Singapore · Nicaragua · Scotland
From the leafto the cask
CASK to LEAF™ is a rollup and consolidation holding company across high-end tobacco leaf, premium handmade cigars and Scotch whisky — building brands where we already own the supply.
By the numbers
An operating business, not a concept
$7.0M
FY2025–26 revenue
Actual, management accounts
10+ yrs
Profitable leaf trading
Continuous operating history
$60M
Revenue target by 2028
Organic growth plus acquisition
3
Operating verticals
Leaf, cigars, whisky
The thesis
Build a vertically integrated premium cigar and whisky brand holding company
The core strategy is in-house brand development alongside the acquisition of established brands that fit the group's growth and distribution plans. The focus is on ramping existing earnings through customer acquisition and premium brand expansion — moving the group from trading margins to owned margins.
- Revenue today
- Operating business with LTM FY2025–26 revenue of approximately $7.0M (actual).
- Revenue target
- Targeting $60M of revenue by 2028 through organic growth and acquisition.
A profitable base
Ten-plus years of continuous leaf trading generates cash, customer relationships and origin access. Growth there is capped by working capital, not by demand.
Margin, not volume
Owning cigar brands converts commodity throughput into brand equity. Same leaf expertise, materially higher gross margin, no factory to build.
Assets that appreciate
Casked Scotch accrues value with time in wood. Bonded, insured and transferable — inventory that works while it waits.
Divisions
Three verticals, one operating group
The house
Maison Cask to Leaf
Investor presentation
The full case, in one deck
Group structure, division economics, market sizing and the growth plan through 2028 — 23 pages, updated for the current raise.
Get in touch
Talk to CASK to LEAF
For trade enquiries, brand partnerships, cask allocations or investor materials — reach the team directly.