Award-winning South Australian distillery, Prohibition Liquor, has closed its equity crowdfunding campaign, after raising $2.693 million from 1183 investors – becoming the third largest liquor raise in Australian crowdfunding history.
Former CEO and director of FAL Healthy Beverages (FAL HB), Efthymios (Tim) Xenos, has been found guilty of making business decisions while bankrupt, and using company funds to pay personal legal costs, in a case that has taken almost a decade to resolve.
Hang 10 Distillery was created by Deon Rowe and Marine Raynard after the ABC’s War on Waste series inspired them to find a way to tackle food waste by making sustainable spirits. Keira Joyce speaks to the pair about the road to making a world-first whisky with leftover sourdough.