ASX-listed craft beverages accelerator, Mighty Craft, has revealed further details on its anticipated Tasmanian whisky venture.
In August 2020, Mighty Craft – formerly known as Founders First – announced it had purchased 68 barrels of whisky produced at the Nant Distillery, which would be rebranded and released in partnership with former Australian Whisky Holdings CEO Chris Malcolm.
The whisky will be released under the label Hidden Lake, “an ultra-premium luxury brand out of Tasmania,” Mighty Craft chief executive Mark Haysman revealed at the company’s annual results last week.
He said the limited edition whiskies will range in price from $150 to $250 a bottle, “and then upwards of $300 to $400 given the quality of the product, and how it’s aged and matured”.
Haysman revealed Chris Malcolm is leading a newly created “whisky acceleration team” for Mighty Craft, together with recently appointed production manager and group distiller, George Campbell, most recently of Glenfiddich Distillery in Scotland.
Also in the team is Sacha La Forgia of 78 Degrees Whisky in Adelaide Hills, acquired by Mighty Craft in July along with affiliates Mismatch Brewing and Hills Cider.
“We’re uniquely placed with the calibre of people we have working on our whisky program,” Haysman told analysts.