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Cleveland Whiskey Bond

Asset-Backed Promissory Note, High ROI, Whiskey Conversion Option at Maturity

Pitch Video
Investor Panel

Investor Panel

Fares and Todd interviewed Cleveland Whiskey Bond on October 13, 2020. Play Video
Fares Ksebati
Co-Founder & CEO of MySwimPro
Todd Folk
Founder/CEO of AppApp 10+ years in the hospitality industry. Serial Entrepreneur, Tobacconist, & Rum aficionado.
Strengths
says, "Tom Lix, the company’s CEO is extremely knowledgeable on every aspect of his business, the market, and competitive landscape. The company has a fantastic track record of growing revenue consistently and a strong positive outlook in the coming years. "
says, "From an investment standpoint, the best strength is this is an established company generating solid revenue. This drastically limits potential down side. Beyond that, the man clearly knows about his sector and they are creating new and unique products in a relatively mature market. "
Advice
says, "I would like to see a more developed strategy to leverage existing wefunder investors to grow distribution and the brand. This is a unique differentiator that can help further Cleveland Whiskey’s brand recognition and growth trajectory. Best of luck! "
says, "Potentially looking into other ways to get your product into currently unserved markets, via online. Things like Flaviar or other whiskey clubs may be a good way to prep the path of where to best expand. "

What Investors Say


What Friends Say


In the news

Cleveland Whiskey looking to rejuvenate neglected section of the Flats
December 23, 2020
Cleveland Whiskey is renovating an old fruit and action building in the Flats and using whiskey bonds to help finance it. CLEVELAND - Could there be a new hot spot in the Flats? That's the hope of Cleveland Whiskey as they look to rejuvenate a neglected area and they're using an innovative funding source in the process.
Cleveland Whiskey now selling 'whiskey bonds' in support of Flats expansion project
December 10, 2020
The manufacturer is looking to raise $1 million by issuing bonds redeemable in future years for either cash, unique whiskey or a combination of both. The proceeds will be part of a capital mix for an estimated $20 million project in the Flats South Innovation District that will create a new production facility and restaurant.
'Flats South' area lands Cleveland Whiskey as developers look to bring artists, makers to the river
July 2, 2020
CLEVELAND - Cleveland Whiskey is preparing to move to a part of Cleveland we've all driven over but few people have ever visited. The whiskey company hopes to be a big part of the effort to change that. "People will find us here even if we're the only one, but we will not be," said Cleveland Whiskey Founder Tom Lix.
Drink to Celebrate (or Forget) the 2018 NBA Finals with Cavs and Warriors Cocktails
June 8, 2018
There's nothing like the Cavs being in the hole 0-3 to make you want a drink. Alternatively, there's nothing like the Warriors steaming towards their third championship in four years to make you want to raise a glass. Either way, we asked bartenders in the Cleveland and Oakland areas to craft their finest themed cocktails for the Cavs and the Warriors.
Richard Cordray Touts Small Business Plans, Says He Wouldn't Scrap JobsOhio
May 29, 2018
Democratic nominee for Ohio governor Richard Cordray visited a manufacturing site in Cleveland on Tuesday and talked about his small business plans. Cordray met with business leaders for a closed-to-press session at Magnet, a manufacturing incubator that receives state and federal funding. The former federal consumer protection chief then toured the facility on the eastern edge of downtown.
Regional distillers are taking a shot at success
January 19, 2018
While a contraction in the business may come, most distillers - particularly those in the Cleveland market, where local players are few with Portside closing last year - convey a sense of needing to differentiate themselves. Western Reserve Distillers will be making vodka, gin, rum and whiskey, which itself will be made with spelt, a grain related to wheat.
Bourbon made by Cleveland Whiskey company in Ohio in less than 24 hours
August 21, 2017
The common wisdom I'd heard was that bourbon must - simply must - be aged in barrels for at least five years to in fact be considered "bourbon." But at Cleveland Whiskey in Ohio, founder and CEO Tom Lix is a firm believer that technology can accomplish in days what a barrel stashed underground would take a half-decade to do.
Source Lunch with ... Tom Lix
July 3, 2016
Tom Lix isn’t just excited that he figured out a way to make whiskey faster. He’s excited that the process allows him to experiment and innovate in ways that weren’t possible for the industry before.
Companies prepare to raise cash from masses
November 8, 2015
Today, if you want to invest in Cleveland Whiskey, you need to be a fairly wealthy individual. But that could change in mid-2016, when equity crowdfunding is scheduled to become legal.Then companies like Cleveland Whiskey will be able to raise capital from almost anyone.
Trade Lessons Distilled
October 2, 2015
October 2nd, 2015 | Written by Neil Cotiaux There are millions of people in the People's Republic of China who need a good, stiff drink right about now, and Tom Lix, chief executive officer of Cleveland Whiskey, aims to give it to them. The question is when.
Cleveland Whiskey Launches Investment Crowdfunding Campaign to Raise $2.5M From Accredited Investors - Crowdfund Insider
September 18, 2015
Cleveland Whiskey, a bourbon and whiskey-producing startup from Cleveland, Ohio, has launched an investment crowdfunding campaign on its own website with a mission to raise $2.5 million to further expand its already products. According to Cleveland.com, Cleveland Whiskey has received national and international attention since its launch in 2013 - including a recent visit from President Obama.
Cleveland Whiskey advertises with a hybrid of crowdfunding to attract high-end customers, investors (photos)
September 18, 2015
CLEVELAND, Ohio - Cleveland Whiskey, a startup with a proprietary method that hastens the whiskey-making process, is out to raise $2.5 million in the next 90 days. Launched in March 2013, the company is already getting national and international attention - including a visit from President Obama six months ago.
Whiskey Review: Cleveland Whiskey Uncommon: Black Cherry
August 10, 2015
Recently I was given the opportunity to speak with Cleveland Whiskey owner and industry innovator Tom Lix about his unique and controversial whiskey aging process. Having now learned a little about the science behind his products, I'm turning to reviewing some of their whiskies, starting with a recent release from Cleveland Whiskey's Uncommon Barrel Collection.
How technology can speed up whiskey production
August 6, 2015
Using its carefully guarded trade secrets, one small business is pushing new methods into the world of whiskey to address higher demand for the spirits. With more modern technology than what's used in the traditional whiskey-making process, Cleveland, Ohio-based distiller Cleveland Whiskey has refined a proprietary scientific method, explained the company's CEO and founder, Tom Lix.
Everything You Need To Know About Rapidly Aged Whiskeys
June 25, 2015
Whiskey is often called the "nectar of the gods." But if that's the case, the gods are surely trolling us. Why else would they make something that only becomes delicious after aging in barrels for many, many, many years? Elijah Craig 12, Lagavulin 16, Pappy Van Winkle 23.
Cleveland Whiskey Shoots For Rapid Aged Bourbons
June 18, 2015
The process of making whiskey has changed little in the modern age. We use the same basic stills, then throw everything into the same oak barrels to age. And most people love it, seeing it as almost perfection. Which brings us to the point of this article.
Slow Booze? Not Likely. Making Whiskey at Whip Crack Speed
June 5, 2015
By MICHELLE LOCKE Everyone knows the secret to great whiskey is long, slow aging in oak barrels tucked away in cellars and warehouses for a decades-long nap. Or is it? Recently, some distillers have been taking shortcuts, using technology to mimic the effects of long aging -- and prompting spirited debate over the merits of the resulting liquors.
Cleveland Whiskey gets a visit from President Barack Obama
March 18, 2015
CLEVELAND - Employees of Cleveland Whiskey were kept out of the building today due to a visit from President Barack Obama. Cleveland Whiskey President Tom Lix spoke to newsnet5.com Wednesday ahead of President Barack Obama's visit. Click the video above to watch.
Obama visits bourbon bottler without McConnell
March 18, 2015
There was bourbon, and there was the president, but there was no "bourbon summit" with Senate Majority Leader Mitch McConnell of Kentucky.
Fast-growing companies creating jobs in northeast ohio
December 11, 2014
Last week, the economic development groups that make up the Regional Competitiveness Council (RCC) unveiled their "Go Big" strategy to accelerate the pace of job growth in Northeast Ohio. In doing so, business leaders acknowledged that Northeast Ohio is lagging behind the rest of the country in job creation.
Mayor tours Cleveland Whiskey, a new bourbon producer which makes liquor without much aging
August 27, 2014
CLEVELAND - The mayor of Cleveland smelled the bourbon a distiller had poured into a testing beaker. He smiled at the aroma that wafted out of the beaker. Frank Jackson was a on a tour of a relatively new company near Cleveland's mid-town area.
How an Innovative Whiskey Brand Won Angel Investors (Without Getting Them Wasted)
May 12, 2014
A free online course " Beyond Silicon Valley: Growing Entrepreneurship in Transitioning Economies " launched through Coursera in April, using Cleveland as a funding case study. Come back to Entrepreneur.com as we feature additional interviews with experts and instructors connected to the six-week course. For more in the series, check out Think Like Cleveland.
'radically different' cleveland whiskey marks one-year anniversary with an irish-themed bash
February 20, 2014
Whiskey aficionados sat up and took notice when Cleveland Whiskey hit the market last March. Founder Tom Lix's "radically different" approach to making whiskey -- pressure aging the whiskey for a superior quality in a short period of time -- has been met with enthusiasm and praise.
The New Science of Old Whiskey
November 28, 2013
Bourbon makers attempt to perfect a 2,000-year-old invention. Please consider disabling it for our site, or supporting our work in one of these ways Subscribe Now > In April 2006, a tornado struck Warehouse C at the Buffalo Trace Distillery in Frankfort, Kentucky.
How One Man's Aging Whiskey in a Week, Not Years
June 3, 2013
The aging process is an essential part of whiskey-making. The charred oak barrel gives the liquor its caramel color and imparts rich, subtle flavors. Problem is, this soaking step takes years to complete. But one enterprising distillery has figured out how to ripen sour mash in a fraction of the time.
How to use chemistry to age whiskey in days instead of years
June 3, 2013
Maker's Mark attracted gobs of unwanted (or perhaps pre-meditated?) attention earlier this year when it announced that it would begin watering down its bourbon in order to meet the market's unprecedented demand. A swift and severe public butt-kicking kept Maker's from following through, but the company's decision to dilute its alcohol content was apparently the result of basic supply-and-demand economics.
Whiskey Rebellion: A Serial Entrepreneur Fast-Forwards the Bourbon Aging Process
June 3, 2013
You may have noticed that most of the new breed of distillers, like Tito Beveridge, of Tito's Handmade Vodka, break in with vodka, which requires no aging, or begin with white whiskey, so-called white dog or clear whiskey, which can also go straight from still to bottle.
Taste-testing a bourbon that's aged in days, not years
May 29, 2013
Inspired by growing demand around the world for delicious bourbon, but confounded by the fact that it "takes so long to make,"
Cleveland Whiskey Ages Bourbon In One Week
May 13, 2013
A Cleveland company has developed a way to accelerate the whiskey aging process to a matter of days rather than years.
How A Distillery Ages Bourbon In Days, Not Years
May 3, 2013
With bourbon sales growing fast, small distillers are looking for ways to get their product to market faster. One Cleveland company has come up with a way to shrink the aging process from years to just days, while also cashing in on the craze for all things local.
What People Say