Golden Grail Technology (OTC: GOGY) Announces Distribution Agreement with Elite Nutritional Products

Rhea-AI Summary

Golden Grail Technology (OTC: GOGY) announced a new distribution agreement with Elite Nutritional Products to distribute Sway Energy drinks across Oregon, Washington, and Idaho. This partnership aims to expand Golden Grail's distribution network in the Pacific Northwest, enhancing sales capabilities in this region. Sway Energy offers a unique vitamin-infused and organic alternative to traditional energy drinks. The company continues to seek and acquire brands with established sales histories and strong consumer followings, focusing on innovative beverage solutions.

Positive

• New distribution agreement with Elite Nutritional Products enhances market presence.
• Sway Energy drink offers a healthier alternative to standard energy drinks.

Negative

• None.

FORT LAUDERDALE, Fla., Feb. 23, 2023 /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 is pleased to announce that it has entered into a distribution agreement with Elite Nutritional Products to distribute Sway Energy drinks in Oregon, Washington and Idaho.

Founded in 1984, Elite Nutritional Products is a premier wholesaler and distributor of nutritional products and fitness equipment.  Elite distributes to a variety of retailers including convenience, specialty sport, mixed martial arts, golf, gymnastics, chiropractors, physical therapists and more.

Sway Energy is a unique vitamin-infused energy drink that provides clean energy from natural organic green tea combined with ashwagandha root to support immunity. Sway Energy is a healthy alternative to energy drinks on the market with excess sugar and calories.

"Partnering with Elite Nutritional Products will expand Golden Grail Beverages distribution network in the Pacific Northwest." Said Steve Hoffman, CEO of Golden Grail. "We are very excited for the opportunity to continue to grow our west coast sales and distribution channels."

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 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 significance of the GOGY distribution agreement with Elite Nutritional Products?

The distribution agreement allows GOGY to expand its presence in Oregon, Washington, and Idaho, potentially increasing sales.

What is Sway Energy drink and how does it stand out?

Sway Energy is a vitamin-infused energy drink that combines organic green tea and ashwagandha root, offering a healthier alternative to traditional energy drinks.

When was the GOGY press release about the distribution agreement issued?

The press release was issued on February 23, 2023.

How is Golden Grail Technology planning to grow its beverage portfolio?

Golden Grail Technology aims to innovate and build its beverage portfolio through strategic partnerships and acquisitions of established brands.