Westbound & Down Brewing in Lafayette, Colorado is taking a different approach with its crowdfunding campaign compared to other craft breweries in the state. Instead of traditional platforms like Kickstarter or GoFundMe, they are offering investments through “regulation crowdfunding” to raise up to $1.24 million for expanding their beer production, distribution, and opening new brewpubs.
The craft beer industry in Colorado is facing challenges, with beer production dropping and brewery closures increasing. However, Westbound & Down is experiencing high demand for its beer, leading to the need for expansion. The brewery has already made significant investments in equipment and upgrades to increase brewing capacity.
With a focus on quality and a plan to scale up production, Westbound & Down is positioning itself as a leader in the Colorado craft beer scene. The brewery has a strong track record of awards and accolades, and aims to expand its sales into other states and open more brewpubs, starting with Denver.
Overall, Westbound & Down’s crowdfunding campaign offers a unique opportunity for investors to support a successful and growing craft brewery. The company’s commitment to quality and innovation sets it apart in a competitive industry.