Local Choice
Regulation Crowdfunding offering on MicroVenture Marketplace
$61,826
of $1.07M goal
5.8% funded
About the offering
The craft distilling industry has seen notable growth over the past several years. In 2016, sales were up 25% year over year. Driving this growth has been an increase in consumer demand, a growing number of craft distilleries, and more favorable government laws and regulations regarding craft distilling. The spirits industry as a whole has also been on an upswing and has continually gained market share over beer for each of the past eight years. Created in 2010 by “Pixie” Paula Dezzutti Hewlette, Local Choice Spirits (LCS) helps celebrities and entrepreneurs build brands by creating custom boutique spirits. Paula has an extensive background in the spirits industry and leverages her connections and experience in creating, promoting, and managing spirit brands. The company emphasizes partnerships with celebrities in order to create private-label brands; some notable partnerships include The Legendary Hatfield & McCoy™ Family Brand Whiskey, Dwight Eubanks and his Eubanks Gin Collection, and Boosie Badazz’s Boosie Juice Vodka.
FAQ
How much has Local Choice raised?
Local Choice has raised $61,826 of a $1.07M goal.
Where is Local Choice's campaign listed?
The offering is listed on MicroVenture Marketplace, an SEC-registered Reg CF intermediary.
What are the terms of Local Choice's raise?
Crowd Note, $10M cap, 20% discount.
When does Local Choice's offering close?
The stated close date is Aug 20, 2018.