Golden Grail Technology (OTC: GOGY) Announces Distribution Agreement with John Lenore & Co

Rhea-AI Summary

Golden Grail Technology (OTC: GOGY) has announced a distribution agreement with John Lenore & Co. to distribute its Sway Energy drink in San Diego County, California. John Lenore & Co. has been a key beverage distributor since 1966, aiding brands like Snapple and Monster Energy. With a population exceeding three million, San Diego County presents a significant market opportunity. Steve Hoffman, CEO of Golden Grail, believes this partnership will enhance brand visibility and sales not just locally, but also nationally. Golden Grail is focused on expanding its beverage portfolio while ensuring fiscal responsibility.

Positive

• New distribution agreement with John Lenore & Co. for Sway Energy in a large market.
• Access to San Diego County's population of over three million, boosting brand visibility.

Negative

• None.

FORT LAUDERDALE, Fla., March 6, 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 it has signed an Agreement with John Lenore & Co. to distribute Sway Energy in San Diego County, California.

John Lenore & Co., a premium non-alcoholic beverage distributor has been operating in San Diego County since 1966, becoming one of the top distributors in the region. Since distributing Snapple in 1991, John Lenore & Co became an alternative landing spot for entrepreneurial and independent brands such as Vitamin Water and Monster Energy that could not penetrate the Coke, Pepsi or 7Up distribution networks.

"With a population of over three million people, San Diego County is California's second most populous county, and the fifth most populous in the US" stated Steve Hoffman, CEO of Golden Grail, "Working with one of the most highly regarded distributors in the area, will not only increase brand awareness and sales in California, but nationwide as well".

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 recent news regarding Golden Grail Technology (GOGY)?

Golden Grail Technology announced a distribution agreement with John Lenore & Co. for Sway Energy in San Diego County, California.

Who is the distributor for Sway Energy in California?

John Lenore & Co. will be distributing Sway Energy in San Diego County.

What is the significance of the San Diego market for Golden Grail Technology?

San Diego County has over three million residents, making it a valuable market for increasing brand awareness and sales.

When was the distribution agreement with John Lenore & Co. announced?

The distribution agreement was announced on March 6, 2023.

How does this agreement affect Golden Grail Technology's market strategy?

This agreement enhances Golden Grail's market presence and supports its strategy of fiscally responsible growth through strategic partnerships.