What are the early bird terms? The only stores I found where I can buy your products seem to be near Denver, why is that?

Hi Rich. The early bird terms are a discount of $1M off the current valuation. In terms of where the product is sold we are currently working on updating our website. Our widest distribution is in Illinois followed by Denver but available in 11 total states. The "where to buy" should be updated by the end of the weekend.

Hello Mr. Lindner, If you can, could you explain the reason why your revenue was cut in half in 2018 from 2017? Best regards, Miguel Costa

Hi Miguel It was for a couple reasons. The first was we lost our biggest customer in United Airlines when Jim Beam took the space from us. The good news there is we are back in conversation with United as they miss our product. The second is we didn't have the funds needed to continue many of our marketing initiatives. Hope that helps. Happy to explain in more detail over the phone if desired.

Mr. Linder, Before I commit money to your project, would you mind commenting on why your gross margin is what it is? Shouldn't margins for a product like this be higher? Thank you for your time.

Hi Andrew. Yes, the gross margin should and will be much higher. Around 45-50%. Using all natural ingredients is a tricky endeavor. Early on we did what we thought was smart and bought and produces in large quantities to reduce cost. We soon learned that our formulations needed refining as we experienced some separation over time. Our inventory took a huge hit, and as a result or COGS still has to shed legacy wasted product.

Crafthouse Cocktails Updates, Team, and Funding Progress | Wefunder, Home of the Community Round

Highest Rated Ready to Drink Cocktails ever by San Francisco World Spirits competition and the Beverage Testing Institute.

Launching 3 amazing new cocktails that will round out our turn key options: Smoky Margarita, Rum Old Fashioned and a Pineapple Daiquiri.

Over 18,000 Instagram followers love us because we are not a trend but a lifestyle brand.

We'll be the exclusive premium ready to drink cocktail on Virgin Voyages first 4 cruise ships with the first one launching in early 2020.

Our reputation in the industry allows us to work with the best spirit companies in the world like Plantation Rum and Traverse City Whiskey.

Our new go-anywhere indefinitely recyclable 200ml aluminum bottles are on trend, and the 1.75L bag-in-the-box are perfect for parties!

The name Crafthouse is amazing! Current licensing agreement with Fortessa Tableware Solutions. Trademark owned for many extensions.

The team and their vision. Matt has owned 13 venues, and James Beard Award Winner Charles has bartended the Grammy's and Kentucky Derby.

Crafthouse Cocktails

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$87,367

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