Penelope Bourbon Launches Bottled Black Walnut Old Fashioned Cocktail

(Photo: Penelope)

On Wednesday, Penelope Bourbon announced the release of its second ready-to-pour cocktail, the Black Walnut Old Fashioned, continuing the brand’s foray into the bottled cocktail market. The release follows the Peach Old Fashioned, which debuted earlier this year.

The new offering blends Penelope straight bourbon and rye whiskey with black walnut bitters and vanilla demerara, which Penleope describes as a “rich and flavorful raw sugar with light traces of molasses.” The cocktail is bottled at 76 proof and will be available nationwide in August for a suggested retail price of $29.99.

“The ready-to-pour market is exciting territory for us, and we’re innovating again with Black Walnut Old Fashioned – our latest unique take on the classic cocktail,” Michael Paladini, Penelope Bourbon co-founder and vice president of strategy for MGP Ingredients, said in a news release

The Black Walnut Old Fashioned joins a growing category of premium pre-mixed cocktails aimed at drinkers seeking quality with convenience. According to the company, the drink is designed for easy serving, with flavor notes of brown sugar, vanilla, allspice, cinnamon and toffee.

“Black Walnut Old Fashioned is a great variation of the Old Fashioned that we love,” said Danny Polise, Penelope’s other co-founder and master blender. “Using our bourbon and rye blend as the foundation for this release creates an amazing base for a whiskey forward cocktail.”

Both Penelope bottled cocktails earned platinum medals in the Pre-Mixed Cocktail category at the 2025 ASCOT Awards.

Penelope Bourbon, founded in 2018, has grown quickly and received more than 50 spirits awards. The brand is part of the MGP Ingredients portfolio, operating under its Luxco Branded Spirits division.