The Florida Cane Distillery

The Florida Cane Distillery

Micro-distillery with the largest craft spirits portfolio in the nation

View on Wefunder
Security Type
Convertible Note
Industry
Alcohol
Min Investment
$250
Location
Tampa, FL
Offering Date
September 04, 2020
Expected Close Date
December 02, 2020
Deal Notes

Interest: 5%

Use of Proceeds

$320,000

  • 90% towards refinancing existing, high interest debt
  • 2.5% increasing sales staff
  • 7.5% Wefunder intermediary fee 

$800,000

  • 45% towards refinancing existing, high interest debt
  • 12.5% towards increasing sales staff & supporting expansion into new states
  • 35% towards locating and establishing second distillery & tasting room
  • 7.5% Wefunder intermediary fee 

Key Deal Facts

Advocated for law change and became Florida's first craft distillery with a vodka tasting room
Nationally recognized spirits—Platinum, Double Gold, & Gold awards from renowned Spirit Competitions
Multiple Revenue Streams: Whiskey Distilling School, Hand Sanitizer sold on Amazon, and White Labels
Active distributions agreements to bring award-winning El Encanto Silver Rum to 5 additional states
Distribution established in Wal-Mart, Total Wine, ABC Liquors, Disney, Busch Gardens, & Sea World
Located in a high-traffic tourist district— Ybor City. Offering a unique experience for visitors
Largest craft spirits portfolio in the nation, with 32 independently successful SKUs established
Unique distilling process incorporates fresh Florida produce and Florida sugar cane

Security Description

A convertible security is a security that can be converted into another security, typically equity in the next round of financing.

Research Reports

No reports have been submitted

Become a Reporter

0 Comments