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California wine industry faces financial crisis - with majority of vineyards locked out of their accounts amid SVB collapse
Daily Mail ^
| 3-11-23
| JAMES GORDON
Posted on 03/12/2023 8:08:10 AM PDT by dynachrome
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LOL
To: dynachrome
No doubt ‘other’ smaller businesses are going to suffer.
2
posted on
03/12/2023 8:13:23 AM PDT
by
caww
(O death, when you seized my Lord, you lost your grip on me......)
To: dynachrome
Whatever will Nancy Pelosi do?
3
posted on
03/12/2023 8:14:38 AM PDT
by
E. Pluribus Unum
(The worst thing about censorship is ████ █ ██████ ███████ ███ ██████ ██ ████████. FJB.)
To: dynachrome
"....no clear timeline as to when they might be able to access their funds."I've got a pretty good idea about the timeline.
4
posted on
03/12/2023 8:16:16 AM PDT
by
ProtectOurFreedom
(There is lots of money and power in Green Communism and we all know where Communism ends.)
To: dynachrome
“Kendra Kawala, co-founder of Maker, a canned wine company”
I’ve tried canned wine.......going out of business would be doing us all a favor.
5
posted on
03/12/2023 8:17:40 AM PDT
by
V_TWIN
(America...so great even the people that hate it refuse to leave!)
To: caww
There are no doubt thousands of companies who aren’t going to make payroll the next few weeks. Will they lay all those people off? Ask them to work with the hope that they MIGHT get a paycheck down the road? Close their doors?
6
posted on
03/12/2023 8:17:45 AM PDT
by
ProtectOurFreedom
(There is lots of money and power in Green Communism and we all know where Communism ends.)
To: dynachrome
My heart pumps pi$$ for them.
7
posted on
03/12/2023 8:17:58 AM PDT
by
FLNittany
(Autotune is jealous of Karen Carpenter)
To: ProtectOurFreedom
The ‘funds” are apparently not theirs anymore.
8
posted on
03/12/2023 8:18:03 AM PDT
by
Paladin2
To: caww
“thousands of wineries”
I didn’t know there were so many. I wonder who they all supported in elections?
9
posted on
03/12/2023 8:18:26 AM PDT
by
dynachrome
(“We cannot save Ukraine by dooming the US economy.” Rand Paul)
To: dynachrome
10
posted on
03/12/2023 8:24:26 AM PDT
by
jacknhoo
(Luke 12:51; Think ye, that I am come to give peace on earth? I tell you, no; but separation.)
To: dynachrome
I’ve been to Napa and Sonoma Valley a few times, it’s amazing how many are out there, everything from Mom/Pop 4-5 acres to large corporate wineries.
My wife and I went to Paloma Winery which was a husband/wife on 5 acres the tasting was on their back porch, on the side of a mountain, on a clear day you could see San Francisco.
They were a boutique winery specializing in Cabernet Sauvignon, it was quite enjoyable.
11
posted on
03/12/2023 8:24:40 AM PDT
by
srmanuel
To: dynachrome
I wonder if Newsom had his money at SVB. California is in for a rough ride.
To: dynachrome
You can’t visit California, Oregon or Washington without stubbing your toe on a winery.
13
posted on
03/12/2023 8:25:17 AM PDT
by
ProtectOurFreedom
(There is lots of money and power in Green Communism and we all know where Communism ends.)
To: dynachrome
Note to self: Hit the liquor store Monday 9 am. Stock up on wine for the year. Buy bourbon to get thru the morning.
14
posted on
03/12/2023 8:25:20 AM PDT
by
ConservativeInPA
("How did you go bankrupt?" Bill asked. "Two ways," Mike said. "Gradually and then suddenly." )
To: srmanuel; dynachrome
Yep, Napa is impressive.......gotta be careful winery hopping for free samples though......that can result in quite a buzz.....well, that’s what I heard anyway 😏
15
posted on
03/12/2023 8:28:57 AM PDT
by
V_TWIN
(America...so great even the people that hate it refuse to leave!)
To: V_TWIN
Are the cans steel or aluminum? Lined cans, or is the wine touching metal? Single-use or bottle-sized?
To: dynachrome
They should quit w(h)ining. (Sorry, the punster devil on my shoulder made me do it.)
To: dynachrome
I belong to a wine csa called NAKED WINE. They support little wineries world wide. I hope they are well.
18
posted on
03/12/2023 8:35:39 AM PDT
by
Chickensoup
(Genocide is here. Leftist extremists are spearhheading the Genocide against conservatives. )
To: one guy in new jersey
Aluminum can with a pop top like a beer can......freakin’ nasty.
We actually drink box wine almost exclusively, only exception is if we pick up the $2.99 a bottle brand at Aldi.
Some beverages just don’t apply well to metal containers IMO.
19
posted on
03/12/2023 8:36:01 AM PDT
by
V_TWIN
(America...so great even the people that hate it refuse to leave!)
To: dynachrome
Guess I'll have to get along without canned wine. I think I can manage.
Interesting that SVB finances wine companies, not computers or chips. Tech is dead in Silicon Valley, I guess.
This just drives more people and more business out of CA. Who would have thought CA would be such a miserable place to live and work and invest? It's like the Dust Bowl in reverse.
20
posted on
03/12/2023 8:37:49 AM PDT
by
ZOOKER
(Until further notice the /s is implied...)
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