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Jupiter Wellness, Inc. - JUPW STOCK NEWS

Welcome to our dedicated page for Jupiter Wellness news (Ticker: jupw), a resource for investors and traders seeking the latest updates and insights on Jupiter Wellness stock.

Jupiter Wellness, Inc. (JUPW) drives innovation in CBD-infused therapeutic products, from sun care lotions to advanced dermatological solutions. This page serves as the definitive source for verified company updates, offering stakeholders timely access to official announcements.

Find curated press releases covering new product launches across Canisun, Caniskin, and CanidermRx brands, regulatory milestones in the CBD sector, financial disclosures, and strategic partnerships. Each update is sourced directly from Jupiter Wellness to ensure accuracy and compliance with financial reporting standards.

Investors and industry observers can use this resource to monitor JUPW's growth in the competitive wellness market. Bookmark this page for efficient tracking of the company's advancements in CBD research and consumer product development.

News

Jupiter Wellness Changes its Name to Safety Shot and Ticker to “SHOT” in Alignment with New Business Focus

Rhea-AI Summary
Jupiter Wellness changes name to Safety Shot, Inc. and ticker symbol to SHOT. Safety Shot, a patented beverage, aims to reduce blood alcohol content and boost clarity. It is entering production and set to launch in Q4 2023. Hangover remedies market valued at $1.56 billion in 2020, projected to grow at 14.6% CAGR. Safety Shot aims to dominate e-commerce, retail shelf space, and establish ties with key partners in a $1.5 billion industry.
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Jupiter Wellness Responds to Frivolous Claims Made by FSD Pharma and Unauthorized Tagging of its Stock.

Rhea-AI Summary
Jupiter Wellness retains securities litigation firm to investigate claims by FSD Pharma, not a party to $53 million lawsuit filed by GBB Drink Lab.
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9.8%
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Jupiter Wellness Appoints Jarrett Boon, as COO

Rhea-AI Summary
Jarrett Boon appointed as COO of Jupiter Wellness, leading the launch of Safety Shot, a $1.56 billion market opportunity. Safety Shot creates a new product category in the hangover remedy market. Boon has a successful track record, including involvement in LifeLock's acquisition for $2.3 billion.
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10.87%
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FSD Pharma Rebuts Claims of GBB Drink Lab now acquired by Jupiter Wellness Inc. Trading under the symbol (NASDAQ: JUPW)

Rhea-AI Summary
FSD Pharma provides clarity and rebuttal to claims made by GBB Drink Lab regarding their development of an alcohol detoxification drink. FSD Pharma believes GBB's claims are untrue and demonstrate a lack of understanding. FSD Pharma will vigorously defend against the lawsuit and continues to work on their own alcohol detoxification products.
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Jupiter Wellness Announces Darren Heitner, Esq. Sports Attorney and Influencer Signs on as Brand Ambassador for Safety Shot

Rhea-AI Summary
Darren Heitner, a renowned expert on name, image, and likeness (NIL), becomes a brand ambassador for Safety Shot, a blood alcohol detox drink to launch in Q4 2023. Safety Shot aims to disrupt the $1.56 billion hangover remedies market, projected to grow at a CAGR of 14.6%. Jupiter Wellness is preparing for production and invites media to a tasting event on September 15th.
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UFC Marital Artist and Influencer Hector Lombard Signs on with Jupiter Wellness’ Safety Shot

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Jupiter Wellness announces brand ambassador for its rapid alcohol detox drink, Safety Shot
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Jupiter Wellness’s Safety Shot, the World’s First Rapid Blood Alcohol Detox Drink, is in Production—Launch Last Q of 2023

Rhea-AI Summary
Jupiter Wellness to produce Safety Shot, a blood alcohol detox drink, in Q4 2023. Safety Shot lowers blood alcohol content by up to 50% in 30 minutes. Hangover remedies market valued at $1.56B in 2020, projected to grow at CAGR of 14.6% from 2021 to 2028.
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15.69%
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Jupiter Wellness’ Subsidiary SRM Entertainment, Inc. Announces Pricing of its Initial Public Offering

Rhea-AI Summary
Jupiter Wellness, Inc. retains 4.5 million shares of SRM Entertainment following SRM's IPO.
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-13.56%
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Jupiter Wellness Teams Up with David Gold and D3M Licensing Group to Launch Safety Shot, the World’s First Rapid Blood Alcohol Detox Drink

Rhea-AI Summary
Jupiter Wellness signs consulting agreement with David Gold and D3M Licensing Group to support global launch of Safety Shot, a rapid blood alcohol detoxification product. Safety Shot lowers blood alcohol content by up to 50% in 30 minutes. Hangover remedy market valued at $1.56 billion in 2020 and projected to grow at a CAGR of 14.6% through 2028. D3M's previous success with Celsius brand functional beverages. Positive potential for Safety Shot in the beverage industry.
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22.12%
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Jupiter Wellness Closes Acquisition of Safety Shot, Plans to Change Company Name and Focus on Launch of World’s First Rapid Blood Alcohol Detox Drink

Rhea-AI Summary
Jupiter Wellness acquires GBB Drink Lab Inc. and plans to focus on its rapid blood alcohol detox drink, Safety Shot, in the growing hangover remedy market valued at $1.56 billion.
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Jupiter Wellness, Inc.

Nasdaq:JUPW

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JUPW Stock Data

49.33M
9.02M
44.96%
18.71%
7.54%
Drug Manufacturers - Specialty & Generic
Healthcare
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United States
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