Drake's Virginia Black Whiskey Company Is Going Public
Drake blessed his fans with the arrival his own brand whiskey back in 2016, but now he’s fering them a chance to own a stake in Virginia Black’s business.
Drake and his entrepreneur partner Brent Hocking have announced plans to take the spirits company public.
According to this BANQ listing, investors can buy shares for $5 a pop (with a minimum investment $100) and the company is seeking to raise $30 million.
“Virginia Black is the perfect combination exceptionally good juice in exquisite packaging at an accessible price,” Hocking said in a statement. “From inception, we wanted everyone to enjoy Virginia Black, and are pleased to extend the opportunity to millions Americans and other investors around the world to become part the Virginia Black family.”
In other Drake-related business news, the Canadian rapper st-launched his latest Toronto restaurant Pick 6IX this week. He previously opened Frings in 2015.