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Heritage Distilling overhauls business model
Yahoo Finance· 2025-10-24 11:16
US spirits producer Heritage Distilling Company is to close its tasting rooms and shift to contract production. In a statement yesterday (23 October), the company said its decision stems from a review addressing “shifting market dynamics” and “financial realities” in the beverage-alcohol industry. The closures, effective 31 December, are driven by a “challenging” tax and regulatory environment in Washington and Oregon, it added. Five retail tasting rooms in the states are set to be shuttered. Heritage ...
X @Cointelegraph
Cointelegraph· 2025-10-23 11:02
⚡️ NEW: Smart Pocket is building an IP-focused launchpad connecting users and creators via rankings, engagement rewards, and airdrops.It also unifies fragmented IP tokens and strengthens interoperability across creator economies.[Brought by @smapocke] https://t.co/LceAKQBLbH ...
X @Wu Blockchain
Wu Blockchain· 2025-08-25 14:56
Heritage Distilling (Nasdaq: CASK) completed a $223.8M private placement with backing from Story Foundation, a16z crypto, Amber Group and others, including $95M in cash and $128.8M in IP tokens. Heritage now holds 53.2M IP tokens worth $320M and plans to stake tokens via Story’s blockchain. https://t.co/4Mz1oCNZ5w ...