
Crimson Wine Group Ltd
OTC:CWGL

Crimson Wine Group Ltd
Crimson Wine Group Ltd. engages in the production and sale of luxury wines. The company is headquartered in Napa, California and currently employs 156 full-time employees. The company went IPO on 2013-02-20. The firm operates through two segments: Wholesale and Direct to Consumer. The wholesale segment includes all sales through a third party where prices are given at a wholesale rate. The Direct-to-Consumer segment includes retail sales in tasting rooms, remote sites and on-site events, wine club net sales, direct phone sales, e-commerce sales, and other sales made directly to the consumer without the use of an intermediary. Crimson’s brands include Pine Ridge Vineyards, Archery Summit, Chamisal Vineyards, Seghesio Family Vineyards, Double Canyon, Seven Hills Winery, and Malene Wines. The Company, through its wholly owned subsidiaries, owns approximately seven primary wine estates.