Company Profile (AI Text)
Name: Cardinal Spirits
Canonical URL: https://wefunder.com/cardinal.spirits
Updated at: 2026-06-06T05:01:48Z

Tagline: Beloved, award-winning craft spirits & canned cocktails from $6M ARR distillery▲
Elevator pitch: Cardinal Spirits is a growing craft distillery and spirits manufacturer with a line of successful canned cocktails and craft spirits.

Key claims:
- Total raised on Wefunder: 283810 | citation: https://wefunder.com/cardinal.spirits#claim-total-raised
- Total investors: 336 | citation: https://wefunder.com/cardinal.spirits#claim-total-investors

Verified facts:
- Total raised on Wefunder: 283810 | observed_at: 2026-06-06T05:01:48Z | expires_at: 2026-06-07T05:01:48Z
- Total investors: 336 | observed_at: 2026-06-06T05:01:48Z | expires_at: 2026-06-07T05:01:48Z

Computed metrics:
- total_amount_raised: 283810
- total_investors: 336
- team_size: 2
- featured_investor_count: 4
- faq_count: 1
- recent_post_count: 0

Quick facts:
- Case sales grew from 8k in 2017 to 127k in 2022 ($6.3M annual revenue, $32M in cumulative revenue). | citation: https://wefunder.com/cardinal.spirits#claim-fact-1
- Products sold in 8,400 retail outlets (up from 1,000 in 2018). Including Walmart, Kroger, CVS, etc. | citation: https://wefunder.com/cardinal.spirits#claim-fact-2
- Gross margin has improved from 13% in 2019, to 39% in 2022. | citation: https://wefunder.com/cardinal.spirits#claim-fact-3
- Media darlings: Featured in the Wall Street Journal and New York Times. | citation: https://wefunder.com/cardinal.spirits#claim-fact-4
- Co-founder lobbied for law change that opened the door for 50+ craft distilleries now in Indiana. | citation: https://wefunder.com/cardinal.spirits#claim-fact-5
- Successful distillery tasting room with 4.5 stars on Yelp and 4.6 stars on Google. | citation: https://wefunder.com/cardinal.spirits#claim-fact-6
- Voted USA Today's Readers' Choice in 2019, 2020, 2021, and 2022. | citation: https://wefunder.com/cardinal.spirits#claim-fact-7
- Over 35k followers across social media, and 10k newsletter subscribers with 45% open rate. | citation: https://wefunder.com/cardinal.spirits#claim-fact-8

FAQ:
- Q: Where can I locate the "Cardinal Spirits Convertible Promissory Note 2023" document?
  A: Hello Mitchell - this is viewable by clicking "Form C" after you click the "Invest" button. It is in the documents list at the SEC website, but unfortunately they don't name the documents. Here is a direct link: https://www.sec.gov/Archives/edgar/data/1574152/000167025423000256/document_6.pdf