STOCK TITAN

Golden Grail Beverages Boosts Spider Energy Production Following NASCAR Partnership and Upcoming E-Commerce Launch

Rhea-AI Impact
(Moderate)
Rhea-AI Sentiment
(Very Positive)
Tags
partnership
Rhea-AI Summary
Golden Grail Beverages announces significant increase in production of Spider Energy drink in response to surging demand. Expansion of distribution network aims to strengthen presence in energy drink sector. Recent success attributed to collaboration with NASCAR driver Ryan Ellis. Spider Energy plans to expand digital footprint and launch e-commerce store. Updates on new distribution partnerships to be announced.
Positive
  • Significant increase in production to meet surging demand
  • Expansion of distribution network to strengthen presence
  • Successful collaboration with NASCAR driver Ryan Ellis
  • Plans to expand digital footprint and launch e-commerce store
Negative
  • None.

FORT LAUDERDALE, Fla., Sept. 19, 2023 (GLOBE NEWSWIRE) -- Golden Grail Beverages (OTC: GOGY) announces a significant increase in the production of its flagship energy drink, Spider Energy, in response to surging demand. This escalation in manufacturing output reflects the brand’s growing success in the energy drink market, and by expanding its distribution network, Spider Energy Drink aims to strengthen its presence in the energy drink sector.

Factors Driving Increased Production of Spider Energy:

Spider Energy Drink has successfully met the increased production demands by streamlining manufacturing processes and forming strategic partnerships with suppliers. Golden Grail Beverages' ability to scale up production reflects its confidence in its product and growth potential.

The recent success of Spider Energy Drinks can be attributed to several factors, including its recent collaboration with NASCAR driver Ryan Ellis. By associating with NASCAR, Spider Energy Drink has gained access to a broader audience of sports enthusiasts, establishing its credibility as a high-performance energy drink. This collaboration has solidified Spider Energy's position in the energy drink market and paved the way for its expansion into new territories and demographics.

“Spider Energy's recent successes, particularly our collaboration with Ryan Ellis, reflect our commitment to excellence and innovation. The forthcoming availability of our products on Amazon.com will make Spider Energy accessible to a wider audience," says Russ Kaffenberger, CRO of Golden Grail Beverages. “This is a testament to our team's hard work and our brand's success. We are excited to continue growing and bringing Spider Energy Drinks to more people nationwide.”

Spider Energy will expand its digital footprint by launching on prominent e-commerce platforms in the coming weeks. Spider Energy also plans to launch an e-commerce store on the Golden Grail Beverages website so consumers can buy direct. By tapping into these vast online retail networks, Spider Energy aims to reach a broader audience, making it more accessible to consumers nationwide.

In addition to increasing its production capacity, Golden Grail Beverages will announce significant updates in the coming days, which include new distribution partnerships.

Golden Grail Beverages (OTC: GOGY), www.GoldenGrailBeverages.com, is a fast-growing company focused on driving innovation, promoting growth, and managing a diverse beverage portfolio with responsible investment. We target brands with a proven sales history, robust retail presence, loyal consumer base, and strong value propositions. Our growing portfolio includes brands within emerging and expanding beverage categories, such as Spider Energy Drink, Sway Energy Drink, Trevi Fruit Essence Water, Tickle Water, Sketch Can for Tweens, Cause Water, KOZ Water, and Scorpion Energy Hemp/CBD. We are dedicated to eco-friendly practices and replacing plastic with more sustainable alternatives to reduce plastic pollution. Golden Grail pledges to do our part to create a sustainable future while maintaining an unwavering commitment to customer satisfaction.

Contact info:

+1 561-800-3891
Email: info@goldengrailbeverages.com
Website: https://goldengrailbeverages.com/
Social: https://www.facebook.com/GoldenGrailBeverages
https://www.instagram.com/goldengrailbeverages/
https://twitter.com/goldengrailbev

Forward-Looking Statements:

This press release includes forward-looking statements concerning the future performance of our business, its operations, and its financial performance and condition. Also, it has selected operating results presented without the context of accompanying financial results. These forward-looking statements include, among others, statements with respect to our objectives and strategies to achieve those objectives, as well as statements with respect to our beliefs, plans, expectations, anticipations, estimates or intentions. These forward-looking statements are based on our current expectations. We caution that all forward-looking information is inherently uncertain and actual results may differ materially from the assumptions, estimates or expectations reflected or contained in the forward-looking information, and that actual future performance will be affected by a number of factors, including economic conditions, technological change, regulatory change and competitive factors, many of which are beyond our control. Therefore, future events and results may vary significantly from what we currently foresee. We are under no obligation (and we expressly disclaim any such obligation) to update or alter the forward-looking statements, whether as a result of new information, future events or otherwise.


GOLDEN GRAIL TECH CORP

OTC:GOGY

GOGY Rankings

GOGY Latest News

GOGY Stock Data

3.15M
Beverages - Non-Alcoholic
Consumer Defensive
Link
United States of America
Weston