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Bluestone Lane CEO and key investor explain how Australian coffee chain is taking on Starbucks

Elizabeth Gurdus

Starbucks coffee is losing its "premium" flair, RSE Ventures CEO Matt Higgins, whose firm is invested in Bluestone Lane, tells CNBC's Jim Cramer. Cramer sits down with Higgins and Bluestone Lane CEO Nick Stone to find out what's next for the Australian-born coffeehouse. With over 24,000 locations worldwide, Starbucks SBUX is starting to lose its "premium" flair when it comes to coffee, RSE Ventures CEO Matt Higgins argued on Wednesday.