PORTLAND, Nov. 15, 2016 /PRNewswire/ -- Eastside Distilling, Inc. (OTCQB: ESDI), the Portland, Oregon-based producer of award-winning craft spirits, today announced it has shipped its first order to the Liquor Control Board of Ontario (LCBO), for the company's flagship product, Burnside Bourbon. The entry into Canada marks an important milestone in the company's expansion to markets inside the United States and international.
"This order by the Liquor Control Board of Ontario is a testament to our efforts to expand the Eastside distribution base beyond our core roots of Portland, into additional markets both domestically and internationally," said Eastside Distilling's CEO, Steven Earles. "As the largest market in Canada and our first international order, it represents a milestone for Eastside. We are extremely pleased to bring the consumers of Ontario, Canada our flagship 4-year-old, barrel-aged Burnside Bourbon and are optimistic that the LCBO will add additional brands from our award-winning line up as we move forward."
About the LCBO (Liquor Control Board of Ontario)
The LCBO is an Ontario government enterprise and one of the world's largest buyers and retailers of beverage alcohol with ~7,850 full-time and casual employees. Through more than 650 retail stores, catalogues, special order services and more than 210 agency stores, which provide cost effective, convenient and socially responsible access for rural consumers, the LCBO offers nearly 24,000 products annually to consumers and licensed establishments from more than 80 countries. For more information visit: http://www.lcbo.com
About Eastside Distilling
Eastside Distilling, Inc. (OTCQB: ESDI) is located in Southeast Portland's Distillery Row, and has been producing high-quality, master crafted spirits since 2008. Makers of award winning spirits, the company is unique in the marketplace and distinguished by its highly decorated product lineup that includes Barrel Hitch American Whiskies, Burnside Bourbon, Below Deck Rums, Portland Potato Vodka, and a distinctive line of infused whiskeys. All Eastside spirits are master crafted from natural ingredients for unparalleled quality and taste. The company is publicly traded under the symbolOTCQB: ESDI. For more information, visit: www.eastsidedistilling.com or follow the company on Twitter and Facebook.
Important Cautions Regarding Forward-Looking Statements
Certain matters discussed in this press release may be forward-looking statements. Such matters involve risks and uncertainties that may cause actual results to differ materially, including the following: changes in economic conditions; general competitive factors; the Company's ability to continue as a going concern; acceptance of the Company's products in the market; the Company's success in obtaining new customers; the Company's ability to obtain additional capital, the Company's success in product development; the Company's ability to execute its business model and strategic plans; the Company's success in integrating acquired entities and assets, and all the risks and related information described from time to time in the Company's filings with the Securities and Exchange Commission, including the financial statements and related information contained in the Company's Annual Report on Form 10-K for the year ended December 31, 2015 filed with the Securities and Exchange Commission on April 13, 2016 . The Company assumes no obligation to update the cautionary information in this release.
Company Contact:
Eastside Distilling
Tel 971-888-4264
[email protected]
Investor Contact:
Robert Blum, Joe Diaz or Joe Dorame
Lytham Partners, LLC
(602) 889-9700
[email protected]
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SOURCE Eastside Distilling, Inc.
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