Business of Drinks

28: How THC Drinks Brand WYNK Built to 150K Cases With Co-Founder Angus Rittenburg - Business of Drinks


Listen Later

WYNK is a cannabis drinks brand with a fascinating backstory. WYNK was founded in 2021 by Casey Parzych, Angus Rittenburg, and Shawn Sheehan, three friends

(a beverage distributor, mechanical engineer, and energy trader) looking for a new opportunity in the cannabis beverage market. Their challenge: find a way to dose the seltzer with THC legally, as current laws for dispensary distribution require dosing in the states where the drinks will be sold. Selling in Massachusetts? Dose in Massachusetts. Selling in Minnesota? Dose in Minnesota.

Enter Angus, a mechanical engineer who previously had worked on developing batteries for Tesla and rockets for SpaceX. The team decided the most efficient solution would be to build a mobile manufacturing facility on flatbed trucks that they could drive from state to state. With a $750,000 budget, Angus built WYNK 1.0 — a series of rigs (and a water truck) that, along with six people, traveled the country making WYNK. They sold 1 million cans in their first year.

But WYNK 1.0 was cumbersome and expensive. Angus then set out to find a better (and more compact) way to manufacture. WYNK 2.0 is now fully operational — and you can hear all about it in this episode, along with these insights:

KEY TAKEAWAYS:

  • How WYNK built its retail footprint to 13 states and DTC to 37 states

  • The challenge of building consumer awareness for low-dose THC drinks

  • How WYNK scaled its products to become price-comparable with alcohol-containing RTDs

  • Why Millennials are the core demographic for WYNK and other low-dose THC drinks

  • Why variety packs are key to product trial

  • Why the brand offers multiple THC dosage options

  • How hyperlocal sampling events have fueled the brand’s customer base

  • Why micro-influencers are moving the needle for social growth

  • Stay tuned for our next episode dropping on May 29. 


    About Erica Duecy, host:

    Erica Duecy is host of Business of Drinks, and one of the drinks industry’s most accomplished digital and content strategists. She has built publishing and marketing programs for Drizly, VinePair, SevenFifty, and other hospitality and drinks tech companies. She also has led digital editorial teams at Architectural Digest and Saveur magazines. Her content, podcast, and video programs have won more than 40 digital and editorial awards. She is a WSET Advanced-certified wine and spirits communicator, and author of the cocktail book Storied Sips (Random House), about the real-life stories behind the world’s most famous cocktails. 

     

    To learn more about Erica Duecy:

    https://www.instagram.com/ericaduecy/

    https://www.linkedin.com/in/erica-duecy-4a35844/

    https://twitter.com/ericaduecy

    And if you like what you heard, help us spread the word! Follow Business of Drinks, and rate and review our episodes on any platform where you’re listening. It helps us find new listeners. Thank you

    ...more
    View all episodesView all episodes
    Download on the App Store

    Business of DrinksBy Business of Drinks

    • 4.6
    • 4.6
    • 4.6
    • 4.6
    • 4.6

    4.6

    22 ratings


    More shows like Business of Drinks

    View all
    WSJ What’s News by The Wall Street Journal

    WSJ What’s News

    4,368 Listeners

    Wine Enthusiast Podcast by Wine Enthusiast Magazine

    Wine Enthusiast Podcast

    190 Listeners

    Wall Street Breakfast by Seeking Alpha

    Wall Street Breakfast

    1,029 Listeners

    Liquid Assets: A Beverage Industry Podcast by Rabobank

    Liquid Assets: A Beverage Industry Podcast

    130 Listeners

    VinePair Podcast by VinePair

    VinePair Podcast

    293 Listeners

    The Journal. by The Wall Street Journal & Spotify Studios

    The Journal.

    6,056 Listeners

    SOMM TV wine & food by SOMM TV

    SOMM TV wine & food

    359 Listeners

    Chasing Life by CNN Podcasts

    Chasing Life

    8,198 Listeners

    All-In with Chamath, Jason, Sacks & Friedberg by All-In Podcast, LLC

    All-In with Chamath, Jason, Sacks & Friedberg

    9,799 Listeners

    Wine 101 by VinePair

    Wine 101

    401 Listeners

    Hard Fork by The New York Times

    Hard Fork

    5,468 Listeners

    BG2Pod with Brad Gerstner and Bill Gurley by BG2Pod

    BG2Pod with Brad Gerstner and Bill Gurley

    510 Listeners

    Prof G Markets by Vox Media Podcast Network

    Prof G Markets

    1,328 Listeners

    The Headlines by The New York Times

    The Headlines

    586 Listeners

    Drinks Insider by Felicity Carter

    Drinks Insider

    4 Listeners