Listen to our full podcast with the World Wine Guys here!

 

The Millennials are changing the way we think about a lot of things, including the wine world.  They are much more open to try new things than their Baby Boomer parents, which gives new producers and more obscure grapes a whole new market.  

We talked about all this and more with the World Wine Guys, Mike DeSimone and Jeff Jenssen, and co-authors of the recent book Red Wine: The Comprehensive Guide to the 50 Essential Varieties & Styles.

Because even in the wine world, there is consolidation.  The likes of Constellation Brands (STZ) , an AAP portfolio holding and Diageo (DEO) are scooping up a ton of smaller producers.  

And even tax form has hit the wine world.  Meals and entertainments used to be deductible.  But no longer under the new tax plan -- so how will that affect wine sales?

So watch the video above but be sure to listen to our full podcast for answers to all those questions and more!

And for more food and beverage interviews, subscribe to our YouTube channel here:

Watch More with TheStreet:


 

More from Video

If You Want to Invest in Artificial Intelligence, Here's the One Stock to Buy

If You Want to Invest in Artificial Intelligence, Here's the One Stock to Buy

Economist Perspective: Brexit Endgame in Sight?

Economist Perspective: Brexit Endgame in Sight?

Smaller Cap Stocks Could Make Great Stocking Stuffers Ahead of 2019

Smaller Cap Stocks Could Make Great Stocking Stuffers Ahead of 2019

5 Highly Anticipated Tech IPOs to Watch in 2019

5 Highly Anticipated Tech IPOs to Watch in 2019

Trading Strategies: How to Play the Federal Reserve's Decision Next Week

Trading Strategies: How to Play the Federal Reserve's Decision Next Week