- CEO
- Martin Daniel Ustin
- Full Time Employees
- 3
- Sector
- Consumer Defensive
- Industry
- Beverages - Alcoholic
- Address
- 2831 St. Rose Parkway Henderson NV United States of America 89052
- IPO Date
- Oct 2, 1997
- Business
- Charlestowne Premium Beverages Inc. (OTC: FPWM) manufactures and distributes premium alcoholic and non-alcoholic beverages, specializing in ready-to-drink (RTD) products including flavored malt beverages, hard seltzers, spirits-based cocktails, and craft beers under brands such as Three Olives, Blue Chair Bay Rum, and other licensed and proprietary labels; the company also provides co-packing, private label production, and beverage development services for third-party clients. Founded in 2015 and headquartered in North Charleston, South Carolina, it operates production facilities in South Carolina and California, serving the U.S. market with a focus on retail, wholesale, and on-premise channels including liquor stores, grocery chains, and bars. The company competes in the competitive RTD alcohol segment, targeting adult consumers seeking convenient, premium-flavored options. In recent developments, Charlestowne Premium Beverages expanded its production capacity through facility upgrades in 2024 and entered strategic distribution partnerships with national wholesalers to broaden market reach; it also launched new product lines including low-calorie hard seltzers and canned cocktails in late 2024, alongside securing additional licensing agreements for spirit brands. No major acquisitions, funding rounds, or name changes were reported in the last two years.