Ronald Snyder
Ottawa, ON (CAN)
Role(s):
Founder/Owner/Principal
Xphoria Spirits Inc.
Find More Startups
Startup
Location:
Ottawa
Industry:
Other
Year Founded:
2018
Number Employees:
1-10 people
Business Stage:
Growth (not profitable)
Entity Type:
"C" Corporation
Description:
Xphoria Spirits is a multiple award-winning spirits company that produces a line of flavored vodkas, gins & whiskeys and a unique product that has attracted global interest called "The Stacker - three bottles stacked one on top of each other containing different flavored spirits.
Our global focus is on large-scale liquor retail chains, national & international distributors, duty-free shops, resorts, cruise lines and online liquor delivery.
Basis for equity infusion: The outsourcing of our distillation and bottling processes results in reduced profit margins. The equity infusion would enable the distillation and bottling processes to be brought 'in-house' to generate higher profit margins.