Advanced Spirits has announced the closing of a multimillion-dollar deal with Nevada Distilling Co., the makers of Smoke Wagon bourbon and rye whiskeys. In the agreement, Advanced Spirits will secure barrels of Smoke Wagon’s bourbon and rye from long-time distilling partner MGP to ensure the long-term growth and stability of Smoke Wagon’s premium whiskey offerings.

Advanced Spirits, founded in 2022, offers a unique barrel financing program by purchasing barrels directly from suppliers and retaining ownership of them throughout the financing term. This model grants brand customers exclusivity over the barrel inventory and allows them to buy the barrels from Advanced Spirits at predetermined, fixed prices in the future.

Rob Arnold, president of Advanced Spirits, commented: “We’re thrilled to announce our new partnership with Smoke Wagon. Since launching in 2012, their expertise in barrel procurement and blending consistently distinguishes their whiskeys from the competition. What started as a cult following has now become a household name, and we are excited to support their continued success. This partnership would not have been possible without MGP, who we have a great working relationship with.”

Aaron Chepenik, co-owner of Nevada Distilling Co., added: “Barrel inventory is essential for Smoke Wagon’s long-term growth. We deeply value Advanced Spirits' swift execution and their keen understanding of our brand's business needs. This strategic partnership allows us to focus our capital on expanding Smoke Wagon’s brand presence and influence.”

Smoke Wagon currently offers four bourbon and three rye whiskey expressions in 30 states. More information on Advanced Spirits and Nevada Distilling Co. can be found on their websites.