The Outbound Brewing offering is now closed and is no longer accepting investments.

Outbound Brewing

Hemp CBD Non-Alcoholic Craft Beer

Outbound Brewing

Hemp CBD Non-Alcoholic Craft Beer

San Diego, CA
Food & Beverage
Consumer Products
Outbound Brewing offers a portfolio of nonalcoholic craft beverages, including three CBD-infused beverages, brewed to perfection using high quality, simple ingredients and the care that only comes with small batch brewing.

$29,732

raised
43
Investors
$10M
Valuation
$27.97
Price per Share
$279.70
Min. Investment
Common
Shares Offered
Equity
Offering Type
$1.07M
Offering Max
0
Days Left

$29,732

raised
43
Investors
$10M
Valuation
$27.97
Price per Share
$279.70
Min. Investment
Common
Shares Offered
Equity
Offering Type
$1.07M
Offering Max
0
Days Left
This offering ended on April 11, 2020 and is no longer accepting investments.

Rewards

Get rewarded for investing more into Outbound Brewing:

$279+
Investment
StartEngine Owner’s Bonus
This offering is eligible for the StartEngine Owner’s 10% Bonus program. For details on this program, please see the Offering Summary section below.
$500+
Investment
First Volume Tier
$500+ | Custom Investor Pint Glass + sample pack (3 beers)
$1,000+
Investment
Second Volume Tier
$1,000 | 2 Custom pint glasses, koozie, 6 pack
$2,500+
Investment
Third Volume Tier
$2,500+ | 3 pint glasses, koozie, hat, 12 pack beer
$5,000+
Investment
Fourth Volume Tier
$5,000+ | - pint glass, koozie, bottle opener, hat, case of beer +5% bonus shares
$10,000+
Investment
Fifth Volume Tier
$10,000+ | All swag above, case of beer, 10% bonus shares
$20,000+
Investment
Sixth Volume Tier
$20,000+ | All swag above, 2 cases of beer, +15% bonus shares
$50,000+
Investment
Seventh Volume Tier
$50,000+ | Invitation (for 2 people) to "Meet the Founders" beer tasting event in San Diego + all swag above +15% bonus
$100,000+
Investment
Eighth Volume Tier
$100,000+| Invitation (for 4 people) to "Meet the Founders" beer tasting event in San Diego + all swag above +15% bonus

Reasons to Invest

Outbound is the first hemp CBD infused nonalcoholic beer available in mainstream markets.
The CBD market is projected to grow with a CAGR of 32.6% (Grand View Research) and craft beer with a 13.7% CAGR (Zion Market Research) through 2025
The Non-alcoholic drinks market size was valued at $1,548 billion in 2015, and is estimated to grow at a CAGR of 4.4% to reach $2,090 billion by 2022

Our Story


 A brewery built on consumer feedback 

Outbound Brewing is the second company created by our founding team. The original, one of the first legal THC-infused beverage companies in the country, revealed the growing consumer demand for non-alcoholic beverage alternatives. We consistently encountered positive feedback on the craft quality and flavor profiles for our original offerings, as well as ongoing demand for non-alcoholic and CBD versions of our brews.

Outbound is our new venture designed to serve and satisfy those requests and to redefine the adult beverage space in a whole new way. We uphold an unwavering commitment to taste, quality, sustainability and customer satisfaction in all that we do.

The Problem


 The current non-alcoholic beer market is limited and doesn’t serve the growing health-forward population

Consumers are trending heavily towards healthier lifestyles. A huge pillar of this shift is ‘mindful drinking’ and the subsequent demand for innovative, hangover-free beverages that don’t cut corners on taste, quality and values.

Through consumer/market feedback with another company, we connected with an ever- growing body of consumers who enjoy the taste of craft beer but prefer to skip alcohol for any number of personal and/or health reasons, as well as consumers seeking function/added benefit in their beverages. However, the current nonalcoholic beer market is extremely limited, falling short on flavor and uniqueness. Consumers choosing not to drink alcohol often face discomfort and/or stigma in social settings. 


Additionally, while there is a huge consumer demand for CBD/hemp products, many products on shelves today are labeled as containing CBD or hemp extract but are not tested to confirm actual levels of active ingredients. Testing reveals that customers are often not receiving the desired compounds they expect/are paying for.

The Solution


 Disrupting an uninspired market with low-calorie, craft brewed, functional CBD beer 

We created Outbound Brewing - a values-driven company that offers a portfolio of nonalcoholic craft brews allowing consumers to craft their own journey. This includes a line of CBD-infused beverages as well as non-infused offerings. Our beverages meet the demands of a range of customers, from those who want to explore different craft beers to those who want to abstain from alcohol, to others looking to incorporate CBD into their life.

Our brand is built on pillars of inclusion, adventure, individuality and sustainability, where drinking craft brews looks, feels and tastes exactly how you want it to.

The Market


 Generational shifts towards health-consciousness and the booming CBD opportunity 

Our desire to create Outbound is supported by market research indicating the significant white space for functional, interesting beverage options that prioritize health and quality, rather than calories, sugar and artificial flavors. We are seeing growing increases in consumer demand for beneficial beverages, as well as shifts towards lower or more moderate alcohol consumption and ‘mindful drinking.’ The flavor of craft beer continues to be loved, but coupled with these trends, the time is ripe for disruption and innovation.

CBD is one of the fastest growing health supplements and evidence suggests that it can improve health and wellness in a variety of ways. Early research indicates potential positive benefits for those dealing with pain, inflammation, sleep issues and other health challenges.

The markets for CBD, craft beer and non-alcoholic beer are growing, and fast. The CBD market is projected to grow up to $20 billion by 2024. Craft beer has rapidly grown over the last few decades and now occupies a quarter of the beer market. And finally, the U.S. non-alcoholic beer and wine market will grow over $10 billion to around $33.4 billion by 2025. These promises of growth mean that the market is primed for a product like ours.

Our Traction


 Significant experience in the cannabis-infused beer market 

Our founders have been in the cannabis market since its legalization. Creating our trailblazing first product, California’s first non-alcoholic, THC-infused beer, taught us invaluable lessons that position us to succeed as we launch this new company. We also have considerable experience working with regulatory bodies on new product categories.

What We Do


 Offering the mainstream market’s first nonalcoholic craft beer infused with broad spectrum hemp-derived CBD 

Outbound provides hydrating, functional beverages that provide the flavor and experience of a craft beer without the negative side-effects of alcohol. Outbound currently offers three refreshing, delicious styles to choose from, both infused with 20mg of organic broad spectrum hemp extract, as well as completely non-infused options. All beers are only 30 calories and contain zero added sugar.

We offer a wide variety of flavor profiles and taste to break the norm related to stale, uninteresting non-alcoholic beers.


From Pale Haze, inspired by a classic pale ale recipe and brewed with Cascade and Amarillo hops from the Pacific Northwest -- a uniquely refreshing combination with a smooth finish and crisp effervescence, to Grapefruit Haze, a fresh, slightly tart crowd-pleaser-- we look to continue our bold flavor expansion.

The Business Model


 We have the perfect product for evolving tastes and customization 

Our primary source of revenue will be from the sale of our product, nonalcoholic craft brews infused with organic broad spectrum hemp extract. These sales will be either direct-to-retailer or sold through a wholesale distributing company as we scale throughout the country. We plan to also promote our company through branded merchandise sales, leveraging our unique voice of refreshingly different beverage experience.

How We Are Different


 We are the first brewing company to infuse nonalcoholic beers with broad spectrum hemp extract 

Outbound is blazing new trails with our products, as we are the first nonalcoholic (NA) craft brew to be infused with broad spectrum hemp extract (containing CBD).  The NA brewing process/recipes and infusion knowledge gained through years of R&D for the legal cannabis marketplace in California is seamlessly translated to this brand new company, giving us an edge that other brands lack.

Our desire for quality and consistency has allowed us to brew the tastiest NA beer available on the market. Additionally, there are extremely limited numbers of breweries (roughly 12 craft & 9 macro) offering NA products at this time, none of which are infused with any cannabinoids or other functional ingredients. In addition, we have carefully sourced our organic, broad spectrum hemp extract to ensure quality in every batch we brew.

The Vision


 Outbound can be a category captain for functional brews 

We are extremely proud of our first six offerings, and we look forward to continued exploration and innovation. We plan to continue providing our current and future consumers the best CBD beers available while we experiment with new recipes, infusions and ingredients. And as the CBD, nonalcoholic and functional beverage markets grow exponentially, our consumer base will follow suit.

We have a strong gross profit margin of 39% and anticipate that our revenue will grow as we continue to scale around the country. We will be performing a tiered rollout of our brand as we continue to scale, leveraging the growing wave of excitement around the CBD space. This is one of the main reasons our product will continue to grow, as we will constantly be positioned to enter new markets with quality products as soon as allowed.

Our Team


 Diverse backgrounds and top-tier advisors with experience in cannabis 

Our founding team joined forces in 2017 and successfully launched one of the first legal THC-infused beverage companies in the country. Producing a range of completely compliant, high quality and innovative products in one of the most complex emerging markets in the world, this team is able to crack the code whenever challenges arise.  

Coming from a variety of industries (including food/bev, supplements, health, small box retails, convenience retail, real estate, technology and sustainability), the team’s broad experience and focus on innovation, staying nimble and collaboration have set us up for success. We are also armed with a group of best-in-class advisors in CPG sales, brand/marketing, design, R&D, finance and brewing.

Why Invest


 Our product is designed for the precise needs of customers and offers a chance for you to get involved with cannabis 

Our consumers are our lifeblood -- we created Outbound as a direct response to consumer feedback, so inviting our community to be a part of our business is a no brainer for us. We see this as a movement, towards better products and better ways of doing business, and we want to open that up to those that share our beliefs. There are also many barriers to entry in both the CBD/hemp/cannabis space as well as traditional alcohol channels, and investing in us through StartEngine is a way to break in and get involved.

Offering Summary


Company

:

Outbound Brewing Inc.

Corporate Address

:

6364 Ferris Square, San Diego, CA 92121

Offering Minimum

:

$9,985.29

Offering Maximum

:

$1,069,992.35

Minimum Investment Amount

(per investor)

:

$279.70











Terms


Offering Type

:

Equity

Security Name

:

Common Stock

Minimum Number of Shares Offered

:

357

Maximum Number of Shares Offered

:

38,255

Price per Share

:

$27.97

Pre-Money Valuation

:

$9,999,275.00











*Maximum Number of Shares Offered subject to adjustment for bonus shares. See Bonus info below.

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.

Perks* and Investment Bonuses

Early Bird

First 48 hours - Friends and Family Early Birds | 15% bonus shares

Next 5 days - Early Bird Bonus | 10% bonus shares

Volume

$500+ | Custom Investor Pint Glass + sample pack (3 beers)

$1,000 | 2 Custom pint glasses, koozie, 6 pack

$2,500+ | 3 pint glasses, koozie, hat 12 pack beer

$5,000+ | - pint glass, koozie, bottle opener, hat, case of beer +5% bonus shares

$10,000+ | All swag above, case of beer, 10% bonus shares 

$20,000+ | All swag above, 2 cases of beer, +15% bonus shares 

$50,000+ | Invitation (for 2 people) to "Meet the Founders" beer tasting event in San Diego + all swag above +15% bonus

$100,000+| Invitation (for 4 people) to "Meet the Founders" beer tasting event in San Diego + all swag above +15% bonus

*All perks occur when the offering is completed.

The 10% Bonus for StartEngine Shareholders

Outbound Brewing 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 $27.97 / share, you will receive 110 shares of common stock, meaning you'll own 110 shares for $2797. 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 investors 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 only receive a single bonus, which will be the highest bonus rate they are eligible for.

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: Inter company debt or back payments.

Show More
Most recent fiscal year-end:
Prior fiscal year-end:
Total Assets
$41,605.00 USD
$0.00 USD
Cash And Cash Equivalents
$0.00 USD
$0.00 USD
Accounts Receivable
$0.00 USD
$0.00 USD
Short Term Debt
$469,734.00 USD
$0.00 USD
Long Term Debt
$0.00 USD
$0.00 USD
Revenues And Sales
$0.00 USD
$0.00 USD
Costs Of Goods Sold
$0.00 USD
$0.00 USD
Taxes Paid
$0.00 USD
$0.00 USD
Net Income
-$78,165.00 USD
$0.00 USD

Risks

A crowdfunding investment involves risk. You should not invest any funds in this offering unless you can afford to lose your entire investment. In making an investment decision, investors must rely on their own examination of the issuer and the terms of the offering, including the merits and risks involved. These securities have not been recommended or approved by any federal or state securities commission or regulatory authority. Furthermore, these authorities have not passed upon the accuracy or adequacy of this document. The U.S. Securities and Exchange Commission does not pass upon the merits of any securities offered or the terms of the offering, nor does it pass upon the accuracy or completeness of any offering document or literature. These securities are offered under an exemption from registration; however, the U.S. Securities and Exchange Commission has not made an independent determination that these securities are exempt from registration.


Updates

Final chance to invest in Outbound Brewing!

11 months ago

LAST CALL: Our StartEngine campaign ends tomorrow! 


Be sure to take advantage of this unique opportunity to invest in a revolutionary, functional nonalcoholic craft brewing company. 


Thanks to all of our supporters!  We look forward to crafting this adventure with you by our side.


Cheers,

Team Outbound 

Notice of Funds Disbursement

11 months ago

[The following is an automated notice from the StartEngine team].

Hello!

As you might know, Outbound Brewing has exceeded its minimum funding goal. When a company reaches its minimum on StartEngine, it's about to begin withdrawing funds. If you invested in Outbound Brewing be on the lookout for an email that describes more about the disbursement process.


This campaign will continue to accept investments until its indicated closing date.


Thanks for funding the future.

-StartEngine

Notice of Funds Disbursement

about 1 year ago

[The following is an automated notice from the StartEngine team].

Hello!

As you might know, Outbound Brewing has exceeded its minimum funding goal. When a company reaches its minimum on StartEngine, it's about to begin withdrawing funds. If you invested in Outbound Brewing be on the lookout for an email that describes more about the disbursement process.


This campaign will continue to accept investments until its indicated closing date.


Thanks for funding the future.

-StartEngine

Notice of Funds Disbursement

about 1 year ago

[The following is an automated notice from the StartEngine team].

Hello!

As you might know, Outbound Brewing has exceeded its minimum funding goal. When a company reaches its minimum on StartEngine, it's about to begin withdrawing funds. If you invested in Outbound Brewing be on the lookout for an email that describes more about the disbursement process.


This campaign will continue to accept investments until its indicated closing date.


Thanks for funding the future.

-StartEngine

Outbound nominated for Beverage Industry Magazine Readers' Choice Awards!

about 1 year ago

Beverage Industry Magazine has nominated us for Best New Product award! 


Voting closes on 2/24 - be sure to vote for Outbound here: http://bit.ly/ReadersChoiceJan2020

Outbound debut at Texas Hemp Convention

about 1 year ago

We had a blast meeting with distributors, retailers and CBD industry leaders at the Texas Hemp Convention in Dallas last week. Thank you for the overwhelmingly positive feedback on our brand and brews -- can't wait for the show next year!

Notice of Funds Disbursement

about 1 year ago

[The following is an automated notice from the StartEngine team].

Hello!

As you might know, Outbound Brewing has exceeded its minimum funding goal. When a company reaches its minimum on StartEngine, it's about to begin withdrawing funds. If you invested in Outbound Brewing be on the lookout for an email that describes more about the disbursement process.


This campaign will continue to accept investments until its indicated closing date.


Thanks for funding the future.

-StartEngine

Outbound Brewing on CNN Business

about 1 year ago

Excellent, in-depth coverage by CNN Business on the Outbound Brewing story and future. 


Take a look here: https://www.cnn.com/2020/01/17/business/cannabis-branding-outbound-brewing/index.html

Cheddar TV Live Interview with Outbound COO

about 1 year ago

Check out our coverage on Cheddar TV regarding our Outbound product launch! 

https://cheddar.com/media/outbound-brewings-new-non-alcoholic-beverage-that-can-still-give-you-a-buzz

Show More Updates End of Updates

Comments ({{profileCtrl.startup.comments_count}} total)

{{profileCtrl.newComment.body.length}}/2500
Please sign in to post a comment.
{{ profileCtrl.commentsLoading ? 'Loading...' : 'Show More Comments' }}