Golden Grail Beverages (OTC: GOGY) Announces New Production Run of KOZ Water in 16 oz Cans

Rhea-AI Summary

Golden Grail Beverages (OTC: GOGY) has announced a new production run of KOZ Water in 16 oz cans, marking a milestone for the company. The total production includes 155,000 cans, one of the largest in the company's history. This move aligns with the company's commitment to sustainability and offers significant cost savings through a new copacker and the larger can format. The 16 oz cans provide more refreshment per serving and are crafted from 100% recyclable aluminum, which boasts higher recycling rates than plastic. KOZ Water's eco-friendly packaging aims to reduce plastic pollution, and the product continues to offer high-quality hydration through its unique purification process. This production run will expand Golden Grail Beverages' market presence, appealing to consumers seeking more substantial, eco-friendly hydration options.

Positive

• Production run of 155,000 cans, the largest in the company's history.
• Significant cost savings due to the new copacker and larger can format.
• Higher recycling rates for aluminum cans, promoting sustainability.
• Expansion of market presence with a larger 16 oz can size.

Negative

• None.

FORT LAUDERDALE, Fla., June 25, 2024 (GLOBE NEWSWIRE) -- Golden Grail Beverages (OTC: GOGY), a leader in the beverage industry known for its innovative and sustainable products, is excited to announce a new production run of KOZ Water in 16 oz cans. This marks another significant milestone in the company’s commitment to providing high-quality, eco-friendly beverages and expanding its market presence.

KOZ Water, renowned for its refreshing taste and dedication to sustainability, will now be available in a larger 16 oz can, offering consumers more of the hydrating experience they love. This first production run, from a total of 155,000 cans to be produced, is one of the largest in the company's history. The new copacker and 16 oz can format have also resulted in significant cost savings, allowing us to produce more efficiently while maintaining our commitment to sustainability.

“We are thrilled to launch production of the new 16 oz cans for KOZ Water,” said a spokesperson for Golden Grail Beverages “This initiative reflects our dedication to sustainability and customer satisfaction. We believe this larger size will not only satisfy our existing customers but also attract new consumers looking for a more substantial, eco-friendly hydration option.”

Features and Benefits of the New 16 oz KOZ Water Cans:

• Increased Volume: The new 16 oz cans provide more refreshment per serving, catering to consumers' growing preference for larger beverage sizes.
• Sustainable Packaging: KOZ Water’s 100% recyclable aluminum cans are designed to reduce plastic pollution and promote environmental responsibility. Aluminum cans are more often recycled than any other beverage container, and they can be recycled indefinitely without losing quality. This means they can be turned into new cans multiple times, making them a truly sustainable choice. Global recycling rates for plastic bottles languish below 50%, whereas aluminum boasts recycling rates that exceed 60% globally and up to 90% in the most efficient regions.
• High-Quality Hydration: KOZ Water maintains its commitment to delivering pure, crisp water that is perfect for any occasion. Its unique purification process and the infusion of essential electrolytes and minerals offer more than just hydration; it’s a step towards healthier living.
• Cost Efficiency: The transition to 16 oz cans and a new copacker has resulted in significant cost savings, allowing us to produce more efficiently and pass those savings on to our consumers.

Strategic Importance:

• Market Expansion: This new production run allows Golden Grail Beverages to reach a wider audience, offering the convenience of a larger can size that suits active and on-the-go lifestyles.
• Environmental Impact: By increasing the availability of KOZ Water in sustainable packaging, Golden Grail Beverages continues to support its mission of reducing plastic waste and promoting eco-friendly practices.

About Golden Grail Beverages: Golden Grail Beverages is a rapidly expanding company dedicated to acquiring, innovating, and scaling a diverse portfolio of beverages. With a focus on sustainability and consumer engagement, Golden Grail is committed to providing high-quality, energizing, and refreshing drinks to its customers. For more information, visit https://goldengrailbeverages.com/

Forward-Looking Statements:

This press release includes forward-looking statements regarding the future availability and consumer demand for KOZ Water, as well as Golden Grail Beverages' business strategies and environmental commitments. These statements are based on current expectations and projections about future events and are inherently subject to risks, uncertainties, and changes in circumstances that may differ materially from the statements. Golden Grail Beverages is under no obligation to update or modify these forward-looking statements, whether as a result of new information, future events, or otherwise.

FAQ

What recent production did Golden Grail Beverages announce for KOZ Water?

Golden Grail Beverages announced a new production run of KOZ Water in 16 oz cans, totaling 155,000 cans.

When did Golden Grail Beverages announce the new KOZ Water production run?

Golden Grail Beverages announced the new production run on June 25, 2024.

What is the significance of the 16 oz KOZ Water cans by Golden Grail Beverages?

The 16 oz KOZ Water cans offer more refreshment per serving and are made from 100% recyclable aluminum, aligning with the company's sustainability goals.

How does the new production run of KOZ Water affect Golden Grail Beverages' market presence?

The new production run is expected to expand Golden Grail Beverages' market presence by catering to consumers looking for larger, eco-friendly hydration options.

What are the environmental benefits of KOZ Water in 16 oz cans?

KOZ Water in 16 oz cans uses 100% recyclable aluminum, which has higher recycling rates than plastic, thereby reducing plastic pollution.