Watershed Distillery Bottled in Bond Bourbon is a Standout Delight The latest from Watershed Distillery includes a bottled in bond bourbon. Josh Smith "There's something special about bottled in bond, "Greg Lehman, Founder and CEO of Watershed Distillery, told us as we stood amidst the two stills that the team uses to produce the distillery's bourbon, vodka, gin and other spirits. The four-year-old Watershed Distillery Bottled in Bond Bourbon represents a specific place in time. For Watershed, this is a time of change from small beginnings, where Greg's office was created by stacking pallets of glass bottles around a corner in what is now the Watershed Kitchen & Bar.