Golden Grail Tech Beverages Announces the Acquisition of the Domain https://cannabissativa420.com/

Rhea-AI Summary

Golden Grail Technology (OTC: GOGY) announced its acquisition of the domain www.Cannabissativa420.com, enhancing its online presence as it enters the CBD-infused beverage market.

The company plans to collaborate with South African manufacturer Cannabis Sativa, leveraging their 7 years of experience in the sector. The U.S. CBD drinks market has seen tremendous growth, increasing by 50% in 2021 and projected to reach 65% growth in 2023, valued at around $657 million.

This acquisition aligns with Golden Grail's strategy to enhance its beverage portfolio and capture growing consumer demand.

Positive

• Acquisition of www.Cannabissativa420.com strengthens online presence.
• Partnership with established Cannabis Sativa enhances credibility and market entry.
• U.S. CBD beverage market is growing rapidly, projected to reach $657 million in 2023.

Negative

• None.

The Online Channel is driving the growth of the CBD Beverages market across the globe

WESTON, Fla., May 17, 2022 /PRNewswire/ -- Golden Grail Technology (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 announces the acquisition of the domain www.Cannabissativa420.com.

The Company last week announced they are entering into the CBD-Infused Beverage sector. They intend to partner with a successful and established South African manufacturer, Cannabis Sativa, who has been selling their CBD beverages for over 7 years http://cannabis-sativa.co.za/.The acquisition of the site will allow them to have a marketable online presence. They are moving quickly to prepare for their line of CBD-Infused Beverages to launch in the states. The newly acquired website will be rebranded and designed to showcase their CBD line.

According to a recent article in BevNet, from a global pandemic to war in Ukraine to a raft of economic challenges, 2022 is something of a golden age for anxiety and stress. In other words, it's a good time to be selling CBD. In 2021, the U.S. CBD drinks market grew by 50%, while that metric is set to reach 62% this year and 65% in 2023, at which point it will be valued at around $657 million. CBD beverages are still primarily an online game: this year, the segment is expected to generate $146 million in sales via ecommerce.

As consumer acceptance of CBD grows and more concrete findings on its health and wellness benefits are discovered, adding CBD to consumable products may make it easier for consumers to incorporate it into their lifestyles to reap those benefits.

Other companies in the CBD-Infused space include; the largest cannabis company in the world in terms of production capacity, Canopy Growth has set its eyes on CBD-beverages as a pillar of growth. Tilray is set to make it big in the CBD-infused beverage market. New Age Beverages is a company that has an early mover advantage in the CBD beverage space. Kona Gold Beverage https://konagoldbeverage.com/investors/ is a dynamically driven company focused on functional beverages.

Golden Grail Technology (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 that have 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 Spider Energy Drink, Trevi Fruit Essence Water, Tickle Water for kids, Sketch Can for Tweens, Cause Water helping reduce global plastic pollution and Scorpion Energy Hemp/CBD.

After an acquisition, the company utilizes a series of operational technologies to apply its business expertise, fiscal techniques and various manufacturing processes know-how to improve the economics and performance of each brand while advancing marketing and distribution for its beverage holdings. The company's focus on sophisticated management and development of beverage brands, coupled with its rapidly growing and recognizable portfolio of healthy, functional beverages sets Golden Grail apart as a leader in acquiring and advancing existing beverage brands.

For more information on Golden Grail Technology Beverages (OTC: GOGY) visit 
www.GoldenGrailBeverages.com
https://www.facebook.com/GoldenGrailTechBeverages
https://twitter.com/golden_grail
Podcast: https://epodcastnetwork.com/disruption-in-the-marketplace-with-erin-heit-of-golden-grail-technology-corp 

Our Brands

Cause Water is Pristine Mountain Spring Water with a Cause

Cause Water has three key initiatives be a vessel for change, do your part and encouraging consumers to join the cause, by drinking Cause Water. A fully recyclable aluminum bottle and cap supports its core mission of plastic reduction and ocean preservation. Cause Water can be found in high-end, influential natural food stores along the West Coast.

For more information visit: 

https://causewater.com/

https://www.facebook.com/CauseWaterBeverage

https://www.instagram.com/cause_water/

Tickle Water is a premium sparkling water company dedicated to providing honest and clean hydration. Tickle Water is the first sparkling water in the market created specifically for children, yet enjoyed by all ages, complete with delicious flavors and a recyclable can, making it the perfect beverage for any occasion. Every can of Tickle Water is simply made with premium sparkling water and natural flavors without artificial ingredients, sugar, sodium, or preservatives.

For more information visit http://www.drinkticklewater.com

https://www.facebook.com/drinkticklewater

TCKL WTR 'Sketch Can' - The first and only 'sketch can' features a personalization space and a social media hash tag to invite Tickle fans to interact with the brand by drawing on the can and then sharing their custom can on Tik Tok. 'Sketch Can' provides kids with a brand they can call their own. It is a healthy premium sparkling water and natural flavors without artificial ingredients, sugar, sodium, or preservatives. 'Sketch Can' comes in a fully recyclable package, in two delicious flavors Watermelon and Sour Apple. Kids won't be able to resist the urge to sip and sketch.

Trevi Essence Water is a true clean-label beverage with a superior flavor that stays true to the fruit. Trevi has zero sugar, zero calories, no preservatives, no artificial ingredients, gluten free, vegan, kosher and diet friendly. Trevi comes in four delicious flavors Mango Orange, Coconut Lime, Peach and Grapefruit.

For more information visit www.DrinkTrevi.com

https://www.facebook.com/DrinkTrevi

https://www.instagram.com/drinktreviwater/

https://twitter.com/drinktreviwater

Spider Energy Drink is packed with serious energy. This formula is the perfect balance of energy boosting B-vitamins, Taurine, Guarana, Ginseng, Key Levels of Amino Acids and herbal extracts. Made with 100% real sugar, Spider Energy is known as one of the best tasting with a fresh-citrus, smooth and refreshing flavor, without the medicinal aftertaste associated with most energy drinks.

For more information visit https://spiderenergydrink.com/

https://www.facebook.com/SpiderEnergyDrink

https://www.instagram.com/spiderenergydrink/

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, and also 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 does Golden Grail Technology's acquisition of Cannabissativa420.com mean for GOGY shareholders?

The acquisition enhances Golden Grail's online presence and supports its entry into the rapidly growing CBD beverage market, potentially boosting shareholder value.

When is Golden Grail Technology expected to launch its CBD-infused beverages?

Golden Grail is moving quickly to prepare for the launch of its CBD-infused beverages in the states, although a specific timeline has not been disclosed.

How is the CBD beverage market performing in 2022?

The U.S. CBD beverage market grew by 50% in 2021 and is projected to reach a growth rate of 65% in 2023, valued at approximately $657 million.

Who will Golden Grail Technology be partnering with for their CBD beverages?

Golden Grail Technology will partner with Cannabis Sativa, a South African manufacturer with over 7 years of experience in the CBD beverage sector.