Fawn Weaver, founder and CEO of Black-owned Uncle Nearest Whiskey, is pushing back against reports that she has lost control of the company after a Tennessee judge placed the distillery under receivership last week.
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In a video posted to Instagram, Weaver made it clear that despite the legal battle with Farm Credit, she remains at the helm of the brand she built.
“Some reports claim I no longer own Uncle Nearest, that I’m not running it. Let me be clear. I built this company. I own this company. I run this company, and my leadership team, who have all been with me for six to eight years, are right here building alongside me,” Weaver said.
She emphasized the team’s resilience: “Our team remains unshaken and unmoved. If that ever changes, you’ll hear it directly from me. And I know you will respond accordingly.”
Weaver also offered advice for entrepreneurs watching her battle unfold.
“All major challenges are inevitable in ownership. That’s why so many tap out. And my number one piece of advice to would-be entrepreneurs is if you are of the quitting kind, don’t start,” she fired off.
Her defiant stance comes just days after the court ruled a receiver would temporarily manage the distillery due to concerns over $108 million in loans tied to the brand.
![Fawn Weaver Responds to Reports of Her Losing Uncle Nearest Whiskey: “I Built This Company. I Own This Company. I Run This Company" [Video] - Baller Alert Fawn Weaver Responds to Reports of Her Losing Uncle Nearest Whiskey: “I Built This Company. I Own This Company. I Run This Company" [Video]](https://balleralert.com/wp-content/uploads/2025/08/update-2025-08-19T062101768-e1755599000781-750x375.png)
