Heritage Distilling Co. Expands into Kentucky with Keg 1 River City
05 Dezember 2024 - 2:30PM
Heritage Distilling Company, Inc. (“HDC” or “Heritage”) (Nasdaq:
CASK), a leading craft distiller of innovative premium brands, is
expanding into the Kentucky market in partnership with Keg 1 River
City, the leading distributor of beer, wine and spirits in
Kentucky.
Heritage’s exceptional
suite of spirits now offered in Kentucky includes: Cocoa Bomb,
Salute Series’ D-Day Land, Air and Sea, and ARMY Special Operations
Forces Whiskey, at select on-premise and off-premise retailers
throughout Kentucky. Created in November 2023, the Salute Series is
a super-premium whiskey collection dedicated to honoring,
celebrating, and raising funds for organizations supporting U.S.
military veterans and their families. In less than a year, the
program has raised more than $130,000 for partner charities.
“Craft bourbon and
whiskey is at the heart of Heritage Distilling and was among the
first products we went to market with,” said Heritage Distilling
co-founder and CEO, Justin Stiefel. “We have a healthy respect for
the distilling industry in Kentucky, and bringing craft spirits of
the Pacific Northwest straight into Bourbon Country has been a
sought-after milestone since our inception.”
“The Stiefels have
created something truly unique in the spirits industry,” said Keg 1
River City VP of Wine and Spirits, Russell Glass. “They understand
the craft of distilling spirits and have created brands that
resonate with the marketplace, like the Salute Series. By
partnering with charities dedicated to helping U.S. veterans and
their families, consumers feel good knowing that their hard earned
dollars are going to causes that support our warriors.”
What initially started as a limited fundraising initiative with
1st Special Forces Group (Airborne) – raising nearly $150,000 for
Special Forces-related charities local to Joint Base Lewis-McChord
eight years ago – has evolved into a nationwide initiative through
partnerships with organizations such as: Green Beret Foundation,
The Honor Foundation, Marine Raider Foundation, Joint Task Force
K9s (JTFK9s), Shields and Stripes and others. Non-profit
organizations interested in raising funds for their organizations
through the program can complete an intake form on the Salute
Series webpage.
Founded in 2011, Heritage Distilling has built a stellar
reputation, earning accolades from prestigious institutions such as
the American Distilling Institute, the San Francisco World Spirits
Competition, and the World Whiskey Awards. The company’s expansion
into Kentucky will allow consumers to experience a diverse lineup
of craft spirits.
For more information
about Heritage Distilling Company, its products, or wholesale
inquiries, please visit heritagedistilling.com.
About Heritage Distilling Company, Inc.Heritage
is among the premier independent craft distilleries in the United
States offering a variety of whiskeys, vodkas, gins, rums and
ready-to-drink canned cocktails. Heritage has been the most awarded
craft distillery in North America by the American Distilling
Institute for ten years in a row out of the more than 2,600 craft
producers, plus numerous other Best of Class, Double Gold, and Gold
medals from multiple national and international spirits
competitions. It is one of the largest craft spirits producers on
the West Coast based on revenues and is developing a national reach
in the U.S. through traditional sales channels (wholesale,
on-premises, and e-commerce) and its unique and recently-developed
Tribal Beverage Network (“TBN”) sales channel, which is
collaborating with Native American tribes to develop
Heritage-branded distilleries, brands, and tasting rooms and to
develop brands unique to the tribes, to serve patrons of tribal
casinos and entertainment venues, creating compelling social and
economic benefits for participating tribal communities while
allowing the tribes another channel through which to exercise
tribal sovereignty.
Forward-Looking StatementsThis press release
contains forward-looking statements, including statements made
pursuant to the safe harbor provisions of the Private Securities
Litigation Reform Act of 1995. These statements may be identified
by words such as "aims," "anticipates," "believes," "could,"
"estimates," "expects," "forecasts," "goal," "intends," "may,"
"plans," "possible," "potential," "seeks," "will," and variations
of these words or similar expressions that are intended to identify
forward-looking statements. Any such statements in this press
release that are not statements of historical fact may be deemed to
be forward-looking statements. These forward-looking statements
include, without limitation, statements regarding anticipated
results or benefits anticipated from Heritage’s partnership with
Keg 1 River City or anticipated benefits of expansion into
Kentucky.
Any forward-looking statements in this press release are based
on Heritage’s current expectations, estimates and projections only
as of the date of this release and are subject to a number of risks
and uncertainties that could cause actual results to differ
materially and adversely from those set forth in or implied by such
forward-looking statements. These risks and uncertainties include,
but are not limited to, the risks of expansion into new markets and
the risks of partnering with new distributors. These and other
risks concerning Heritage’s programs and operations are described
in additional detail in its registration statement on Form S-1,
which is on file with the SEC. Heritage explicitly disclaims any
obligation to update any forward-looking statements except to the
extent required by law.
Contacts:
InvestorsScott Ecksteinheritage@ksca.com(212) 896 1210
MediaPatrick Maddoxheritage@kcsa.com(501) 680 5220
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