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Security Type
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Common Stock
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Categories
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Food & Bev
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Min Investment
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$250
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Offering Date
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July 20, 2021
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Expected Close Date
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January 18, 2022
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Target Raise
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$10.00K-$1.07M
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Valuation
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$16,425,000
Company Description
In an industry that suffers from a lack of diversity in the ownership of craft breweries around the globe, Crown & Hops Brewing Co. has become a leading voice in promoting diversity, inclusion and racial equity with world class craft beer. Crowns & Hops has built a trusted brand that has gained global recognition, and tapped into an enthusiastic community of Black and Brown craft beer lovers along with all those that appreciate authentic cultural representation.
Key Deal Facts
VELOCITY & DEMAND - In our first year of beer production, we sold over 18,000+ cases of beer at 800+ locations throughout California, Oregon, Nevada, New York and Georgia. Demand for our products is steadily increasing resulting in a need for an independent brewing facility and taproom. Current retailers and venues include Whole Foods Market, SoFi Stadium, Total Wines & More and the list is growing!
LEADERS OF CHANGE - Consumers want to support brands that are aligned with progress and focused on community. Deemed “Changing the Face of Beer” by TIME Magazine, we are excited to build a brand that has consistently taken action, driving change and inspiring racial equity in the craft beer industry.
ECONOMIC & SOCIAL IMPACT - We are dedicated to preserving culture in areas targeted for gentrification. Our brand is focused on bringing craft beer production and safe family-friendly public spaces to under-severed communities. This creates jobs and new career paths for people of color in and around the craft beer industry.
Management Team / Advisory Board Bios
Teo Hunter, Founder, COO & Head of Beer Operations
As COO & Head of Brewing Operations for Crowns & Hops Brewing Co., Teo Hunter is a craft beer connoisseur, recipe designer, brand community manager and activist for racial equity in the craft beer industry. Howard University Alum, Teo's refined palate and experience in the cellar allows for him to lead beer production, beer distribution, global brand partnerships and operations.
Beny Ashburn, Founder, CEO
As CEO for Crowns & Hops Brewing Co, Beny Ashburn's focus is specific to the Business of beer and entrepreneurship. She started her career in advertising & brand marketing as a successful Executive Producer and Creative Strategist for some of the top ad agencies and brands around the world. Ashburn helps build and drive the creative and marketing framework for Crowns & Hops, ensuring the brand visuals and messaging coexist in a way that is consistent and high quality.