Since they were only interested in established wine brands without interest in developing ... vineyards in the excellent winemaking state of California but that dream seemed to die overnight.

California was once a hotbed of Japanese wine producers, until 20th-century legislation boxed them out. Over a hundred years later, a comeback is underway.

Executives from Butterfly Equity and The Duckhorn Portfolio on how they plan to grow the business and their thoughts on the ...