INVEST IN CHARIS WINERY & DISTILLERY TODAY!
Mountain Made Wine and Distilled Spirits
$38,471.94 Raised
REASONS TO INVEST
Charis Winery & Distillery has built an established wine and spirits brand creating products as unique as the environs where our locally-sourced ingredients grow. Since opening its doors, the company has achieved year-over-year growth, and is now poised to expand, bringing a taste of the Maryland mountains to new markets.
Charis’ products encompass two of the fastest growing sectors in the alcoholic beverages market. According to reports, the global wine segment is growing at a CAGR of 9.39% and expected to reach over $362B by 2023.* Meanwhile, trends indicate that the distilled spirits category has been gaining market share for the past 12 consecutive years,* equating to an additional $98B opportunity in the U.S. alone.*
Charis has benefited from taking a steady approach to growth, and with ten years of experience in the industry, is well-positioned to scale. Support from investors will allow the company to increase production capacity, expand our distribution network, and meet existing demand for our popular products as well as new launches.
the pitch
Since 2012, Charis Winery & Distillery has been producing premium wines inspired by Maryland's mountain landscape, and infused with locally-sourced ingredients. In a decade's time, the company has matured from a small boutique winery into a fully-operational distillery and winery with a product portfolio that includes award-winning small batch spirits and meads. Surpassing all initial projections, Charis has outgrown its first two production spaces, and is now ready to scale operations for further expansion.
A Collection of Intentionally Crafted Spirits Inspired By Local Surroundings
Located in the small, rural community of Cumberland, MD, Charis Winery & Distillery is focused on creating wine, spirits, and meads that reflect regional flavor. Our handcrafted collection of products includes a range of red, white and fruit wines, brandy, rum, whiskey, and moonshine, all made from locally grown grapes and grains.
Drawing from a rich regional history of spirit production dating back to the 1700s, coupled with the neverending curiosity of the company’s chief winemaker, Chuck Park, CW&D is continually expanding and reimagining our product line, in response to growing customer demand.
What we do
A Taste of Maryland’s Mountain Terroir In Every Sip
Terroir: ter·roir /terˈwär/ noun: the environmental conditions, especially soil and climate, in which grapes are grown and that give a wine its unique flavor and aroma (source).
Charis Winery & Distillery believes it is critically important that our wines and spirits express the unique terroir of our surroundings. Committed to agricultural sustainability, the company sources all raw materials – including heirloom grains, grapes, and even the oak for our barrels – within a 65 mile radius of our production location.
Chuck Park explains, “The trees that are harvested to make our barrels have grown for over 100 years and all the minerals in the soil are left in the wood, which has a unique impact on the wine and spirits we produce.”
As a company, our vision is to capture the craftsmanship, quality of flavor, and taste of traditional small batch spirits, and share them with the next generation of consumers in our expanding market. Starting with wines, and moving into craft spirit making, Charis has been able to cultivate steady brand growth, winning awards at the international level, and selling out new products as soon as they hit the shelves.
The Market & Our Traction
Bringing Historic Taste and Tradition To The Modern Market
Charis Winery & Distillery was first launched out of a 500 square foot storefront and, within five years, the company saw sales increase to the point of needing to acquire more production space. Business operations were upgraded to a larger facility and retail location in 2017. Even so, present-day demand for the products is now once again outpacing Charis’ current capacity.
Since opening in 2012, the company’s sales have increased substantially in the 10 years of operation. In order to continue growing our sales and distribution network, Charis is now raising funds to expand operations and upgrade its production systems, which will allow us to generate more volume while maintaining the small batch quality our brand is renowned for.
Why Invest
Invest in An Established Brand With Over a Decade of Experience in The Industry
In its first year, Charis Winery produced approximately 500 bottles of wine. However, over the years, the company has celebrated growth to the tune of over 10K bottles annually, and following the successful addition of distilled spirits we believe our brand will only continue to grow and evolve.
Over the next few years, Charis will be focused on executing a strategic roadmap that includes scaling operations, exponentially expanding our distribution network, introducing additional products, and partnering with brand ambassadors to reach a broader market. With a proven track record of steady sales and growth behind us, your investment will be integral to realizing even more future success. Thank you for supporting Charis Winery & Distillery on StartEngine!
ABOUT
HEADQUARTERS
16 Howard Street
Cumberland , MD 21502
WEBSITE
View Site
Charis Winery & Distillery (CW&D) is a Maryland-based wine and spirits brand established in 2012. In recent years, the company has experienced rapid growth in product sales, and is now seeking funding to expand production capacity in step with increasing demand.
TEAM
Charles Park
CEO, President, Secretary, Treasurer, Director
Chuck currently is the majority shareholder of the company but does not take a salary from the business. Please refer to our Risk Factors section for more details.
Robin Park
Elaia Products Manager
Morgan Boord
Tasting Room Manager
Morgan says her favorite from Charis: the 2022 blend of Iron Horse, but I also love Blackberry Bounce; I keep a bottle of it my freezer at home!
Cole Cooper
Assistant Wine Maker and Distiller
TERMS
Charis Winery & Distillery
Overview
PRICE PER SHARE
$0.65
DEADLINE
Apr 17, 2023
VALUATION
$2.54M
AMOUNT RAISED
$38,471.94
Breakdown
MIN INVESTMENT
$249.60
MAX INVESTMENT
$1,235,000
MIN NUMBER OF SHARES OFFERED
23,076
OFFERING TYPE
Equity
ASSET TYPE
COMMON
SHARES OFFERED
Common Stock
MAX NUMBER OF SHARES OFFERED
1,900,000
Maximum Number of Shares Offered subject to adjustment for bonus shares
Company | : | Charis Winery, Inc. |
Corporate Address | : | 16 Howard Street , Cumberland , MD 21502 |
Offering Minimum | : | $14,999.40 |
Offering Maximum | : | $1,235,000.00 |
Minimum Investment Amount(per investor) | : | $249.60 |
Terms
Offering Type | : | Equity |
Security Name | : | Common Stock |
Minimum Number of Shares Offered | : | 15,384 |
Maximum Number of Shares Offered | : | 1,800,000 |
Price per Share | : | $0.65 |
Pre-Money Valuation | : | $2,537,600.00 |
*Maximum number of shares offered subject to adjustment for bonus shares. See Bonus info below.
Voting Rights of Securities Sold in this Offering
Voting Proxy. Each Subscriber shall appoint the Chief Executive Officer of the Company (the “CEO”), or his or her successor, as the Subscriber’s true and lawful proxy and attorney, with the power to act alone and with full power of substitution, to, consistent with this instrument and on behalf of the Subscriber, (i) vote all Securities, (ii) give and receive notices and communications, (iii) execute any instrument or document that the CEO determines is necessary or appropriate in the exercise of its authority under this instrument, and (iv) take all actions necessary or appropriate in the judgment of the CEO for the accomplishment of the foregoing. The proxy and power granted by the Subscriber pursuant to this Section are coupled with an interest. Such proxy and power will be irrevocable. The proxy and power, so long as the Subscriber is an individual, will survive the death, incompetency and disability of the Subscriber and, so long as the Subscriber is an entity, will survive the merger or reorganization of the Subscriber or any other entity holding the Securities. However, the Proxy will terminate upon the closing of a firm-commitment underwritten public offering pursuant to an effective registration statement under the Securities Act of 1933 covering the offer and sale of Common Stock or the effectiveness of a registration statement under the Securities Exchange Act of 1934 covering the Common Stock.
Investment Incentives and Bonuses*
Time-Based Perks
Friends and Family - First 72 hours | 15% bonus shares
Super Early Bird Bonus - Next 72 hours | 10% bonus shares
Early Bird Bonus - Next 7 days | 5% bonus shares
Volume-Based Perks
Tier 1 Perk — Invest $500+ and receive membership in the Charis Investors Club.
Tier 2 Perk — Invest $1000+ and receive Charis Logo laser etched wine glass (set of 2) + Tier 1 Perks
Tier 3 Perk — Invest $2,500+ and receive Glencarin whiskey glass (set of 2) + Tier 1 and 2 Perks
Tier 4 Perk — Invest $5,000+ and receive Charis picnic Backpack, Tier 1, 2, and 3 Perks + 5% bonus shares
Tier 5 Perk — Invest $25,000+ and receive Glencarin whiskey glass (set of 4), Tier 1, 2, 3, and 4 Perks + 10% bonus shares
Tier 6 Perk — Invest $50,000+ and receive engraved Investor Club Desk Plaque and Tier 1, 2, 3, 4, and 5 Perks + 15% bonus shares
*In order to receive perks from an investment, one must submit a single investment in the same offering that meets the minimum perk requirement. Bonus shares from perks will not be granted if an investor submits multiple investments that, when combined, meet the perk requirement. All perks occur when the offering is completed.
The 10% StartEngine Owners' Bonus
Charis Winery will offer 10% additional bonus shares for all investments that are committed by investors that are eligible for the StartEngine Crowdfunding Inc. OWNer's bonus.
This means eligible StartEngine shareholders will receive a 10% bonus for any shares they purchase in this offering. For example, if you buy 100 shares of Common Stock at $0.65 / share, you will receive 110 shares of Common Stock, meaning you'll own 110 shares for $65. Fractional shares will not be distributed and share bonuses will be determined by rounding down to the nearest whole share.
This 10% Bonus is only valid during the investor's eligibility period. Investors eligible for this bonus will also have priority if they are on a waitlist to invest and the company surpasses its maximum funding goal. They will have the first opportunity to invest should room in the offering become available if prior investments are canceled or fail.
Investors will receive the highest single bonus they are eligible for among the bonuses based on the amount invested and the time of offering elapsed (if any). Eligible investors will also receive the Owner’s Bonus in addition to the aforementioned bonus.
Irregular Use of Proceeds
We will not incur any irregular use of proceeds.
ALL UPDATES
03.20.23
A Taste of Maryland’s Mountain Terroir In Every Sip
Charis Winery & Distillery believes it is critically important that our wines and spirits express the unique terroir of our surroundings. Committed to agricultural sustainability, the company sources all raw materials – including heirloom grains, grapes, and even the oak for our barrels – within a 65 mile radius of our production location.
Only 27 days remain till campaign close.
03.17.23
Only 30 Days remain in campaign, Invest Today
With only 30 days remaining, we invite you to invest today! We are making the many preparations to launch our production upgrades this summer... 2023 is shaping up to be a wild ride, come join in today!
03.16.23
Upcoming Bourbon Release!
Charis Winery & Distillery will be releasing our Cumberland Bourbon June 1st. The grain bill is Bloody Butcher corn, Ohio Blue corn and Rye. Sooooooo Good!!!!
03.13.23
Prepping for Still Upgrade
We are working on preparing to upgrade our still. This upgrade will improve production so that we can better supply our growing customer base!
03.10.23
Prepping for Expansion
Charis Winery & Distillery inspecting latest load of barrels. Getting ready to fill with Charis Bourbon and Mt. Maryland Rye whiskey! We will be increasing the barrel count this year and expanding distribution.
02.28.23
Charis Winery & Distillery Release of new Reds and Rose'
Charis Winery & Distillery announces the release of our small batch barrel aged Petit Verdot and Pinot Noir as well our Rose'.
02.24.23
$30K Raised Thank You
02.22.23
New Product Release, Gin
Charis Winery & Distillery releases its 2023 Mt. Maryland Gin!
Stack Owner's Bonus & Rewards!
Members get an extra 10% shares in addition to rewards below!
REWARDS
$249
Earn 10% Bonus Shares
Earn 10% bonus shares in this investment and all eligible investments for an entire year. If you are not already an Owners bonus holder, you can join now, for $275, billed annually.
$500
Tier 1 Perk
Invest $500+ and receive membership in the Charis Investors Club.
$1,000
Tier 2 Perk
Invest $1000+ and receive Charis Logo laser etched wine glass (set of 2) + Tier 1 Perks
$2,500
Tier 3 Perk
Invest $2,500+ and receive Glencarin whiskey glass (set of 2) + Tier 1 and 2 Perks
$5,000
Tier 4 Perk
Invest $5,000+ and receive Charis picnic Backpack, Tier 1, 2, and 3 Perks + 5% bonus shares
$25,000
Tier 5 Perk
Invest $25,000+ and receive Glencarin whiskey glass (set of 4), Tier 1, 2, 3, and 4 Perks + 10% bonus shares
$50,000
Tier 6 Perk
Invest $50,000+ and receive engraved Investor Club Desk Plaque and Tier 1, 2, 3, 4, and 5 Perks + 15% bonus shares
JOIN THE DISCUSSION
0/2500
HOW INVESTING WORKS
Cancel anytime before 48 hours before a rolling close or the offering end date.
WHY STARTENGINE?
REWARDS
We want you to succeed and get the most out of your money by offering rewards and memberships!
SECURE
Your info is your info. We take pride in keeping it that way!
DIVERSE INVESTMENTS
Invest in over 200 start-ups and collectibles!
With Regulation A+, a non-accredited investor can only invest a maximum of 10% of their annual income or 10% of their net worth per year, whichever is greater. There are no restrictions for accredited investors.
With Regulation Crowdfunding, non-accredited investors with an annual income or net worth less than $124,000, are limited to invest a maximum of 5% of the greater of those two amounts. For those with an annual income and net worth greater than $124,000, he/she is limited to investing 10% of the greater of the two amounts.
At the close of an offering, all investors whose funds have “cleared” by this time will be included in the disbursement. At this time, each investor will receive an email from StartEngine with their Countersigned Subscription Agreement, which will serve as their proof of purchase moving forward.
Please keep in mind that a company can conduct a series of “closes” or withdrawals of funds throughout the duration of the campaign. If you are included in that withdrawal period, you will be emailed your countersigned subscription agreement and proof of purchase immediately following that withdrawal.
StartEngine assists companies in raising capital, and once the offering is closed, we are no longer involved with whether the company chooses to list shares on a secondary market, or what occurs thereafter. Therefore, StartEngine has no control or insight into your investment after the close of the live offering. In addition, we are not permitted to provide financial advice. You may want to contact a financial professional to discuss possible investment outcomes.
For Regulation Crowdfunding, investors are able to cancel their investment at any point throughout the campaign up until 48 hours before the closing of the offering. Note: If the company does a rolling close, they will post an update to their current investors, giving them the opportunity to cancel during this timeframe. If you do not cancel within this 5-day timeframe, your funds will be invested in the company, and you will no longer be able to cancel the investment. If your funds show as ‘Invested’ on your account dashboard, your investment can no longer be canceled.
For Regulation A+, StartEngine allows for a four-hour cancelation period. Once the four-hour window has passed, it is up to each company to set their own cancelation policy. You may find the company’s cancelation policy in the company’s offering circular.
Once your investment is canceled, there is a 10-day clearing period (from the date your investment was submitted). After your funds have cleared the bank, you will receive your refund within 10 business days.
Refunds that are made through ACH payments can take up to 10 business days to clear. Unfortunately, we are at the mercy of the bank, but we will do everything we can to get you your refund as soon as possible. However, every investment needs to go through the clearing process in order to get sent back to the account associated with the investment.
Both Title III (Regulation Crowdfunding) and Title IV (Reg A+) help entrepreneurs crowdfund capital investments from unaccredited and accredited investors. The differences between these regulations are related to the investor limitations, the differing amounts of money companies are permitted to raise, and differing disclosure and filing requirements. To learn more about Regulation Crowdfunding, click here, and for Regulation A+, click here.
