The American Craft Spirits Association (ACSA) and Park Street presented highlights from the 2023 Craft Spirits Data Project (CSDP) at its Annual Craft Spirits Economic Briefing.
Miami-based Avalon Spirits Corp., a newly formed distilled spirits marketing and sales company, has announced the acquisition of TSS Brands, the owners of Whiskey Row Bourbon.
Tanteo CEO Neil Grosscup, management to remain with company
August 1, 2023
Ole Smoky Distillery, Gatlinburg, Tenn., announced they have closed upon a merger agreement with Tanteo Spirits LLC, one of the fastest growing ultra-premium tequila companies. This transaction marks the Tennessee-based distillery’s entry into the fast-growing tequila market, as it moves to diversify its portfolio across other high-growth spirits categories.
New whiskey pays homage to cabin where band crafted legendary songs
July 27, 2023
As Lynyrd Skynyrd approaches the 50th anniversary of its groundbreaking debut album, the band announced the release of its highly anticipated new American Whiskey, Hell House Whiskey, paying homage to the famous cabin where it crafted countless legendary songs. Lynyrd Skynyrd partnered with Bespoken, a craft whiskey maker, to create a whiskey that “is as bold, timeless, and unforgettable as their music.”
Investment will enable DTC provider to continue growth, support fulfillment model
January 25, 2023
Speakeasy Co., San Diego, an eCommerce platform for alcohol brands, has received funding for its third seed round, with $6.8 million raised. The funding was led by InvestBev, an investment firm in the industry, with a portfolio including Siempre Tequila and Fyllo.
Direct-to-consumer opportunities are limited for craft spirits purveyors, especially compared with wine, but a November 2022 report shows regular craft spirit drinkers would like the option.
The cocktail company celebrates choice in ‘cocktail culture’ with new investment
June 10, 2022
Long Island City, N.Y.-based Hella Cocktail Co., a brand of botanically inspired mixers and cocktails, announced a $5 million investment from a fellow BIPOC-owned company, Uncle Nearest Premium Whiskey, Shelbyville, Tenn.
Limited-release bottle features flora and fauna-inspired artwork
May 27, 2022
For the second year, Breckenridge Distillery combines the art of blending whiskey and color in the second edition of the Collectors Art Series, a limited release bottle with local Denver Street artist and muralist Alexandrea Pangburn.