Fundraising Fox

Maine Craft Distilling

Portland, US · Founded 2012 · Maine LLC · 1 known investors

Portland, Maine farm-to-flask distillery making small-batch spirits and canned ready-to-drink cocktails such as Blueshine Lemonade.

Also known as Maine Craft Distilling, LLC · MCD

Founders & leadership

DB
David BarberNamed on SEC filing
NL
Nathaniel L. DavidsonNamed on SEC filing
SG
Stephen GoldbergNamed on SEC filing
PM
Peter M. MurrayNamed on SEC filing
NL
Nathaniel Luke DavidsonNamed on SEC filing

Investors · 1

Reported raises · per SEC filings

Form D private placements

$1.5M disclosed across 5 rounds · 2014–2022

$251KraisedFeb 2022 · 5 investors · Manufacturing
Rule 506(b)
Officers, directors & promoters on the filing
  • Peter M. MurrayDirector
  • Stephen GoldbergDirector
  • Nathaniel L. DavidsonExecutive Officer, Director
  • David BarberDirector
Offering amount
$1.4M
Amount sold
$251K
Minimum investment
$6.3K
Proceeds to insiders
$226K
First sale
Feb 2022
Incorporated
Limited Liability Company, Maine
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$150KraisedMay 2019 · 7 investors · Manufacturing
Rule 506(b)
Officers, directors & promoters on the filing
  • David HolmesDirector
  • Stephen GoldbergDirector
  • Peter M. MurrayDirector
  • David BarberDirector
  • Nathaniel L. DavidsonExecutive Officer, Director
Amount sold
$150K
Minimum investment
$5K
First sale
May 2019
Incorporated
Limited Liability Company, Maine
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$330KraisedSep 2018 · 8 investors · Manufacturing
Rule 506(b)
Officers, directors & promoters on the filing
  • Stephen GoldbergDirector
  • Nathaniel L. DavidsonExecutive Officer, Director
  • David BarberDirector
  • Peter M. MurrayDirector
Amount sold
$330K
Minimum investment
$10K
First sale
Aug 2018
Incorporated
Limited Liability Company, Maine
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$522.8KraisedAug 2017 · 15 investors · Manufacturing
Rule 506(b)
Officers, directors & promoters on the filing
  • David BarberDirector
  • Nathaniel L. DavidsonExecutive Officer, Director
  • Stephen GoldbergDirector
  • Peter M. MurrayExecutive Officer, Director
Amount sold
$522.8K
Minimum investment
$3.4K
First sale
Aug 2017
Incorporated
Limited Liability Company, Maine
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$250KraisedJun 2014 · 8 investors · Manufacturing
Officers, directors & promoters on the filing
  • Nathaniel Luke DavidsonExecutive Officer, Director
Offering amount
$250K
Amount sold
$250K
Minimum investment
$12.5K
First sale
May 2014
Incorporated
Limited Liability Company, Maine, 2012
Federal exemptions
04
Full filing on SEC EDGAR ↗

Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.

Company profile

researched Aug 2026

Maine Craft Distilling is a Portland, Maine spirits producer founded in 2012 that makes small-batch, "farm-to-flask" distilled spirits and canned ready-to-drink cocktails. Its bottled portfolio has included gin, whiskey, rum, vodka and blueberry moonshine; flagship products are Blueshine Liqueur, a 35% ABV liqueur made from wild Maine blueberries infused into malt spirit and sweetened with Maine maple syrup, and Fifty Stone Single Malt Whiskey, produced from local barley, peated with local peat, fermented with wild yeast and matured at the Portland distillery.

In 2018 the company extended the brand into sparkling ready-to-drink cocktails built on its own spirits, produced and canned at the Portland facility. The RTD line centers on Blueshine Lemonade, a 7% ABV blueberry lemonade cocktail sold in slimline 12 oz cans as 4-packs and 8-packs, alongside Cranberry Island Cocktail, Maine Mule and variety packs, plus a newer 7% ABV no-sugar-added "Tasty Beverage" range. Ingredients cited for the canned line include MCD potato spirit, cane sugar, natural botanicals and carbonated water.

The company historically combined production with hospitality, operating the Maine Craft Distilling Public House at 123 Washington Avenue with a tasting room, gastropub menu and regular live music. That venue, open since 2017, closed permanently in early 2025, after which the business focused entirely on its canned cocktail operations while continuing retail distribution across Maine and the wider Northeast.

Founding story

Maine Craft Distilling was founded in Portland, Maine in 2012 by Luke Davidson and Fred Farber, with Davidson serving as founder and chief distiller. Davidson later took the distillery's best-selling bar cocktails and began packaging them in cans, which became the basis of the company's ready-to-drink line.

Business model

Maine Craft Distilling manufactures and sells bottled spirits and canned ready-to-drink cocktails, distributing through partner wholesalers into retail chains, grocery and on-premise accounts. Until 2025 it also operated a direct-to-consumer public house and tasting room at its Portland distillery, serving food, craft cocktails and live music. Reported blended margins across product lines were 46% as of the 2021 offering, with bottled spirits retailing at roughly $30-$50 and canned cocktails at $10-$14 for a four-pack and about $19 for an eight-pack.

Revenue comes from transactional sales of alcoholic beverages: bottled spirits and canned ready-to-drink cocktails sold through distributors and retailers, historically supplemented by on-site food and beverage sales at the company's public house and tasting room. Reported revenue was $2.6M in 2020, which the company described as profitable.

Traction

The company reported $2.6M of revenue in 2020, described as profitable, after growing revenue by about $1M year over year, with 14% growth in restaurant and retail, 19% in distilled spirits and 122% in RTD cocktails; Q1 2021 RTD growth was reported at 352% year over year. Distribution covered 10 states and ten distributors in 2021, including chains such as BJ's and Total Wine, expanding to 12 northeastern states by 2025, when the company expected to sell upwards of 120,000 cases of canned cocktails over the following twelve months and cited Nielsen data showing 32% revenue growth. Headcount was reported at 75 employees as of February 2024.

Latest developments

In 2025 the company named Joseph Swanson, a 20-year beverage-alcohol industry veteran previously with Harpoon Brewery, Allagash Brewing, Cold River and Martignetti Companies, as CEO, with founder Luke Davidson remaining in a creative leadership and operations role. The same period saw the launch of a no-sugar-added 7% ABV canned cocktail range and the permanent closure, in March 2025, of the Washington Avenue public house and tasting room, with the 10,000-plus square foot space to be listed for lease and company attention shifting entirely to canned cocktails.

Full profile — market position, technology, go-to-market, geography, history, risks & controversies

Market position

Maine Craft Distilling describes itself as one of the Northeast's small-batch distilleries and reports that its RTD brand is the third largest by volume and revenue in the New England grocery channel, with Blueshine Lemonade the top brand in dollars per store in New England grocery and its core variety pack the seventh largest variety pack by volume in that channel. The 2021 offering materials cited a $25B canned cocktail market and expected 26.5% RTD market growth from 2018 to 2023. Peer companies cited include Caledonia Spirits, Far North Spirits, District Distilling and Studio Distilling.

The company positions its spirits around Maine-sourced agricultural inputs and traditional small-batch methods, working with local farmers and using ingredients such as wild Maine blueberries, Maine maple syrup, local barley and local peat, and distilling its own base spirit for the canned cocktails rather than sourcing neutral alcohol. Its spirits have won awards at the Whiskies of the World and New York International Spirits competitions.

Technology

Production uses small-batch, artisanal distilling methods combined with modern techniques, with base spirits distilled in-house (including a potato-based spirit) and finished products blended and canned at the Portland distillery. Whiskey production includes on-site maturation, wild-yeast fermentation and peating with locally sourced peat.

Go-to-market

Products reach consumers through a network of wholesale distributors into grocery, chain and independent retail (including BJ's and Total Wine) and on-premise accounts, supported by a store locator on the company website. The company previously used its own distillery public house and tasting room as a direct consumer touchpoint, and raised capital directly from consumers and retail investors through a Regulation CF campaign on Republic.

Adult (21+) consumers of craft spirits and ready-to-drink cocktails, reached through grocery and liquor retail chains, independent stores and bars, primarily in New England and the wider Northeast.

Geography

Headquartered and producing in Portland, Maine. Distribution reached 10 states via ten distributor partners as reported in 2021, spanning New England, the Atlantic coast and the Midwest; as of the 2025 CEO announcement the footprint covered 12 states in the northeastern United States, with New England grocery as the core region.

History

The distillery was founded in 2012 by Luke Davidson and Fred Farber in Portland, Maine. By early 2015 it was producing seven spirits, from a traditional dry gin to blueberry moonshine, and operating a tasting room in Portland's Bayside neighborhood; the company collaborated with New England Distilling and Liquid Riot Bottling Company on special-edition rum batches commemorating the 1855 Rum Riot. In 2017 it opened its facility at 123 Washington Avenue, and in 2018 it launched a line of sparkling ready-to-drink canned cocktails. In 2021 it raised capital from 277 investors through a Regulation CF Crowd SAFE offering hosted by Republic, which closed on November 13, 2021. In 2025 Joseph Swanson was appointed CEO, succeeding founder Luke Davidson, and the company permanently closed its Washington Avenue public house and tasting room to concentrate on canned cocktails.

Risks & controversies

The company permanently closed its Portland public house and tasting room in early 2025 after a January pause, ending nearly a decade of hospitality operations at 123 Washington Avenue and narrowing the business to canned cocktails. The closure occurred amid a broader wave of restaurant closures in Portland.

Compiled by commissioned research from 8 cited public sources — announcements, filings, and press listed under research sources below.

Key figures

latest reported
Blended gross marginJan 202146%
Blueshine Lemonade distribution-footprint growth (YoY)Jan 202555%
Capital raised to date (company-stated)Jan 2021$1.7M
Distilled spirits business growth (YoY)Jan 202019%
EmployeesFeb 202475 employees
Expected canned cocktail case sales (next twelve months)Jan 2025120,000 cases
Investors in Reg CF offeringJan 2021277 investors
Number of distributor partnersJan 202110 distributors
Restaurant and retail business growth (YoY)Jan 202014%
Retail price, bottled spiritsJan 2021$30-$50 per bottle
Retail price, canned cocktailsJan 2021$10-$14 per 4-pack of 12 oz cans; about $19 per 8-pack
RevenueJan 2020$2.6M
RTD cocktail revenue growth (YoY)Jan 2020122%
RTD revenue growth (YoY, Nielsen)Jan 202532%
States with distributionJan 202512 states
Variety pack growth (YoY)Jan 202560%

Company-reported or press-reported figures, each dated to when it was claimed — not independently audited.

Competitors · 2

by search overlap

Companies competing with Maine Craft Distilling for the same Google search keywords, organic and paid, via search-intersection analysis.

Timeline · 5

launches, deals, and filings
Mar 2025
Permanent closure of Washington Avenue public house and tasting room

After pausing operations in January 2025, the company permanently closed its public house and tasting room at 123 Washington Ave in Portland, which had opened in 2017, and put the 10,000+ square foot space up for lease while continuing canned cocktail production.

source ↗

Jan 2025
Joseph Swanson appointed Chief Executive Officer

Joseph Swanson was hired as CEO, succeeding owner and founder Luke Davidson, who continued in a creative leadership and operations support role. Swanson previously worked at Harpoon Brewery, Allagash Brewing, Cold River (Maine Distilleries), Martignetti Companies and founded the consultancy Symposium Projects in 2021.

source ↗

Jan 2025
No-sugar-added 7% ABV Tasty Beverage line

The company launched a line of 7% ABV no-sugar-added canned cocktails sold in variety and solid packs.

source ↗

Nov 2021
Regulation CF offering on Republic closes

Maine Craft Distilling, LLC ran a Reg CF Crowd SAFE offering hosted by Republic (OpenDeal Portal LLC) with a deadline of November 13, 2021; the campaign page reports 277 investors.

source ↗

Jan 2018
Launch of sparkling ready-to-drink canned cocktail line

The company introduced a line of sparkling ready-to-drink craft cocktails made with its own spirits, produced and canned at its Portland distillery, initially spanning six flavor profiles.

source ↗

Dated company events from announcements, filings, and press; legal rows summarize public dockets and regulator releases.

Legal entities · 1

corporate structure
Maine Craft DistillingMaine

Research sources · 8

primary sources listed

8 public sources were cited for this profile; the first-party ones are listed here.

Frequently asked questions

What does Maine Craft Distilling do?
Portland, Maine farm-to-flask distillery making small-batch spirits and canned ready-to-drink cocktails such as Blueshine Lemonade.
Who are Maine Craft Distilling's investors?
Maine Craft Distilling's investors include CEI Ventures.
How much funding has Maine Craft Distilling raised?
Maine Craft Distilling has disclosed $1.5M raised across 5 rounds.
Where is Maine Craft Distilling headquartered?
Maine Craft Distilling is headquartered in Portland, US.