Heritage Distilling Company
The Tribal Beverage Network is a comprehensive program that helps interested nations become owners of heritage-built distilleries on their tribal lands. Just like casinos that cater to non-native visitors, these distilleries and tasting rooms will provide an opportunity for tribes to increase their hospitality revenue. Additionally, because of non-federal tax treatment, the margins are spectacular. This unique partnership will provide royalty revenue to Heritage, as well as national brand awareness and opportunities to expand its product line. Heritage has a 9-year exclusive relationship with each location. Just as important, “The Heritage Distilling Company” is the most awarded craft distillery in the past 8 years. Thanks to its commitment to quality and innovation, the company has delivered a 47% CAGR since 2018. Heritage will be going public through its partner BWAC and is offering a Contingent Value Right (CVR) that provides downside protection. This right is expected to close in less than 3 months.