Crushpad Closure Rumors Swirl

Crushpad, the wine-making operation that allows individuals and small producers to create small batches, appears to be in some turmoil. The company, which initially was headquartered in San Francisco before moving to Napa and Sonoma, offers an interesting business model for oenophiles and more casual wine enthusiasts alike.

Here’s some coverage of the current rumors, hinting at an impending closure of operations:

- “Crushpad Denies Report of Cash Crunch” by the North Bay Business Journal

- “Crushpad Napa Warns Closure Imminent” by Decanter magazine

- Lewis Purdue’s Wine Industry Insight blog broke the news and continued to weigh in, with the initial report resulting in a tweet from Crushpad that said the following: “Lewis Perdue’s article is neither factual nor accurate. Our doors are open for business as usual. We appreciate your support.”

We'll continue to watch this story as it develops.