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About et1883

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  • Birthday 01/01/1960

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  • Location
    Victoria, BC & Northern Washington State
  • Interests
    craft whiskies, vodka, gin, liqueurs.

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284 profile views
  1. We now have a property!

    Congrats, Van! We've looked at over 30+ sites, most not "as described" by realtors to put it diplomatically, some located next to unsuitable neighbors, and one which went up $100k overnight when the seller found he might actually have a buyer. Add one which boasted 4000 sq ft, but turned out to be 2000 sq ft with a raised mezzanine which blocked all the bay doors. One had vermin, both small and large. Not easy! We have yet one more site in mind we're looking at, and huge THANKS to you and others in sharing experiences in due diligence and approaches to approvals, lease/buy and timing. Best of luck with your licensing!
  2. Thank you again, dhdunbar, I'm awaiting a comment from the FTZ people directly to see if there is a simple solution. The option above (remove from customs (or remove from FTZ?) to bonded DSP) without paying tax until a triggering event occurs (like moving it to a domestic US location for sale) seems to make sense, but "it's government," so what makes sense may not be correct or legal! :-) I'll post what I hear from FTZ.
  3. Explosion venting

    explosions will result from sufficient concentration of ethanol vapor, so air circulation is important to reduce concentration; consider monitors to detect ethanol concentration. Here is a 2012 discussion on monitors. .
  4. Bank Loans

    distillers seeking investors in the US will want to pay attention to SEC rules and EDGAR - one link here below for exemptions on Form D to allow various types of investors. In some cases, you disclose financials, in other cases not. as with most government rules, there are penalties for non-compliance, and yes, even if making mistakes and not being informed. https://www.sec.gov/info/smallbus/cfformd.htm As the B-school joke goes, your smallest investors will take the largest amount of your time. experienced and accredited investors know the rules and will leave you alone. Best is finding accredited investors with industry knowledge and management advisory input to help. Keeping them all informed is helpful in any case, and they'll be your advocates about "their distillery." On the British Columbia side, permits are now 4-6 months waiting time. No new "liquor primary" licenses (in case anyone wanted to think about just selling craft spirits, and not being a mfg) until 2022. The craft advantage of exemption from provincial excise tax is a superior opportunity; disadvantage is that it tapers off as you production increases. And not making rum, that's a downside too - fewer pirate themed products :-) If your BC firm is properly configured to attract investors, they can benefit from significant tax deduction in the year they make the investment. That does not exist in the USA. What does exist for US investors is on the backside of an investment, and US-based distillers seeking investors might want to read up on 1244 stock status in case there is a need. (http://www.investopedia.com/terms/s/section-1244-stock.asp). In all cases, YMMV, and none of the above is advice or necessarily complete, just observations obtained in our process. Defer to the reader which parts are relevant for your experience and needs. Cheers!
  5. Interested in forum members' experience from "concept" to "actual launch" with spirits coming out of the still? Thoughts on challenges finding a distillery space that affected the time line? Thanks in advance!
  6. Have searched without success for discussions re experience with foreign trade zone/customs bonded warehouse - we have some plans for importing from several countries, and re-export to selected other markets without the products touching the US markets. Welcome any comments on experience with US CBP, local governments, etc.
  7. I'd rather drink good whiskey from a provider who outsourced their distillation than bad whiskey from a grain-to-glass distiller who doesn't sufficiently cut heads/tails and produces bad spirits. At the end of the day, it's what it tastes like and customer satisfaction. I've enjoyed the public discussions (food fight?) of who's really a distiller, and my collection has both ends of the spectrum in production, and both ends of the spectrum in terms of taste. There is not necessarily a direct or causal relationship. And not pointing fingers at any one person or group. I've been surprised by some whiskies on both sides of the discussion. I'd welcome a broader description from Chris about his specific marketing options and unique selling point. Also happy to evaluate free samples provided by any of you all :-) or to discuss finer issues of aging, blending, marketing, truth in advertising, sizzle-vs-steak, etc. Cheers!
  8. Congrats, Tony, on TTB permit - would love to hear how your plans and activities are moving along!
  9. Setting up in old unused theatre building

    Super ideas and input, thanks!
  10. we're considering setting up in an unused theatre, about 100 years old, brick exterior, nice stage area with high ceiling above stage where our stills will sit - wondering if others have considered a theatre as a location, and if so, what issues did you face or successfully over come with re: fire suppression, floor drains, etc. Best regards to all, Ernie.
  11. I Write About Rum

    Thanks for the intro, Rick - look forward to reading your blog. For other ADI forum readers, I recommend you note Rick's awards listed on FB! :-)
  12. Winery and Distillery

    compare with Ballast Point's solution in California - great brewery, claiming to be larger in production than Sam Adams, and the distillery is chain link fenced off from the brewing operation - separate interior entrance, and controlled/locked door. But still the same building. Best of luck
  13. hi Nakoda13, interested to learn more. Our plans are six months underway for multi-phase entry to market (following WhistlePig, Filibuster, St. George whisky concepts) and 2nd phase distilling on site. Planning for either Virginia or Alberta right now, but very open to collaborating with and partnering with like minded persons in AB or SK. Where in SK? We've considered Cochrane, Airdrie as close-to Calgary in AB, but with lower cost of operations. Presume you've seen Eau Claire setting up in Turner Valley, AB?