Ann: Company Update, page-13

“The tariffs now imposed will triple the price of some Australian wines, which undoubtedly have a significant impact on their competitiveness in that market. As a result, there’s going to be millions of litres of wine that will need to be sold in other markets.”“This should be extremely beneficial for WINEDEPOT as the affected producers look for new routes to market. Along with the rapid switch to online buying due to COVID-19, this oversupply of inventory provides the perfect storm to launch our Direct-to-Trade marketplace.”

Great news for us. Should see this in the numbers soon