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. (symbol: JUPW) is a pioneering company in the consumer product development sector, focusing on hemp-derived cannabidiol (CBD) solutions. Founded in 2018 and headquartered in Jupiter, Florida, the company aims to harness the therapeutic potential of CBD to address various medical conditions and ailments including cancer, arthritis, anxiety, insomnia, psoriasis, and chronic pain.
Jupiter Wellness markets CBD-infused sun care lotions under the Canisun brand, offering formulations with various sun protection factors. Additionally, the company is expanding its product range with CBD-infused skincare products under the Caniskin brand and advanced dermatological treatments under the CanidermRx brand.
By integrating CBD's therapeutic properties into everyday wellness products, Jupiter Wellness is at the forefront of a rapidly growing industry. The company continues to achieve significant milestones, driven by ongoing research and development, strategic partnerships, and a commitment to providing innovative solutions for health and wellness.
For further information, Jupiter Wellness can be contacted at:
- Phone: 561-244-7100
- Email: info@JupiterWellness.com
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 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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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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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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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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Jupiter Wellness announces brand ambassador for its rapid alcohol detox drink, Safety Shot
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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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Jupiter Wellness, Inc. retains 4.5 million shares of SRM Entertainment following SRM's IPO.
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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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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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FAQ
What is the market cap of Jupiter Wellness (jupw)?
The market cap of Jupiter Wellness (jupw) is approximately 49.3M.
What does Jupiter Wellness, Inc. specialize in?
Jupiter Wellness specializes in hemp-derived cannabidiol (CBD) consumer product development, focusing on therapeutic and medical applications.
What are some of the ailments Jupiter Wellness's products aim to treat?
Jupiter Wellness develops CBD products to address conditions such as cancer, arthritis, anxiety, insomnia, psoriasis, and chronic pain.
What brands are under Jupiter Wellness, Inc.?
Jupiter Wellness markets products under brands like Canisun for sun care lotions, Caniskin for skincare, and CanidermRx for dermatological treatments.
When was Jupiter Wellness, Inc. founded?
Jupiter Wellness, Inc. was founded in 2018.
Where is Jupiter Wellness, Inc. headquartered?
Jupiter Wellness is headquartered in Jupiter, Florida.
How can I contact Jupiter Wellness, Inc.?
You can contact Jupiter Wellness at 561-244-7100 or via email at info@JupiterWellness.com.
What is the stock symbol for Jupiter Wellness, Inc.?
The stock symbol for Jupiter Wellness, Inc. is JUPW.
Are Jupiter Wellness's products based on CBD?
Yes, all products developed by Jupiter Wellness are infused with hemp-derived cannabidiol (CBD).
What is the Canisun brand known for?
The Canisun brand is known for its CBD-infused sun care lotions with various sun protection factors.
What recent achievements has Jupiter Wellness, Inc. made?
Jupiter Wellness continues to achieve significant milestones through research, development, and strategic partnerships, contributing to its growth in the CBD wellness industry.
Jupiter Wellness, Inc.
Nasdaq:JUPW
JUPW Rankings
JUPW Stock Data
49.33M
9.02M
44.96%
18.71%
7.54%
Drug Manufacturers - Specialty & Generic
Healthcare
United States
Jupiter