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If You Love Room 101 Cigars... Better stock up~!
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Vroomp
Posted 1/9/2017 1:49 PM (#695754)
Subject: If You Love Room 101 Cigars... Better stock up~!



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Matt Booth is calling it quits folks~! Davidoff will be selling off current inventory of Room 101 Cigars~!

 

                                                                                   Halfwheel Article  

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appollo
Posted 1/9/2017 2:06 PM (#695755 - in reply to #695754)
Subject: RE: If You Love Room 101 Cigars... Better stock up~!



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That's to bad.They do make some nice sticks. I hope its not a sign of things to come with boutique brands.
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ninfiction
Posted 1/9/2017 2:14 PM (#695756 - in reply to #695754)
Subject: Re: If You Love Room 101 Cigars... Better stock up~!



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Holy cow, that's pretty big news right there. I'm interested to see a press release from Matt as to what the reason is. I hope it has more to do with him focusing on his jewelry and not the FDA...though I think the FDA will be the excuse for much of what happens in the next couple years.

Also, with the change in power in DC it's kind of a weird time to blame the FDA and quit if that's the reason. Things are not set in stone and much of what the FDA has planned could be over ruled by the new regime (hopeful thinking on my part).
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Vroomp
Posted 1/9/2017 2:21 PM (#695757 - in reply to #695756)
Subject: Re: If You Love Room 101 Cigars... Better stock up~!



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He was doing the jewelry thing before cigars and I know his line is doing quite well........... Probably a combination of both, Jewelry doing well and equivalency applications costing too much money.
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tvolball
Posted 1/9/2017 2:33 PM (#695758 - in reply to #695754)
Subject: RE: If You Love Room 101 Cigars... Better stock up~!



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I always liked the Daruma. Need to look for $2.00 a stick deal on these
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Cfickter
Posted 1/9/2017 2:54 PM (#695759 - in reply to #695754)
Subject: Re: If You Love Room 101 Cigars... Better stock up~!



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Hummm, fairly good size producer going out of business, could be sales were not what was expected also
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appollo
Posted 1/9/2017 2:59 PM (#695760 - in reply to #695758)
Subject: RE: If You Love Room 101 Cigars... Better stock up~!



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tvolball - 1/9/2017 4:33 PM

I always liked the Daruma. Need to look for $2.00 a stick deal on these
There should be some great deals coming out on these.
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05Venturer
Posted 1/9/2017 3:31 PM (#695761 - in reply to #695754)
Subject: Re: If You Love Room 101 Cigars... Better stock up~!



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a little more info

http://www.cigaraficionado.com/webfeatures/show/id/matt-booth-exits...
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ninfiction
Posted 1/9/2017 3:37 PM (#695762 - in reply to #695754)
Subject: Re: If You Love Room 101 Cigars... Better stock up~!



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It really looks like he's just wanting to focus on his jewelry. He mentions the FDA not directly but a little shot about over regulation. Contract was up, probably just felt it was time to move on...that's my opinion anyway, doesn't seem like he's blaming the FDA like Halfwheel is claiming.

Apparently his jewelry got picked up by Nordstroms, he's making bank.
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05Venturer
Posted 1/9/2017 3:41 PM (#695763 - in reply to #695762)
Subject: Re: If You Love Room 101 Cigars... Better stock up~!



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ninfiction - 1/9/2017 3:37 PM

It really looks like he's just wanting to focus on his jewelry. He mentions the FDA not directly but a little shot about over regulation. Contract was up, probably just felt it was time to move on...that's my opinion anyway, doesn't seem like he's blaming the FDA like Halfwheel is claiming.

Apparently his jewelry got picked up by Nordstroms, he's making bank.


Exactly my thoughts
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nirab
Posted 1/9/2017 3:47 PM (#695765 - in reply to #695763)
Subject: Re: If You Love Room 101 Cigars... Better stock up~!



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He just had a kiddo too...I am sure that played a part in it...Matt's a cool dude, I've got plans to hit outer space with my brother one of these days!!
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nirab
Posted 1/10/2017 10:51 AM (#695827 - in reply to #695765)
Subject: Re: If You Love Room 101 Cigars... Better stock up~!



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Prices are falling already...picked up a box of Namakubi Ecuador Fileros at Famous. $49.11 with our CG17 code...
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Brlesq
Posted 1/10/2017 5:50 PM (#695896 - in reply to #695827)
Subject: Re: If You Love Room 101 Cigars... Better stock up~!



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nirab - 1/10/2017 11:51 AM

Prices are falling already...picked up a box of Namakubi Ecuador Fileros at Famous. $49.11 with our CG17 code...


Hey, no enabling the Chief Enabler!! I had forgotten about these, so I smoked one of these exact cigars on the herf last night to see if it was box worthy.

It was.

Just pulled the lever for that same deal.
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toby2
Posted 1/10/2017 10:14 PM (#695911 - in reply to #695754)
Subject: Re: If You Love Room 101 Cigars... Better stock up~!



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prices have been in the dirt for a bit.
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nirab
Posted 1/11/2017 8:13 AM (#695931 - in reply to #695896)
Subject: Re: If You Love Room 101 Cigars... Better stock up~!



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Brlesq - 1/10/2017 7:50 PM

nirab - 1/10/2017 11:51 AM

Prices are falling already...picked up a box of Namakubi Ecuador Fileros at Famous. $49.11 with our CG17 code...


Hey, no enabling the Chief Enabler!! I had forgotten about these, so I smoked one of these exact cigars on the herf last night to see if it was box worthy.

It was.

Just pulled the lever for that same deal.


absolutely box worthy! glad I could enable you my friend!! let me know when y'all herf, I've been having technical issues finding the link...I am the technical issue!!
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Vroomp
Posted 1/12/2017 6:07 AM (#695999 - in reply to #695931)
Subject: Re: If You Love Room 101 Cigars... Better stock up~!



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Here's what Matt had to say on Cigar Coops site..........

 

 

Upon my entry into the premium cigar industry in 2009 I had no idea just how deeply I would fall in love with the business, the craft and culture that many of us consider to be our home. I have forged some of the strongest friendships of my life here within the ranks of our beloved industry. In addition, I have grown a great deal as both a man and a businessman. This has come as a direct result of my connection to our community and my involvement in the industry. As I stand at the threshold of 2017, I face a great deal of both opportunity and obstacle within my business. Over the last few years our core business, the Room101 jewelry brand, has grown at a rate that is both very pleasing and all consuming at once. We have never been more pleasantly daunted by growing pains – and they are pains that promise to continue at a pressing rate through 2017 and beyond.

With all that said, it is with a heavy heart that I have decided to step away from my involvement in the cigar industry. I have done so to allow myself the crucial time necessary to focus my energy on the components of our business that do not face being regulated out of existence by the FDA.

I would like to say that I am grateful for the years of partnership and support from Davidoff. We are in talks to potentially create some form of farewell event tour and I look forward to seeing you all out there on the road.

Most importantly I want to thank the fans, family and friends of the Room101 Brand as none of this would have been possible without your belief and support.

Love & Respect.

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