I made a batch of 50 mustache waxes in 2013. It was a text I did to try out marketing, product design, and sales. Needless to say it was a fun learning process. The ingredients list was very simple:

Unaltered beeswax from SLC, UT
Virgin Coconut oil
Juniper berry extract

It was a successful project, the only issue I had with it was it didn't keep the stash stiff for long enough. It is tough to get a good stiff product without using any artificial ingredients like petroleum jelly.