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Today's #winebiz news for #wineindustry professionals...

When a product is hard to buy, more people want it. A new Washington State University study reveals that wineries producing cult wines can boost long-term profits by keeping their prices low, creating excess demand that fuels their brands prestige and future revenue...

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on Politics Is Awash in Alcohol Industry Donations: As soon as January, Oregon lawmakers are expected to weigh an increase in beer and wine taxes, which have remained stagnant for more than a generation. As they do, they’ll have to ignore campaign cash from companies that would like tax rates to remain unchanged...

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