Golden Moon Distillery of Golden, Colorado, this week announced it is ceasing operations effective immediately.
Founded in 2008, Golden Moon Distillery has become of the highest awarded distilleries in the craft spirit industry. This includes dozens of major awards for its whiskies and spirits. Golden Moon Speakeasy, Golden Moon Distillery’s tasting room and cocktail lounge, has also received numerous awards and accolades, including being named Gin Bar of the Year 2021 by Gin Magazine / Icons of Gin, Best Classic Cocktail Bar in Denver by Westword in 2015 and others.
The various events of the last several years, including the trade wars, covid, the war in Ukraine and a variety of more local external and political issues have all negatively affected both the company’s operations and its ability to raise the funds necessary to continue to pursue its business plan in the current economic environment.
“This is all very sad,” said Stephen Gould, founder of Golden Moon. “Until a few weeks ago we thought we had a buyer/investor that would have allowed the company to continue to grow and prosper, but they unfortunately were unable to deliver the investment and resources they promised. As such the company is now out of cash and time and we have no alternative at this point.
“We will keep Golden Moon Speakeasy operating in the near term, as we look at ways to keep that part of the business intact, likely with new ownership. That is assuming the bank allows us to do so.
“We appreciate all the support we’ve received over the years. My co-Ffounder, Karen Knight, and I and the entire Golden Moon Team will miss you all.”
Golden Moon Distillery produces the Golden Moon brand, REDUX Absinthe, the Gun Fighter American Whiskey brand and the Olde Blackhawk Spirits brand.
The company’s assets will be liquidated by Live Oak Bank in accordance with their interpretation of SBA regulations in the near future