Maker of Paper Bottle Folds

bottle_125It’s gonna be one hell of a hangover for GreenBottle, the firm that unleashed the world’s first paper wine bottle on America just five months ago. It’s gone into administration “because the majority of the shareholder base decided to discontinue investing during the February fund-raise, so the directors had no option,” reports The Drinks Business.

Paperboy, a red blend from Paso Robles, came in a recycled-paper bottle designed by the legendary Stranger and Stranger that weighed about 1/7th of a traditional bottle.

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