Golden Grail Beverages (OTC: GOGY) Announces new Distribution Agreement with Great Basin Beverage

Rhea-AI Summary

On April 11, 2023, Golden Grail Beverages (OTC: GOGY) announced a partnership with Great Basin Beverage to distribute Sway Energy in Nevada. Great Basin has a long history, delivering over 1 million cases of beverages annually across a 50,000-square-mile area. This agreement is part of Golden Grail's strategy to expand its beverage portfolio and increase brand recognition for Sway Energy in Nevada.

The company is focused on developing its distribution networks and acquiring brands within emerging beverage categories. With a diverse product range, including Sway Energy, Spider Energy Drink, and various water products, Golden Grail aims to streamline growth through strategic partnerships.

Positive

• New distribution agreement with Great Basin Beverage to enhance Sway Energy brand presence in Nevada.
• Great Basin Beverage has a strong distribution network with significant case delivery volume.

Negative

• None.

FORT LAUDERDALE, Fla., April 11, 2023 /PRNewswire/ -- Golden Grail Technology doing business as Golden Grail Beverages, (OTC: GOGY), is pleased to announce that we have signed an agreement with Great Basin Beverage to distribute Sway Energy in the State of Nevada.

Great Basin Beverage, LLC is a wholesale Beer, Wine, Liquor and non-alcoholic beverage distributor founded in 1954. Great Basin delivers more than 1 million cases of beverages annually within a 50,000-square-mile territory in Nevada and northeastern California.

"Our focus has been to develop our distribution networks and grow the footprint of our beverage portfolio. We look forward to working with Great Basin Beverage," said Steve Hoffman, CEO of Golden Grail. "We believe this new partnership will help increase Sway Energy brand recognition and sales in the state of Nevada, and aligns with our initiatives to increase the Sway Energy brand presence."

Golden Grail Beverages (OTC: GOGY) www.GoldenGrailBeverages.com is a fast-growing company with a strategic mission to innovate, build and streamline the growth of its beverage portfolio through fiscally responsible investing. The company targets brands with a proven sales history, loyal consumer following, retail presence and strong value proposition who need assistance to get to the next few levels. Golden Grail has been actively acquiring brands within emerging and growing beverage categories. Our robust product offerings include Sway Energy Drink, Spider Energy Drink, Trevi Fruit Essence Water, Tickle Water, Sketch Can for Tweens, Cause Water & KOZ Water helping reduce global plastic pollution and Scorpion Energy Hemp/CBD. 

https://goldengrailbeverages.com/ 
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 includes 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.   

View original content:https://www.prnewswire.com/news-releases/golden-grail-beverages-otc-gogy-announces-new-distribution-agreement-with-great-basin-beverage-301793702.html

SOURCE Golden Grail Technology Corp

FAQ

What new partnership did Golden Grail Beverages announce on April 11, 2023?

Golden Grail Beverages announced a distribution agreement with Great Basin Beverage to distribute Sway Energy in Nevada.

What impact does the partnership with Great Basin Beverage have on GOGY?

The partnership is expected to increase Sway Energy brand recognition and sales in Nevada, supporting Golden Grail's growth strategy.

How much beverage does Great Basin Beverage distribute annually?

Great Basin Beverage delivers over 1 million cases of beverages annually within a 50,000-square-mile territory.

What products does Golden Grail Beverages offer?

Golden Grail Beverages offers products including Sway Energy Drink, Spider Energy Drink, and various flavored waters.