Golden Grail Beverages (OTC: GOGY) Announcing new Sway Energy Distribution Agreement with Central and Moon Distributors

Rhea-AI Summary

Golden Grail Beverages (OTC: GOGY) announced a distribution agreement with Central and Moon Distributors to expand sales of Sway Energy in Arkansas. Central and Moon, a family-owned distributor since 1935, operates with 175 employees and serves over 3,000 accounts, making it one of the largest in the state. CEO Steve Hoffman expressed optimism about the partnership, believing it will enhance Sway Energy's market presence in the South. Golden Grail focuses on innovative beverage solutions, actively acquiring brands in growing categories, including Sway Energy and others, while adhering to fiscally responsible investment strategies.

Positive

• New distribution agreement with Central and Moon Distributors enhances Sway Energy visibility in Arkansas.
• Central and Moon is a well-established distributor with extensive reach, enhancing potential sales.

Negative

• None.

FORT LAUDERDALE, Fla., March 16, 2023 /PRNewswire/ -- 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 is pleased to announce that Central and Moon Distributors will distribute Sway Energy in the State of Arkansas.

Central and Moon Distributors are an Arkansas family owned Wholesale Wine, Spirits, Beer and beverage business started by the Hastings family in 1935, currently operating under the 4th generation of the Hastings family. With 175 employees and over 3,000 grocery and convenience accounts, they are one of the largest distributors in the state.

"We look forward to working with Central and Moon Distributors to bring Sway Energy to Arkansas" said Steve Hoffman, CEO of Golden Grail, "I believe this new relationship will greatly expand our Sway Energy sales and overall brand recognition in the South."

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. 

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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.

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SOURCE Golden Grail Technology Corp

FAQ

What is the recent partnership announced by Golden Grail Beverages?

Golden Grail Beverages announced a distribution agreement with Central and Moon Distributors to expand Sway Energy sales in Arkansas.

When was the distribution agreement for Sway Energy announced by GOGY?

The distribution agreement for Sway Energy was announced on March 16, 2023.

What is the significance of the Central and Moon Distributors partnership for GOGY?

The partnership is expected to enhance Sway Energy's market presence and brand recognition in the South.

How many accounts does Central and Moon Distributors serve?

Central and Moon Distributors serves over 3,000 grocery and convenience accounts.