Oak and Grist Distilling

Oak and Grist Distilling

single malt whiskies produced to the standard of Scottish single malt

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Security Type
Common Stock
Categories
Food & Bev
Min Investment
$199
Location
Blackstone, NC
Offering Date
October 15, 2020
Expected Close Date
September 30, 2021
Target Raise
$50.00K-$500.00K
Deal Notes

Price per Share: $1.54

Voting Rights: Limited

Dividends: At Company's Discretion

Valuation
$2,200,000

Company Description

Inspired by our mentor and the tradition of whiskey distillation in Scotland, Oak and Grist is Western North Carolina’s only 100% grain-to-glass distillery. Our process of brewing, fermenting, distilling, and aging our spirits from local grains and botanicals is what allows us to create the unique profiles present in all of our spirits and the reason why our patrons love our spirits. Having achieved national and international recognition through awards and nominations and current demand outpacing production, we are positioned to scale both production and sales while building up our regional economy. We are thrilled to enter the next phase of growth at Oak and Grist and hope that you choose to be a part of it.

Key Deal Facts

One of only a few single malt whiskies produced to the standard of Scottish single malt on the East Coast, in addition to one of only a handful of Jenever gins produced in the United States
Western North Carolina’s only 100% grain-to-glass distillery
Demand is outpacing production capabilities with Year over Year revenue growth of 189% and 60% the 1st 3 years in business. Even though impacted by COVID, Sept 2020 to Sept 2019 revenue is up 37%.
$50K in funding helps us become profitable. $500K in funding allows us to more than double our space, expand the tasting room, and roll out new programs such special legacy barrel sales
Currently distributed in North Carolina and NYC, with additional states likely added by the end of 20206. Oak and Grist is located 15 miles east of downtown Asheville in Black Mountain. Just off the highway the distillery is strategically positioned to capture both locals, as well as tourists on their way to or from Asheville.
Local non-profit giving program connected directly to bottle sales

Management Team / Advisory Board Bios

William Goldberg
Cofounder/Head Distiller
Background Check
As co-founder, head distiller, and custodian at Oak and Grist Distilling Company, William wears many hats. He graduated from Warren Wilson College with a B.S. in Sustainable Agriculture. His degree led him to work for several years as an artisanal cheese maker for a small family creamery.
After visiting the father of his business partner in the Moray region of Scotland, William returned with the inspiration, drive, and mentorship to craft an… Read More

Russell Dodson
Cofounder/Vice President
Background Check
Quite literally raised in a distillery, Russell was born the son of Edwin Dodson, the eventual distillery manager at Glen Moray. After attending the University of Aberdeen where he earned his B.E. in Mechanical Engineering with honors, Russell has spent years building some of New York City’s finest performing arts venues and educational institutions. Oak and Grist Distilling Company marks a return to his roots.

Robert Goldberg
Cofounder/Vice President
Background Check
Bob has devoted the last four decades of his life to overseeing the creation of inspirational spaces for the artistic and non-profit communities of New York City and the surrounding areas. The spaces that he’s helped to create are fostering continual growth within the arts community. He brings invaluable management experience to Oak and Grist.

Ashley Ioakimedes
Sales Enchanter/Head Tasting Guide
You’ll find Ashley in Oak and Grist’s tasting room. Having lived in Asheville for over a decade, she’s no stranger to the world of locally-crafted foods. Before finding a career in craft distillery, she worked in cheese, chocolate, pasta, and other delights one might overindulge. Things that really get her going include thinking about food and drinks, talking about food and drinks, eating, drinking, and pretty handwriting. Oak and Grist’s… Read More

Casey Larkin
Head Brewer/Creator of Alcohol
Like everyone at the distillery Casey can often wear many hats but as head brewer, he handles all aspects of the initial step in the whiskey making process. From brewing to fermenting, he sets the foundation for all of the spirits produced at Oak and Grist. Drawing from a background in herbal medicine, Casey also helps drive product development surrounding spirits produced using herbs and botanicals.

Edwin Dodson
Mentor/Consultant
Having officially retired from distilling after more than 40 years, Edwin, along with his son Russell, are the inspiration behind the spirits that Oak and Grist produces. Having learned (and subsequently forgotten) more about Single Malt production than most people will ever know, his influence reaches every aspect of the brewing, distilling, and aging process at the distillery.

Deal Notes

Price per Share: $1.54

Voting Rights: Limited

Dividends: At Company's Discretion

Amount Raised : $0
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