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Security Type
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Membership Units
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Categories
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Alcohol
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Min Investment
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$275
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Offering Date
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March 26, 2021
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Expected Close Date
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September 22, 2021
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Target Raise
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$10.00K-$1.07M
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Deal Notes
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Price Per Share: $5.00
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Valuation
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$32,700,000
Company Description
Artisanal Distillates is a mezcal company dedicated to helping consumers explore the world of mezcal through a combination of unique products and educational resources.
Key Deal Facts
The US is the largest market for agave spirits in the world, representing 71% of all mezcal exports from Mexico for 2020.
The US mezcal category has consistently grown over 30% since 2014, and Artisanal Distillates’ sales have grown by ~40% per year during the last 5 years.
Artisanal Distillates sells in ~31 US states, over 1,500 bars and restaurants, and more than 1,500 retail stores, including key strategic accounts like Whole Foods, Astor, Total Wine, and Drizzly.
Use of Proceeds
The Company might incur Irregular Use of Proceeds that may include but are not limited to the following over $10,000: Vendor payments. Salary payments made to one’s self, a friend or relative.
Management Team / Advisory Board Bios
Danny Mena, Managing Director
Danny Mena is a Mexican-born, New York City-educated alum of fine dining restaurants like Blue Hill and The Modern. He is the proprietor of a Mexican luncheonette in Bushwick, Brooklyn called La Loncheria, as well as a co-owner of Mezcal de Leyendas’ family of brands.
Cesar Gonzalez Hermosillo Dominguez, Founder
Our founder who lead the company: Cesar Gonzalez Hermosillo Dominguez is based in Mexico City. Cesar supervises production, distribution, and new product development, while back in 2005, when most were drinking tequila, Cesar opened the first mezcal bar, "La Botica", which helped create the buzz about mezcal in Mexico City, and since then, he's been a leader in the industry, helping draft the new rules of mezcal production.