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Security Type
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Other
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Categories
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Other
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Min Investment
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$280
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Offering Date
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January 10, 2020
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Expected Close Date
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April 11, 2020
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Target Raise
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$9.99K-$1.07M
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Deal Notes
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$27.97 per share
Security Name: Common Stock
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Valuation
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$9,999,275
Company Description
Outbound Brewing offers a portfolio of nonalcoholic craft beverages, including three CBD-infused beverages, brewed to perfection using high quality, simple ingredients and the care that only comes with small batch brewing.
Perks
$500+ | Custom Investor Pint Glass + sample pack (3 beers)
$1,000 | 2 Custom pint glasses, koozie, 6 pack
$2,500+ | 3 pint glasses, koozie, hat 12 pack beer
$5,000+ | - pint glass, koozie, bottle opener, hat, case of beer +5% bonus shares
$10,000+ | All swag above, case of beer, 10% bonus shares
$20,000+ | All swag above, 2 cases of beer, +15% bonus shares
$50,000+ | Invitation (for 2 people) to "Meet the Founders" beer tasting event in San Diego + all swag above +15% bonus
$100,000+| Invitation (for 4 people) to "Meet the Founders" beer tasting event in San Diego + all swag above +15% bonus
*All perks occur when the offering is completed.
Key Deal Facts
Outbound is the first hemp CBD infused nonalcoholic beer available in mainstream markets.
The CBD market is projected to grow with a CAGR of 32.6% (Grand View Research) and craft beer with a 13.7% CAGR (Zion Market Research) through 2025
The Non-alcoholic drinks market size was valued at $1,548 billion in 2015, and is estimated to grow at a CAGR of 4.4% to reach $2,090 billion by 2022
Use of Proceeds
Marketing, Research and Development, Inventory, Company Employment, Working Capital
Management Team / Advisory Board Bios
Marty Reed
Cofounder, CEO, Director
Marty Reed leads Outbound with 30+ years of entrepreneurial experience across a range of industries including convenience retail, commercial real estate and development. He has been a pioneering advocate in California for the legalization of medical marijuana and is a lifelong environmental conservationist. Marty still serves as CEO for High Style Brewing, a producer of THC-infused nonalcoholic beers.
Lyden Henderson
Cofounder, COO
Lyden is the operational, financial and legal backbone of Outbound, with heavy experience as an international business manager for Cymer throughout the US and Asia. He holds an MBA from the University of San Diego and a BS in Finance from Washington State University. Lyden still serves as COO for High Style Brewing, a producer of THC-infused nonalcoholic beers.
Greg Haap
Cofounder, General Manager
Greg is a seasoned veteran of the natural products and supplements industry, with more than 20 years experience in manufacturing, compliance, sales and retail. Greg still serves as General Manager for High Style Brewing, a producer of THC-infused nonalcoholic beers.
Charlie Reed
Cofounder, VP Business Development & Impact
Charlie is a brand and sustainability professional dedicated to bringing innovative and impactful food and beverage products to the masses. Her experience includes roles at Califia Farms, RALLY and Sustainability Next and she is a graduate of the University of Oxford (Masters in Environmental Governance) and UC Berkeley (Bachelors in Environmental Studies). Charlie still serves as VP of Marketing and Sustainability for High Style Brewing, a producer of THC-infused nonalcoholic beers. Charlie also provides occasional consulting work as a Sustainability Specialist for Cause Way Global.
Deal Notes
$27.97 per share
Security Name: Common Stock