<cfset mustache = createObject("component", "Mustache").init()>
<cfset template = "Hello, {{thing}}!">
<cfset context = structNew()>
<cfset context['thing'] = 'World'>

<cfoutput>#mustache.render(template, context)#</cfoutput>

Hello {{name}}
You have just won ${{value}}!
{{#in_ca}}
Well, ${{taxed_value}}, after taxes.
{{/in_ca}}

<cfcomponent extends="Mustache">
  <cffunction name="taxed_value">
    <cfreturn this.value * 0.6>
  </cffunction>
</cfcomponent>

<cfset winner = createObject("component", "Winner")>
<cfset winner.name = "Patrick">
<cfset winner.value = "1000">
<cfset winner.in_ca = true>
<cfoutput>#winner.render()#</cfoutput>

Hello Patrick
You have just won $1000!
Well, $600, after taxes.

<cfset context = {
    name = "Patrick",
    value = 1000,
    in_ca = true,
    taxed_value = 600
} />

<cfimport taglib="/path/to/mustache/dir" prefix="stache" />
<stache:mustache context="#context#">
<cfoutput>
Hello {{name}}
You have just won ${{value}}!
{{##in_ca}}
Well, ${{taxed_value}}, after taxes.
{{/in_ca}}
</cfoutput>
</stache:mustache>