I am a very big fan of whiskey, and I've never seen anything like your product before (in terms of preparation); very interesting. In terms of distilling, would there be any possibilities of licensing the technology to bigger brands, or foreign brands? Or is building the whisk...

We're big believers in developing options for the future so I'd never say we wouldn't license the technology but the deal would have to be appropriate. By building our own brands we're actually building the overall value of the technology, demonstrating to traditional producers that we can build a consumer following with a disruptive process.

I reviewed the financials and I really like the growth of the gross profit. A couple of things that I would like to know. 1. I note that marketing costs decreased significantly YoY. What drove that change? any big changes in your marketing strategy? 2. I noted a big increase i...

In 2015 we pivoted to a more premium strategy with the release of our Cleveland Underground line while also making changes in marketing programs to support them. This year we're rolling out a more complete line and expect some alliances that will have an impact on marketing (most of that is still in discussion). Some of the inventory changes were driving by a adjustments to how we're accounting for work in progress as well as hedging our bets during some projected shortages in raw materials b...

Hi. Whats the difference between common units and common stock? How many hours do you work for the company per day?

As a limited liability company, membership units are the equivalent of shares in a corporation (although I'm not an attorney). Great question about how many hours I work for the company in any given day. My wife would say on average about 25 or 26! It is my full-time endeavor.

I am interested in Cleveland Whiskey and it being a local business that gives jobs to the local economy. But other than a gift from the company what are the projected returns for buyer shares. I understand the market varies day to day. But is there a return or is this more of ...

Frank, it's definitely not a donation but rather an equity investment. Like any stock you really can't predict returns but we're doing our best. The best thing is to read the business plan and make your own judgment. Hope you join us.

When is the offering deadline?

Julianne, it will run for a while or until we close out the round (depends on how much we raise). Sorry I can't be more specific but it will be dependent on the rate at which we bring in investors. We only started this yesterday.

Cleveland Whiskey

The technology-driven future of American whiskey, anchored in Cleveland’s rising riverfront

clevelandwhiskey.com

Cleveland, OH

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