Category Archives: Finance

Molson Coors to Resume Quarterly Dividends

Posted on July 17, 2021 by Joel Whitaker

Molson Coors Beverage Co. said ti would resume paying quarterly dividends now that it has paid off$1 billion of 2.1% Senior Notes due July 15. The first resumed dividend will be 34 cents a share on Class A and B … Continue reading →

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XED Beverage Co. Raises $4.5 Million in Seed Round

Posted on July 12, 2021 by Joel Whitaker

XED Beverage Co. (XED) said it completed its second seed round of funding.  In the past year, XED has raised a total of $4.5 million which will be used to grow XED’s flagship brand SESH and launch XED’s second disruptive … Continue reading →

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Underground Cellar Closes $12.5 Million Funding

Posted on June 16, 2021 by Joel Whitaker

The Series A round was led by Accomplice, with participation from Golden Ventures and Bling Capital. Launched in 2011, Underground Cellar reimagined the way customers purchase and experience wine with its innovative “gamification” AI technology that is integrated at the … Continue reading →

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Underground Cellar Secures $12.5M Series A; Sells Millionth Bottle Of Wine

Posted on June 15, 2021 by Joel Whitaker

The round was led by Accomplice, with participation from Golden Ventures and Bling Capital. “CloudCellar” allows users to buy up to 500 bottles of wine a now and ship them later. Consumers’ wine collection can be managed virtually, with users … Continue reading →

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Madre Mezcal Raises $3 Million in a Series A Round

Posted on April 21, 2021 by Joel Whitaker

Madre Mezcal, named the fastest growing mezcal brand in America, has raised $3 million to apply the brand’s successful growth strategy to new products and new markets. The Series A round was led by Room 9, a New York City-based venture … Continue reading →

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Eastside Distilling Privately Places $3.3 Million of Notes

Posted on April 20, 2021 by Joel Whitaker

Bigger Capital Fund, LP and District 2 Capital Fund LP bought the secured convertible promissory notes. They can be converted into commons shares of Eastside Distilling for $2.20, a 39% premium to the last closing price.  The two funds also … Continue reading →

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