a unique value proposition with the wines we are making in Napa,
CA, all of which are naturally lower calorie, carb, and sugar in
composition.”
This is in addition to Fresh Vine Wine’s 2020
California Pinot Noir and California 2021 Rosé varietals, which
were awarded Bronze Medals by TEXSOM out of 2,036 total
entries.
Fresh Vine Wine, Cabernet Sauvignon, California
2020, $21.95 per bottle, is available for purchase at
www.freshvinewine.com, and major retailers including wine.com,
Total Wine & More, and Fresh Market.
Fresh Vine Wine's vision is
to be the leading "Better For You" brand in this emerging category,
capitalizing on the trend toward healthy living that is sweeping
the food and beverage industry. Fresh Vine Wine's strategy is to
accelerate growth in 2022 by amplifying its product offerings,
actively growing distribution, educating consumers and retailers on
our premium product line, and focusing on in-market retail
execution and in-store samplings. Fresh Vine Wine will continue to
position its core brand lineup as an affordable luxury,
between $14.99-$24.99. Sauvignon Blanc and Brut Rosé Sparkling
are Fresh Vine Wine's latest entry into the premium wine
market.
Press contact – FreshVineWine@jonesworks.comIR
contact – Joeh@gregoryfca.com
About Fresh Vine Wine, Inc.Fresh
Vine Wine, Inc. (NYSE American: VINE) is a premier producer of
lower carb, lower calorie premium wines in the United States,
kicking off a 2022 growth plan following its IPO in mid-December
2021. Fresh Vine Wine's brand vision is to lead the emerging
natural and accessible premium wine category, as health trends
continue to accelerate in the US marketplace. The 2020 US wine
market was a $69 billion category. Fresh Vine Wine plans to
accelerate growth in 2022 by amplifying its marketing, expanding
product offerings, and expanding its team. Fresh Vine Wine
positions its core brand lineup as an affordable luxury, retailing
between $14.99-$24.99. Fresh Vine Wine's varietals currently
include its Cabernet Sauvignon, Chardonnay, Pinot Noir, and
Rosé.
Forward-Looking StatementsThis
press release includes forward-looking statements. These
forward-looking statements generally can be identified by the use
of words such as "anticipate," "expect," "plan," "could," "may,"
"will," "believe," "estimate," "forecast," "goal," "project," and
other words of similar meaning. These forward-looking statements
address various matters including statements regarding the timing
or nature of future operating or financial performance or other
events. Each forward-looking statement contained in this press
release is subject to risks and uncertainties that could cause
actual results to differ materially from those expressed or implied
by such statement. Applicable risks and uncertainties include,
among others, the Company's ability to hire additional personnel
and to manage the growth of its business; the Company's reliance on
its brand name, reputation and product quality; the Company's
ability to adequately address increased demands that may be placed
on its management, operational and production capabilities; the
effectiveness of the Company's advertising and promotional
activities and investments; the Company's reliance on celebrities
to endorse its wines and market its brand; general competitive
conditions; fluctuations in consumer demand for wine; overall
decline in the health of the economy and consumer discretionary
spending; the occurrence of adverse weather events, natural
disasters, public health emergencies, or other unforeseen
circumstances that may cause delays to or interruptions in the
Company's operations; risks associated with disruptions in the
Company's supply chain for grapes and raw and processed materials;
the impact of COVID-19 and its variants on the Company's customers,
suppliers, business operations and financial results; disrupted or
delayed service by the distributors the Company relies on for the
distribution of its wines; the Company's ability to successfully
execute its growth strategy; the Company's success in retaining or
recruiting, or changes required in, its officers, key employees or
directors; the Company's ability to protect its trademarks and
other intellectual property rights; the Company's ability to comply
with laws and regulations affecting its business, including those
relating to the manufacture, sale and distribution of wine; claims,
demands and lawsuits to which the Company may be subject and the
risk that its insurance or indemnities coverage may not be
sufficient; the Company's ability to operate, update or implement
its IT systems; the Company's ability to successfully pursue
strategic acquisitions and integrate acquired businesses; the
Company's potential ability to obtain additional financing when and
if needed; the Company's founders' significant influence over the
Company; and the risks identified in the Company's other filings
with the SEC. The Company cautions investors not to place
considerable reliance on the forward-looking statements contained
in this press release. You are encouraged to read the Company's
filings with the SEC, available at www.sec.gov, for a discussion of
these and other risks and uncertainties. The forward-looking
statements in this press release speak only as of the date of this
document, and the Company undertakes no obligation to update or
revise any of these statements. The Company's business is subject
to substantial risks and uncertainties, including those referenced
above. Investors, potential investors, and others should give
careful consideration to these risks and uncertainties.
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