What is a Convertible Promissory Note? A Convertible Promissory Note (“CPN”) is an option for companies that want to build capital without issuing stock or ownership units immediately. An investor, instead of receiving stock or another form of equity upon investment, would receive a CPN. The CPN is a form of debt that converts into equity (typically, preferred stock...
Continue ReadingHi Brewers’ Law distillers, vintners, brewers, distributors, industry followers! Kara Ann Groves here of Groves Law, the ag-focused branch of BrewerLong, subbing in to bring you the crossover you didn’t know you needed. I’ve been around since the start of Brewers’ Law, and we now collectively service and connect producers and wholesalers across these industries. And SB 46, or...
Continue ReadingArgentina’s Favorite Italian Spirit Fernet is an aromatic spirit made from herbs and spices in a grape spirit base. It can be enjoyed as a digestif, as the prominent ingredient in a cocktail, or as a cocktail bitter. Fernet originated in Italy, and the Italian distillery Fratelli Branca is the leading worldwide producer. However, fernet is most popular in...
Continue ReadingFlorida Division of Business and Professional Regulations (DBPR) has provided the following FAQ related to Restaurants, Bars and Nightclubs for compliance with Governor DeSantis’ emergency order in response to Covid-19. Good news for breweries and wineries–and those that support them: carry-out orders are permitted. This applies to packaged products, including growlers and crowlers.
Continue ReadingThe TTB’s Alcohol FAQs is required reading for alcoholic beverage manufacturers, distributors, and retailers.
Continue ReadingManufacturing beer, wine, and distilled spirits involves a surprising amount of paperwork. From monthly production reports to fictitious name renewals every 5 years, there’s a lot of deadlines to keep track of. We’ve created an information sheet to help. Filing Deadlines for Florida Beverage Manufacturers is a simple chart of the deadlines of the most common production reports, tax...
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