Wine has become increasingly popular as an investment, and there are even mutual funds that focus on investing in wines. While investing in wines is nothing new, I believe that Crimson Wine Group (OTCQB:CWGL) represents an attractive investment in the wine producer industry. Crimson Wine operates in the premium and ultra-premium wine market ($10-$25 per 750 ml bottle). Headquartered in Napa Valley, Crimson Wine owns and operates four wineries in the area.
Crimson Wine owns and operates boutique, estate based wineries. Crimson controls about 1,166 acres in vineyards in the Napa Valley, Sonoma County and Edna Valley in California, the Willamette Valley in Oregon and Horse Heaven Hills in Washington. Approximately 709 acres of these vineyards are...
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