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Fresh Vine Wine Now Available at True Food Kitchen

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Fresh Vine Wine’s Chardonnay is now available by the glass in 44 True Food Kitchen restaurants across 17 states, enhancing its market presence. This partnership aligns with True Food Kitchen's focus on healthy eating and premium wines. Fresh Vine Wine provides varietals with lower carbs, sugar, and calories, appealing to health-conscious consumers. The Chardonnay features only 0.1g sugar and 98 calories. The company aims to expand its growth strategy following its IPO in December 2021, positioning its wines as affordable luxury in an evolving $69 billion wine market.

Positive
  • Partnership with True Food Kitchen increases brand visibility across 17 states.
  • Offers a health-conscious Chardonnay with low sugar (0.1g) and low calories (98), appealing to health trends.
  • Company plans to accelerate growth in 2022 through marketing and product expansion.
Negative
  • Dependence on endorsements and partnerships, such as True Food Kitchen, for brand visibility.
  • Risks related to supply chain disruptions affecting grape and material availability.

Fresh Vine Wine’s Chardonnay now available by the glass in 44 True Food Kitchen restaurants in 17 states nationwide

MINNEAPOLIS, June 28, 2022 (GLOBE NEWSWIRE) -- 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 a partnership with True Food Kitchen, the nation's leading health-driven restaurant brand, that makes the Chardonnay Fresh Vine Wine varietal available to True Food Kitchen patrons in its 44 restaurants across Arizona, California, Colorado, Florida, Georgia, Illinois, Louisiana, Maryland, Missouri, Nevada, New Jersey, New York, Ohio, Pennsylvania, Tennessee, Texas and Virginia. Golden straw in color with hints of ripe pear, green apple, lychee, hazelnut, and toasty oak, Fresh Vine Wine’s Chardonnay offers 0.1g sugar, 2.8g carbs, 98 calories, 13.5% abv, and is available by the glass to perfectly pair with the clean menu at True Food Kitchen.

“True Food Kitchen is a dream placement for us as it dovetails perfectly with our healthy lifestyle platform. One that’s inclusive by virtue of inviting everyone to enjoy the benefits of a perfectly paired glass of our California Fresh Vine Wine Chardonnay with a myriad of fish, chicken, veggie, gluten free and vegan fare,” said Jamey Whetstone, Winemaker, Fresh Vine Wine.

True Food Kitchen is known for its commitment to healthy eating and sustainable sourcing, also demonstrated in selecting premium wines featured on True Food Kitchens’ menu, now including Fresh Vine Wine. Backed by media mogul Oprah and co-founded by integrative medicine expert, Dr. Andrew Weil, True Food Kitchen incorporates a carefully curated menu inspired by Dr. Weil’s anti-inflammatory food pyramid that focuses on creating craveable foods that help maintain optimal health. True Food Kitchen’s “conscious casual” restaurants feature menus highlighting healthy, seasonal, sustainable, and organic food with vegan, vegetarian, and gluten-free options served alongside sustainable wine, local beer, and cocktails with fresh juice and house-made syrups.

Press Contact: FreshVineWine@jonesworks.com
IR 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-$22.99. Fresh Vine Wine's varietals currently include its Cabernet Sauvignon, Chardonnay, Pinot Noir, and Rosé. 

About True Food Kitchen
True Food Kitchen is a restaurant and lifestyle brand inspired by the philosophy that food should make you feel better, not worse, and that great-tasting food and thoughtfully crafted beverages can serve as the foundation for a life well lived. The restaurant brand is driven by a passionate collective of accomplished chefs, visionary restaurateurs and a renowned doctor of integrative medicine, who believe delicious dining and conscious nutrition can go hand in hand without sacrificing flavor, creativity or indulgence. True Food Kitchen's seasonal menu is guided by the principles of Dr. Andrew Weil's anti-inflammatory food pyramid. True Food Kitchen emphasizes wholesome, simple ingredients with thoughtful preparations to highlight the natural health benefits and flavors of each ingredient. From nutrient-dense staples and carefully sourced proteins to little-known superfoods, True Food Kitchen is committed to sourcing the most responsible, creative and freshest in-season ingredients. True Food Kitchen currently has 44 locations in 17 states: Arizona, California, Colorado, Florida, Georgia, Illinois, Louisiana, Maryland, Missouri, Nevada, New Jersey, New York, Ohio, Pennsylvania, Tennessee, Texas and Virginia, with two new restaurants due to open soon in Edison, New Jersey, and Miami, Florida. For more information and to find a True Food Kitchen location, visit truefoodkitchen.com.

Forward-Looking Statements
This 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.


FAQ

What new partnership did Fresh Vine Wine announce?

Fresh Vine Wine announced a partnership with True Food Kitchen, making its Chardonnay available by the glass in 44 restaurants across 17 states.

What are the nutritional benefits of Fresh Vine Wine's Chardonnay?

Fresh Vine Wine's Chardonnay contains 0.1g of sugar, 2.8g of carbs, and 98 calories, making it a healthier choice for wine drinkers.

In how many states can customers find Fresh Vine Wine?

Fresh Vine Wine's Chardonnay is available in True Food Kitchen restaurants across 17 states.

What is Fresh Vine Wine's strategy for growth in 2022?

Fresh Vine Wine plans to accelerate growth in 2022 through enhanced marketing efforts, expanding product offerings, and building its team.

What market size is Fresh Vine Wine operating in?

Fresh Vine Wine is operating in the $69 billion US wine market.

Fresh Vine Wine, Inc.

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