CaskX Enters Collaboration with Sagamore Spirit

Bourbon

December 18, 2023

CaskX Sagamore Spirit barrels

CaskX announced its latest American whiskey offering in collaboration with award-winning Sagamore Spirit distillery. Nestled in the heart of Baltimore Peninsula, a neighborhood in Baltimore, Maryland, Sagamore Spirit has earned widespread acclaim for its whiskey offerings.

Sagamore Spirit’s American rye whiskies have earned more than 200 awards internationally, including World’s Best Rye Whiskey in 2019 at the San Francisco World Spirits Competition. The distillery follows a grain-to-glass approach of growing its own rye and corn on Sagamore Farm, where it also sources limestone-filtered spring water to create its whiskey.

“One thing that distinguishes Sagamore from other distilleries is its grain-to-glass commitment to quality,” Drew Thorn, CEO of Sagamore Spirit, said in a news release. “Whiskey is ultimately an agricultural product, so we grow approximately 1.8 million pounds of Serafino Rye and Non-GMO corn less than 30 miles from the distillery. Another thing that is unique about Sagamore is the lack of reliance on a single ‘master distiller.’ Instead, we foster a collaborative team environment that draws upon the collective experience of multiple distillers and sensory experts to create top-quality products,”.

“The partnership between CaskX and Sagamore Spirit will provide accredited investors the opportunity to purchase full barrels of rye whiskey produced from the same mash bills that have formed the foundation of the distillery’s award-winning product line,” Jeremy Kasler, CEO of CaskX, said. “These portfolios of rye whiskey barrels offer investors the opportunity to profit from the appreciation of whiskey as it ages over time.

“In addition to the potential for monetary gains, investors will serve an important role in paving a path forward for Maryland rye whiskey by expanding production to meet future demand. This partnership is a win-win for both investors and Sagamore Spirit. Investors are able to acquire assets that are well positioned for future increases in value and the distillery can produce more of their exceptional expressions.”

With whiskey growing in value by 13.85% annually over the past 10 years, it has swiftly emerged as one of the most compelling portfolio diversification strategies. International markets, from Asia to South America, are witnessing an unprecedented surge in the demand for high-quality whiskey.

This growth is being amplified by the removal of European tariffs on bourbon imports, which has contributed to an even greater increase in demand across the continent. As an alternative asset class, whiskey casks stand apart as an asset that not only appreciates based on increases in market demand but can also rise in value due to the aging process of the spirit itself as it matures inside of the barrel.

This unique characteristic has made whiskey investment rise in prominence among investors as they are drawn to the security of a tangible asset class that only improves with time.

Find out more about Sagamore Spirit at https://sagamorespirit.com/. Find out more about CaskX at https://caskx.com.

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