Forbidden Spirits Distilling Corp. (TSXV: VDKA)

Summary

Forbidden Spirits Distilling Corp. is a fast-growing craft distillery headquartered in Kelowna, BC and trades under the ticker symbol VDKA on the TSX Venture Exchange. Forbidden Spirits currently manufactures and distributes a portfolio of ultra-premium brands including: REBEL Vodka, Eve’s Original Gin, Adam’s Apple Brandy, Forbidden Fire, Forbidden Spirits Vodka and Wallace Hill Whisky.

Stock Chart

Share Structure

As at December 20, 2021

Shares Issued 56,980,000
        Warrants 1,800,000
        Options 5,698,000
Fully Diluted 64,478,000

Investment Highlights

  • The market price of “VDKA” is currently trading at a significant discount to the RTO/IPO price of $0.30 a share.
  • The company is well funded having recently raised $3.6mm in December of 2021.
  • The Company is starting to execute on its growth and expansion plans having announced distribution agreements in Mainland China, Hong Kong and Macau; as well as warehouse and distribution agreements in Amsterdam and Berlin.
  • The Company has recently filed a letter of intent to acquire 100% of the shares in Niagara Falls Craft Distillers.

Products:

REBEL Vodka

Adam’s Apple Brandy

Eve’s Original Gin

Forbidden Vodka

Wallace Hill Whisky

Management Profiles

Blair Wilson President & CEO

Entrepreneurial vision for brand building with CEO drive for expansion and growth and CPA focus on revenue and cash flow.

Terese Gieselman Chief Financial Officer

Over 35 years of international and public company experience.

Mike Sculfor Manager of E-Commerce & Tasting Room Sales

Industry specific expertise and international finance experience.

Suzanne Jones Director of Operations

Keeping all the corporate wheels aligned and accelerating is her mission.

Cara Wilson Lang Director of Branding & Communications

One message and one purpose: continuously produce world class spirits.

Ruab Waraich Mergers & Acquisitions Specialist

Driven to produce tangible results for the company.