Golden Grail Technology Corp Signs Contract Packing Agreement for Spider Energy Product Line With South African Based Cannergy International Inc.

Rhea-AI Summary

Golden Grail Technology (GOGY) has partnered with Cannergy International Inc. to produce Spider Energy Products. This partnership, formalized on September 1, 2021, will focus on the relaunch of four products: Spider Energy Mimic, Mimi Zero, Citrus Bite, and Citrus Bite Zero. Cannergy, based in Cape Town, South Africa, specializes in design and manufacturing of consumable goods, aiming to enhance the Fast-Moving Consumer Goods (FMCG) market. Golden Grail Technology is leveraging its expertise in data marketing to market health-conscious beverage brands.

Positive

• Partnership with Cannergy International aims to boost the production of Spider Energy Products.
• Focus on relaunching four energy products expands Golden Grail's market presence.
• Cannergy's expertise in consumable goods offers a comprehensive solution for product development.

Negative

• None.

WESTON, Fla., Oct. 19, 2021 /PRNewswire/ -- Golden Grail Technology (OTC Markets: (GOGY) — a beverage brand house specializing in technology driven brand development, has announced the partnership with Cannergy International Inc. for the production of Spider Energy Products.

The agreement was formalized September 1^st, 2021 and focuses on the relaunch of the 4 pillar Spider Energy Products including: Spider Energy Mimic, Mimi Zero, Citrus Bite, and Citrus Bite Zero.

"Cannergy International is ecstatic about our association with Golden Grail Technology and the Spider brand", says Anthony Smith head of Cannergy International. "We believe that our combined initiatives will push the boundaries of the ever-growing FMCG market, as we leverage off of each other's energies and add even more excitement to the existing Spider Energy brands."

Based in Cape Town, South Africa, Cannergy International is a multi-faceted organization specializing in the design, manufacture, and management of consumable goods. From conception to sales, Cannergy provides a turnkey solution for global brands on the forefront of CPG innovation.

About Golden Grail Technology
Golden Grail Technology is venturing into the technology of beverages. The market for nutraceutical beverages such as vitamin infused and CBD infused beverages as well as lower sugar energy drinks have been gaining market share. The Company is focused on utilizing its history in data marketing and technology to market and distribute health conscious and or functional beverage brands. For more information on Golden Grail Technology, visit www.goldengrailtech.com.

CONTACT: LINDSAY ESHELMAN
LINDSAY.ESHELMAN@RECITGROUP.COM

View original content:https://www.prnewswire.com/news-releases/golden-grail-technology-corp-signs-contract-packing-agreement-for-spider-energy-product-line-with-south-african-based-cannergy-international-inc-301402878.html

SOURCE Golden Grail Technology Corp

FAQ

What is the significance of Golden Grail Technology's partnership with Cannergy International Inc. for GOGY stock?

The partnership aims to enhance production and market reach of Spider Energy Products, potentially increasing revenue for Golden Grail Technology.

When was the partnership between Golden Grail Technology and Cannergy International announced?

The partnership was formalized on September 1, 2021.

What products are included in the Spider Energy line relaunch by Golden Grail Technology?

The products include Spider Energy Mimic, Mimi Zero, Citrus Bite, and Citrus Bite Zero.

How does Cannergy International contribute to Golden Grail Technology's business?

Cannergy International provides design, manufacturing, and management services for consumable goods, enhancing Golden Grail's product development capabilities.

What market segment is Golden Grail Technology focusing on with its beverage products?

Golden Grail Technology is focusing on nutraceutical beverages, including vitamin-infused and CBD-infused drinks.