GET A PIECE OF EL HEMPE
Unmask the flavor!
$178,720.68 Raised
REASONS TO INVEST
We feel our unique beverages are positioned to capitalize on the growing ready-to-drink cocktail, tequila, and cannabis markets. The RTD cocktail market is estimated to surpass $2.17 billion by 2028, the tequila industry is estimated to grow to $24.19 billion by 2031, and cannabis sales in the U.S. were expected to reach approximately $21.6 billion in 2021.
El Hempe is one of the first companies to use botanical aromatic terpenes as an ingredient in their cocktails while maintaining a low-calorie and carb ratio that anyone can enjoy.
El Hempe is spearheaded by a stalwart team of spirits and cannabis industry veterans that are dedicated to our goal of expanding El Hempe nationwide.
Overview
A poly-hyphenated drink for poly-hyphenated people
El Hempe has been curated to be a challenger brand - going against the status quo of the booming ready-to-drink cocktail market. After two years of R&D, El Hempe was born featuring the essential oils extracted from cannabis plants, terpenes.
Our team has extensive background in the cannabis industry, which has helped us understand that El Hempe has created a bridge between the spirits industry and the cannabis industry by using aromatic terpenes that replicate flavors and aromas of cannabis.
These lemony, floral oils merged with the grassy notes of tequila produce a wholly delicious and unique beverage - an interesting mix.
The Problem & Our solution
Many liquor companies see cannabis as a means to lose market share; We see it as an opportunity to make a great-tasting beverage and to create an opportunity for liquor companies*
The RTD cocktail market is saturated with seltzers, many of which we feel are seasonal, have similar taste profiles, and are typically branded toward a stereotypical consumer. El Hempe challenges these conventions by incorporating terpenes into El Hempe beverages. We believe we are one of the first companies to bridge the gap between the spirit and cannabis worlds.
Our current products are offered in three delicious flavors: Lemon Lime, Mixed Berry, and Hibiscus. Not to mention, our tequila is 100% traditional and authentic sourced from one of the most respected distilleries in Mexico - Familia Orendain in Tequila, Jalisco.
We didn’t just inject terpenes into our beverages, we also injected attitude. El Hempe is for the raw and the real; we’re a forward-thinking brand born from generations of traditional Mexican craft Tequila makers but bred in the streets of “East Los” where anyone from any culture or orientation can enjoy our amazing taste. El Hempe must be experienced to understand it. We’re anti-claw. We’re un-truly!
the market & Our Traction
We’ve secured distribution in three states and are critically acclaimed around the nation
Cannabis sales in the U.S. were expected to reach $21.6 Billion in 2021, with cannabis beverage sales comprising around $210 Million of that total (source). El Hempe beverages do not contain any THC or CBD; however, we feel our products resonate with cannabis-curious consumers through the gentle terpene aromas. Furthermore, we’ve seen the total volume sales of spirit-based RTD cocktails increase by 226% from 2016 to 2021 (source), while hard seltzers led growth at 142% and spirits-based cocktails grew to 115% between 2019 and the first half of 2021 (source, source). Pre-mixed cocktails and spirits-based seltzers accounted for just over $1 Billion in off-premise sales over the 52 weeks ending November 28, 2021 (source).
El Hempe aims to take advantage of the huge market opportunities across the RTD cocktails, tequila, and cannabis industries. We are one of the first companies to use botanical aromatic terpenes, while also maintaining low-calorie, carb, and sugar counts. As these verticals continue to grow, we believe our distinctive approach to sparkling tequila primes us to disrupt these booming markets.
Unlike many of our competitors that typically offer cocktail beverages that are malt or wine-based, El Hempe is strictly tequila based providing a great-tasting, gentle aromatic beverage, without the bitter alcohol taste.
Don't just take our word for it though - we are proud to have won both silver and gold in our category at the Denver International Spirits Competition, and won silver and bronze awards, in tequila, at the 2022 San Diego Spirits Festival.
We have secured distribution in California, Nevada, and Oregon, and are in the process of locking down distributors in Hawaii, Arizona, Illinois, Michigan, and Texas. Equally as important, El Hempe has been approved for sale at Total Wine and Spirits.
Why Invest
We are aiming to capitalize on the explosive growth of the ready-to-drink, tequila, and cannabis markets
We created El Hempe because we saw an opportunity to introduce a unique drink into the RTD cocktail market. El Hempe challenges tradition the same way our team members and customers have.
Because El Hempe combines the massive markets of RTD cocktails, tequila, and cannabis (source, source, source), we believe El Hempe speaks to a wide range of consumers, not only positioning us to stand out on shelves but across these market industries.
We are dedicated to our mission of providing future-forward beverages to consumers who want to take an active role in shaping the new world.
Let's prove that we can push the boundaries of ready-to-drink cocktails and embrace our originality. Invest in El Hempe today!
ABOUT
HEADQUARTERS
11565 S.W. 67th Avenue
Portland, OR 97223
WEBSITE
View Site
We believe that El Hempe is one of the first ready-to-drink (RTD) sparkling tequila cocktails that feature the aromatic terpenes of cannabis. Our THC and CBD-free drinks combine the herbaceous terpenes of cannabis with the smooth, crisp taste of sparkling tequila to create a delicious beverage that bridges the cannabis and cocktail worlds. El Hempe comes in three delicious flavors that anyone can enjoy any time of the year.
TEAM
Anthony J. Bash
Director, Chief Executive Officer, President
After Nike sales, he became the founding vice president of marketing at Avia Athletic Footwear. He was responsible for creating the brand & sales strategies that grew the company to 120 million dollars in sales in its first 4 years.
Six years as VP of marketing at Pepsi corporate, Bash managed national ad agencies, created new product launches, managed media/media buys, excelled at co-op advertising, and managed brand teams.
At NEXTLINK Interactive, a Craig McCaw company, Mr. Bash served as the VP of Marketing where he created a marketplace for interactive voice in the national marketplace. The company today is XO Communications.
Mr. Bash created Braintank, a local company that created Web sites for international companies. In its first year Braintank merged with e-Media, one of the largest companies streaming video and audio on the Internet. As senior vice president of marketing and general manager for the West Coast, he managed all marketing and communications efforts and was a part of the team that raised $40 million dollars.
Mr. Bash was the CMO for CypherEdge Technologies, a mobile technology company based in Bellevue, WA from 2005 to 2008. CypherEdge primarily creates new methods for creating cellular and wi-fi marketing campaigns for large consumer product companies.
(2008-2009), Tony assisted a Portland based ad agency as the SVP of Marketing and Business Development for Pop Art; www.popart.com, one of the country’s largest interactive agencies.
Charles E. Harrell
Director, Chief Legal Officer, Secretary
Joseph R. Ragazzo
Director, Chief Revenue Officer
Efrain Romo
Chief Marketing Officer
Justin Hale
Chief Operations Officer
TERMS
El Hempe
Overview
PRICE PER SHARE
$2.67
DEADLINE
Jun 27, 2023
VALUATION
$10.8M
FUNDING GOAL
$10k - $1.23M
Breakdown
MIN INVESTMENT
$237.63
MAX INVESTMENT
$1,234,992.48
MIN NUMBER OF SHARES OFFERED
3,745
MAX NUMBER OF SHARES OFFERED
462,544
OFFERING TYPE
Equity
ASSET TYPE
Common Stock
SHARES OFFERED
Common Stock
Maximum Number of Shares Offered subject to adjustment for bonus shares
*Maximum number of shares offered subject to adjustment for bonus shares. See Bonus info below.
Amount Based Bonus
Tier 1 - $1,000 – Invest $1,000+ and receive a hat, a 4 pack of product, and stickers/misc swag
Tier 2 - $5,000 – Invest $5,000+ and receive a two (2) 4 packs (flavor TBD by El Hempe and all the above
Tier 3 - $10,000 – Invest $10,000+ and receive a 4 pack of each flavor and a call with CEO, Tony Bash.
Time Based Bonus
Friends and Family Early Bird Perks
Invest Within The First 24 Hours and Receive 15% Bonus Shares.
Super Early Bird Perks
Invest Within The Next 72 hours and Receive 10% Bonus Shares.
Early Bird Bonus Perks
Invest Within The Next 7 days and Receive 5% 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
El Hempe Spirits, Inc.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 $2.67/ share, you will receive 110 shares of Common Stock, meaning you'll own 110 shares for $267. 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
The Company might incur Irregular Use of Proceeds that may include but are not limited to the following over $10,000: Vendor payments. Any expense labeled “Travel and Entertainment”. Inter company debt or back payments.
ALL UPDATES
Stack Owner's Bonus & Rewards!
Members get an extra 10% shares in addition to rewards below!
REWARDS
JOIN THE DISCUSSION
0/2500
Thomas Christian
7 months ago
Hey! Are you cash flow positive and have any debt? Thank you
0
0
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.
Jose Rivas
7 months ago
0
0