CLOSED
GET A PIECE OF CHARIS WINERY & DISTILLERY
Mountain Made Wine and Distilled Spirits
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REASONS TO INVEST
TEAM
Charles Park • CEO, President, Secretary, Treasurer, Director
Chuck currently is the majority shareholder of the company but does not take a salary from the business. Please refer to our Risk Factors section for more details.
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Robin Park • Elaia Products Manager
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Morgan Boord • Tasting Room Manager
Morgan says her favorite from Charis: the 2022 blend of Iron Horse, but I also love Blackberry Bounce; I keep a bottle of it my freezer at home!
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the pitch
Since 2012, Charis Winery & Distillery has been producing premium wines inspired by Maryland's mountain landscape, and infused with locally-sourced ingredients. In a decade's time, the company has matured from a small boutique winery into a fully-operational distillery and winery with a product portfolio that includes award-winning small batch spirits and meads. Surpassing all initial projections, Charis has outgrown its first two production spaces, and is now ready to scale operations for further expansion.
A Collection of Intentionally Crafted Spirits Inspired By Local Surroundings
Located in the small, rural community of Cumberland, MD, Charis Winery & Distillery is focused on creating wine, spirits, and meads that reflect regional flavor. Our handcrafted collection of products includes a range of red, white and fruit wines, brandy, rum, whiskey, and moonshine, all made from locally grown grapes and grains.
Drawing from a rich regional history of spirit production dating back to the 1700s, coupled with the neverending curiosity of the company’s chief winemaker, Chuck Park, CW&D is continually expanding and reimagining our product line, in response to growing customer demand.
What we do
A Taste of Maryland’s Mountain Terroir In Every Sip
Terroir: ter·roir /terˈwär/ noun: the environmental conditions, especially soil and climate, in which grapes are grown and that give a wine its unique flavor and aroma (source).
Charis Winery & Distillery believes it is critically important that our wines and spirits express the unique terroir of our surroundings. Committed to agricultural sustainability, the company sources all raw materials – including heirloom grains, grapes, and even the oak for our barrels – within a 65 mile radius of our production location.
Chuck Park explains, “The trees that are harvested to make our barrels have grown for over 100 years and all the minerals in the soil are left in the wood, which has a unique impact on the wine and spirits we produce.”
As a company, our vision is to capture the craftsmanship, quality of flavor, and taste of traditional small batch spirits, and share them with the next generation of consumers in our expanding market. Starting with wines, and moving into craft spirit making, Charis has been able to cultivate steady brand growth, winning awards at the international level, and selling out new products as soon as they hit the shelves.
The Market & Our Traction
Bringing Historic Taste and Tradition To The Modern Market
Charis Winery & Distillery was first launched out of a 500 square foot storefront and, within five years, the company saw sales increase to the point of needing to acquire more production space. Business operations were upgraded to a larger facility and retail location in 2017. Even so, present-day demand for the products is now once again outpacing Charis’ current capacity.
Since opening in 2012, the company’s sales have increased substantially in the 10 years of operation. In order to continue growing our sales and distribution network, Charis is now raising funds to expand operations and upgrade its production systems, which will allow us to generate more volume while maintaining the small batch quality our brand is renowned for.
Why Invest
Invest in An Established Brand With Over a Decade of Experience in The Industry
In its first year, Charis Winery produced approximately 500 bottles of wine. However, over the years, the company has celebrated growth to the tune of over 10K bottles annually, and following the successful addition of distilled spirits we believe our brand will only continue to grow and evolve.
Over the next few years, Charis will be focused on executing a strategic roadmap that includes scaling operations, exponentially expanding our distribution network, introducing additional products, and partnering with brand ambassadors to reach a broader market. With a proven track record of steady sales and growth behind us, your investment will be integral to realizing even more future success. Thank you for supporting Charis Winery & Distillery on StartEngine!
ABOUT
HEADQUARTERS
16 Howard Street
Cumberland , MD 21502
WEBSITE
View Site
TERMS
Charis Winery & Distillery
Overview
PRICE PER SHARE
$0.65
DEADLINE
Apr. 17, 2023 at 6:59 AM UTC
VALUATION
$2.54M
FUNDING GOAL
$15K - $1.24M
Breakdown
MIN INVESTMENT
$249.60
MAX INVESTMENT
$1,235,000
MIN NUMBER OF SHARES OFFERED
23,076
MAX NUMBER OF SHARES OFFERED
1,900,000
OFFERING TYPE
Equity
SHARES OFFERED
Common Stock
Maximum Number of Shares Offered subject to adjustment for bonus shares
*Maximum number of shares offered subject to adjustment for bonus shares. See Bonus info below.
Voting Rights of Securities Sold in this Offering
Voting Proxy. Each Subscriber shall appoint the Chief Executive Officer of the Company (the “CEO”), or his or her successor, as the Subscriber’s true and lawful proxy and attorney, with the power to act alone and with full power of substitution, to, consistent with this instrument and on behalf of the Subscriber, (i) vote all Securities, (ii) give and receive notices and communications, (iii) execute any instrument or document that the CEO determines is necessary or appropriate in the exercise of its authority under this instrument, and (iv) take all actions necessary or appropriate in the judgment of the CEO for the accomplishment of the foregoing. The proxy and power granted by the Subscriber pursuant to this Section are coupled with an interest. Such proxy and power will be irrevocable. The proxy and power, so long as the Subscriber is an individual, will survive the death, incompetency and disability of the Subscriber and, so long as the Subscriber is an entity, will survive the merger or reorganization of the Subscriber or any other entity holding the Securities. However, the Proxy will terminate upon the closing of a firm-commitment underwritten public offering pursuant to an effective registration statement under the Securities Act of 1933 covering the offer and sale of Common Stock or the effectiveness of a registration statement under the Securities Exchange Act of 1934 covering the Common Stock.
Investment Incentives and Bonuses*
Time-Based Perks
Friends and Family - First 72 hours | 15% bonus shares
Super Early Bird Bonus - Next 72 hours | 10% bonus shares
Early Bird Bonus - Next 7 days | 5% bonus shares
Volume-Based Perks
Tier 1 Perk — Invest $500+ and receive membership in the Charis Investors Club.
Tier 2 Perk — Invest $1000+ and receive Charis Logo laser etched wine glass (set of 2) + Tier 1 Perks
Tier 3 Perk — Invest $2,500+ and receive Glencarin whiskey glass (set of 2) + Tier 1 and 2 Perks
Tier 4 Perk — Invest $5,000+ and receive Charis picnic Backpack, Tier 1, 2, and 3 Perks + 5% bonus shares
Tier 5 Perk — Invest $25,000+ and receive Glencarin whiskey glass (set of 4), Tier 1, 2, 3, and 4 Perks + 10% bonus shares
Tier 6 Perk — Invest $50,000+ and receive engraved Investor Club Desk Plaque and Tier 1, 2, 3, 4, and 5 Perks + 15% bonus shares
*In order to receive perks from an investment, one must submit a single investment in the same offering that meets the minimum perk requirement. Bonus shares from perks will not be granted if an investor submits multiple investments that, when combined, meet the perk requirement. All perks occur when the offering is completed.
The 10% StartEngine Owners' Bonus
Charis Winery will offer 10% additional bonus shares for all investments that are committed by investors that are eligible for the StartEngine Crowdfunding Inc. OWNer's bonus.
This means eligible StartEngine shareholders will receive a 10% bonus for any shares they purchase in this offering. For example, if you buy 100 shares of Common Stock at $0.65 / share, you will receive 110 shares of Common Stock, meaning you'll own 110 shares for $65. Fractional shares will not be distributed and share bonuses will be determined by rounding down to the nearest whole share.
This 10% Bonus is only valid during the investor's eligibility period. Investors eligible for this bonus will also have priority if they are on a waitlist to invest and the company surpasses its maximum funding goal. They will have the first opportunity to invest should room in the offering become available if prior investments are canceled or fail.
Investors will receive the highest single bonus they are eligible for among the bonuses based on the amount invested and the time of offering elapsed (if any). Eligible investors will also receive the Owner’s Bonus in addition to the aforementioned bonus.
Irregular Use of Proceeds
ALL UPDATES
04.18.23
Thank You
Our team at Charis Winery & Distillery want to thank each of our investors. Startengine is working to finalize each investment and will be forwarding to Charis our new investor list. We will then be sending a periodic Investor New Letter to you on a quarterly basis to provide updates on how business is progressing.
You can also email us at investors@chariswinery.com
We are looking forward to an exciting 2023 and beyond.
Salute'
Charis Team
04.16.23
Charis Winery & Distillery
Today is the closing of our campaign at 11:59pm. Thank you for all who have already invested. If you haven't and desire to do so, there are only a few hours left. We are excited to be moving Charis Winery & Distillery to the next level. Looking at 2023 and beyond, the horizon is exciting and we put in place the production systems to grow Charis and create some exciting products for folks to enjoy!
Invest Today!, this is it!!!!
Cheers!
04.13.23
Final days to invest in Charis Winery & Distillery’s current offering.
Thank you for all of your support so far! We have nearly reached our offering close date and there is only three days left to invest.
REASONS TO INVEST
Charis Winery & Distillery has built an established wine and spirits brand creating products as unique as the environs where our locally-sourced ingredients grow. Since opening its doors, the company has achieved year-over-year growth, and is now poised to expand, bringing a taste of the Maryland mountains to new markets.
Charis’ products encompass two of the fastest growing sectors in the alcoholic beverages market. According to reports, the global wine segment is growing at a CAGR of 9.39% and expected to reach over $362B by 2023.* Meanwhile, trends indicate that the distilled spirits category has been gaining market share for the past 12 consecutive years,* equating to an additional $98B opportunity in the U.S. alone.*
Charis has benefited from taking a steady approach to growth, and with ten years of experience in the industry, is well-positioned to scale. Support from investors will allow the company to increase production capacity, expand our distribution network, and meet existing demand for our popular products as well as new launches.
Invest Today!
04.12.23
Charis Winery & Distillery’s campaign is closing in less than 4 days.
Thank you for investing in Charis Winery & Distillery! We are so excited to have reached nearly $51K amount raised and 62 number of investors. We hope to keep this momentum going and encourage you to consider investing before our campaign closes on April 16th.
Invest Today!
04.10.23
Closing in less than 6 days
Our StartEngine campaign is closing soon. Thank you to all of the investors who have already invested in our company! If you haven’t yet invested or want to increase your investment, you can do so until April 16th.
04.06.23
Charis Winery & Distillery’s current offering is closing soon.
Our crowdfund campaign is wrapping up! We have exciting plans for the future and want you to be a part of our journey! Our campaign closes on April 16 2023.
Less than 2 weeks remain.
04.03.23
Charis Winery & Distillery only Two weeks remain!
Only Two Weeks Remain!
As we close in on the end of our round of capital raise we are prepping for our expansion in production and sales region. We are excited with the strong start to 2023 and are looking forward to seeing production continue to ramp up.
Product orders are coming in and product is going out to distribution. One of the most anticipated dates of the year is quickly approaching, the release of our small batch barrel strength bourbon [early June]. Last year we released our bourbon on May 14th and sold out by June 30th. We have tripled the bottles available for the 2023 release and quadrupled the release for 2024.
Join the Charis Family, Invest today!
Cheers
Charis Team
03.30.23
Invest in An Established Brand - 17 Days till Close!
Only 17 days remain in campaign, Invest today!
In its first year, Charis Winery produced approximately 500 bottles of wine. However, over the years, the company has celebrated growth to the tune of over 10K bottles annually, and following the successful addition of distilled spirits we believe our brand will only continue to grow and evolve.
Over the next few years, Charis will be focused on executing a strategic roadmap that includes scaling operations, exponentially expanding our distribution network, introducing additional products, and partnering with brand ambassadors to reach a broader market. With a proven track record of steady sales and growth behind us, your investment will be integral to realizing even more future success.
Thank you for supporting Charis Winery & Distillery on StartEngine!
03.28.23
Charis Winery & Distillery
Only 19 days remain to invest!
Since 2012, Charis Winery & Distillery has been producing premium wines inspired by Maryland's mountain landscape, and infused with locally-sourced ingredients. In a decade's time, the company has matured from a small boutique winery into a fully-operational winery and distillery with a product portfolio that includes award-winning small batch wines, spirits and meads. Surpassing all initial projections, Charis has outgrown its first two production spaces, and is now ready to scale operations for further expansion.
Invest today!
03.24.23
Intentionally Crafted Spirits & Wines
A Collection of Intentionally Crafted Spirits & Wines Inspired By Local Surroundings - Only 23 days remain to invest!
Located in the small, rural community of Cumberland, MD, Charis Winery & Distillery is focused on creating wine, spirits, and meads that reflect regional flavor. Our handcrafted collection of products includes a range of red, white and fruit wines, brandy, rum, whiskey, and moonshine, all made from locally grown grapes and grains.
REWARDS
10%
Stack Venture Club & Rewards!
Members get an extra 10% shares in addition to rewards below!
Venture Club
Venture Club Members earn 10% bonus shares on top of this and all eligible investments for an entire year. Not a member? Sign up at checkout ($275/year).
$500
Tier 1 Perk
Invest $500+ and receive membership in the Charis Investors Club.
$1,000
Tier 2 Perk
Invest $1000+ and receive Charis Logo laser etched wine glass (set of 2) + Tier 1 Perks
$2,500
Tier 3 Perk
Invest $2,500+ and receive Glencarin whiskey glass (set of 2) + Tier 1 and 2 Perks
$5,000
Tier 4 Perk
Invest $5,000+ and receive Charis picnic Backpack, Tier 1, 2, and 3 Perks + 5% bonus shares
$25,000
Tier 5 Perk
Invest $25,000+ and receive Glencarin whiskey glass (set of 4), Tier 1, 2, 3, and 4 Perks + 10% bonus shares
$50,000
Tier 6 Perk
Invest $50,000+ and receive engraved Investor Club Desk Plaque and Tier 1, 2, 3, 4, and 5 Perks + 15% bonus shares
JOIN THE DISCUSSION
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Adrian Jackson
2 years ago
I read and looked over everything. I do plan on investing in April. If i could offer any suggestions though, and please know that this is coming from understanding and considering the current situation in 2023 as far as liquidity starting to dry up as a factor so companies will need to raise cash, inflation as a factor and the upcoming recession (The Great Deleveraging) as a factor. My suggestion is to try your best to fix your balance sheet this year. Make that a priority. A deficit is very unattractive and could scare away potential investors. Now i know most investors focus on profits. I’m not concerned with profits because i’m confident as long as your company keeps growing you will eventually earn a profit. However, because your company isn’t profitable at the moment it is important to fix the deficit on your balance sheet. As equity is the main cushion for a company that is not profitable at the moment. Other then that. Everything else looks good. Congrats on the Positive Cash Flow from operations.
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Andrew Baker
2 years ago
That was quick! Congrats on hitting the minimum Chuck and the Charis team!! I'm excited to see what you all are able to accomplish with all of this support!
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HOW INVESTING WORKS
Cancel anytime before 48 hours before a rolling close or the offering end date.
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With Regulation A+, a non-accredited investor can only invest a maximum of 10% of their annual income or 10% of their net worth per year, whichever is greater. There are no restrictions for accredited investors.
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Both Title III (Regulation Crowdfunding) and Title IV (Reg A+) help entrepreneurs crowdfund capital investments from unaccredited and accredited investors. The differences between these regulations are related to the investor limitations, the differing amounts of money companies are permitted to raise, and differing disclosure and filing requirements. To learn more about Regulation Crowdfunding, click here, and for Regulation A+, click here.
David Stauffer
2 years ago
Sorry I'm coming so late to the campaign but had a couple questions. You mention needing to scale the operation. How much are you looking to increase production through these funds? Is the focus on additional wine production or distilled spirits? Where do you estimate production needs to be to turn a profit for the operation, ideally including a salary or for yourself. Why crowdfunding versus a single investor, given the modest minimum investment? Is the current $50k sufficient to significantly impact production capability and show profit?
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