What is Modist Brewing?
Modist Brewing is a distinctive player in the beverage industry, recognized for its dual focus on craft beer and THC-infused beverages. Leveraging Minnesota's only Mash Filter, the company emphasizes creativity and experimentation in its product development. Its offerings span a wide spectrum, including various IPAs, stouts, and innovative cannabis-based drinks. Beyond its product line, Modist Brewing operates as a social hub, hosting events and providing a venue for private gatherings, thereby engaging both traditional beer aficionados and the emerging market for cannabis beverages. Situated in Minneapolis's North Loop, the brewery is committed to delivering unique and memorable drinking experiences.
How much funding has Modist Brewing raised?
Modist Brewing has raised a total of $150K across 1 funding round:
Debt
$150K
Debt (2020): $150K with participation from PPP
What's next for Modist Brewing?
The company's recent large-scale, late-stage funding context suggests a strategic pivot towards scaling operations, expanding market reach, or potentially developing new product lines. This infusion of capital is likely earmarked for enhancing production capabilities, strengthening distribution networks, and further innovating its craft beer and THC beverage portfolio. Modist Brewing's strategic investment indicates confidence from stakeholders in its business model and its capacity to capitalize on evolving consumer preferences in both the craft alcohol and alternative beverage sectors.
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