Golden Grail Technology (OTC: GOGY) Announces Full Circle Distribution Agreement

Rhea-AI Summary

Golden Grail Technology (OTC: GOGY) has announced a distribution agreement with Full Circle Distributors to distribute its Sway Energy drink in Pennsylvania. This partnership aims to enhance Sway's presence in the Northeast, leveraging Full Circle’s established distribution channels, which include grocery stores, gyms, and colleges. CEO Steve Hoffman emphasized the significance of this agreement, as Pittsburgh is strategically located near over half of the US population. Golden Grail focuses on building its beverage portfolio through strategic investments in brands with proven sales and a loyal consumer base.

Positive

• Signed distribution agreement with Full Circle Distributors for Sway Energy in Pennsylvania.
• Partnership expected to increase brand presence in the Northeast market.
• Full Circle has a wide distribution network across various retail channels.

Negative

• None.

FORT LAUDERDALE, Fla. , March 3, 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 signed distribution agreement with Full Circle Distributors to distribute Sway Energy in Pennsylvania.

Since 2010 Full Circle Distributors has been partnering with great retailers to bring the highest quality products to the Pittsburgh area. Full Circle's distribution channel included grocery stores, gyms, restaurants, hotels, gas stations, convenience stores, colleges and universities.

"I am pleased to announce our new partnership agreement with Full Circle Distributors." stated Steve Hoffman, CEO of Golden Grail, "Full Circle is one of the top distributors in Pittsburgh, which is within 500 miles of more than half the US population. We believe this new partnership will help us greatly to increase Sway Brand presence in the Northeast.

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 distribution agreement announced by Golden Grail Technology?

Golden Grail Technology signed a distribution agreement with Full Circle Distributors to distribute Sway Energy in Pennsylvania.

How will the partnership with Full Circle Distributors benefit GOGY?

The partnership is expected to enhance the brand presence of Sway Energy in the Northeast region, leveraging Full Circle's extensive distribution network.

What are the target markets for the Sway Energy drink?

The target market includes grocery stores, gyms, restaurants, hotels, and colleges in Pennsylvania.

Who is the CEO of Golden Grail Technology?

The CEO of Golden Grail Technology is Steve Hoffman.