Castle Brands Enters Wine Biz

Dear Client:Castle Brands has acquired the assets of Betts & Scholl LLC, a wine company formed in 2003 by Master Sommelier Richard Betts and Dennis Scholl. As a part of the deal, Castle Brands issued 7.14 million shares of common stock to the sellers and approximately $1.1 million of cash and notes. Dennis Scholl will … Continue reading "Castle Brands Enters Wine Biz"

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