Mystic Farm and Distillery

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Security Type
Common Stock
Categories
Food & Bev
Min Investment
$500
Location
DURHAM, NC
Offering Date
October 16, 2023
Expected Close Date
April 17, 2024
Target Raise
$15.00K-$1.24M
No. Investors
354
Security Price
$1
Number of Employees
6
Cash
$38,708
Revenue
$1,200,277
Short Term Debt
$83,407
Cost of Goods
$179,073
Long Term Debt
$119,270
Net Income
$248,077

Company Description

Mystic Farm & Distillery, Inc. ("Mystic" or "Mystic Farm & Distillery") is ten years old and has been profitable for the following three fiscal years (2020-2022). Mystic has been producing world-class bourbon and other spirits from grain to glass.

Management Team / Advisory Board Bios

Jonathan BlitzCo-Founder, CEO, Board Member, Principal Accounting OfficerAs one of the founders of Mystic, Jonathan has used his experiences in technology startups, law, and industrial equipment to help build the world's top craft bourbon distillery. Jonathan is a cum laude graduate of St. Louis University Law School, was appointed to a term clerkship by a Senior United States District Judge, and has represented a diverse range of clients and organizations as a civil and criminal litigator. Michael Sinclair Co-Founder, Board Member, PresidentMichael has over 20 years of beer brewing experience as well as 8 years of project management and control system integration for major electric utilities as well as 10 years of software engineering work around control systems and smart grid applications. He holds degrees in software engineering and American history., Katie SinclairMaster Blender, Board Member (Part-Time)Katie Sinclair is a double gold-medal award winning master blender at Mystic Farm & Distillery. Her passion is product and cocktail development. In addition, she enjoys developing customer educational experiences and offering heaps of Southern hospitality at the Farm. Katie also has a background in higher education and teaches Spanish for Professionals at a local university. Katier spends 20 hours per week working for Mystic. Marla TuchinskyBoard Member (Part-Time)Dr. Marla Tuchinsky is a business consultant, part-time professor, leadership coach and writer. She works with clients across industries, with particular expertise in the Health Care/Pharma sector. Marla has worked in more than 25 countries on 6 continents advising and training leaders in industries as diverse as alcoholic beverages, mining, government and finance. Marla has a Ph.D from Duke University and undergraduate and graduate degrees from Stanford. She has held faculty positions at Duke and INSEAD in addition to her experience in private industry. Marla spends 4 hours per week at Mystic.

Amount Raised : $1,234,537
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Security Description

Common stock is a security that represents ownership in a corporation.

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