Welcome to our dedicated page for Safety Shot news (Ticker: SHOT), a resource for investors and traders seeking the latest updates and insights on Safety Shot stock.
Safety Shot, Inc. (symbol: SHOT) is a prominent player in the wellness and functional beverage sector. Known for its innovative and health-centric products, the company is headquartered in Jupiter, Florida. Safety Shot, Inc. initially made waves as Jupiter Wellness, Inc., specializing in the development of hemp-derived cannabidiol (CBD) products for therapeutic and medical purposes. These products targeted a variety of ailments including cancer, arthritis, anxiety, insomnia, psoriasis, and chronic pain.
The company's product portfolio includes CBD-infused sun care lotions under the Canisun brand, providing various sun protection factors. Additionally, it is developing CBD-infused skincare products under the Caniskin brand and dermatological treatments under the CanidermRx brand.
Transitioning from its CBD roots, Safety Shot, Inc. has now ventured into the functional beverage market. The company is set to launch its groundbreaking product, Safety Shot. This patented beverage is designed to help consumers feel better faster by reducing blood alcohol content and enhancing mental clarity.
In a strategic move to expand its market presence, Safety Shot, Inc. has partnered with Gopuff, a delivery service that promises to bring thousands of products to customers' doorsteps within minutes. This collaboration is aimed at making Safety Shot a household name.
For more details about their products and latest developments, visit their official website at www.drinksafetyshot.com.
Safety Shot (NASDAQ: SHOT) has announced a settlement agreement with Bigger Capital , resolving pending litigation and strengthening the company's financial position. The agreement includes Bigger Capital receiving participation rights of up to 25% in future Safety Shot financings, though there are no specific commitments or understandings regarding future financing terms or participation levels.
CEO Jarrett Boon emphasized that the settlement eliminates uncertainty and allows the company to focus on its growth strategy. Michael Bigger of Bigger Capital expressed confidence in Safety Shot's vision and potential, indicating interest in exploring ways to enhance their relationship.
The wellness and dietary supplement company plans to focus on expanding its product portfolio, strengthening its distribution network, and pursuing opportunities in the wellness and functional beverage market.
Yerbaé Brands Corp. (TSX-V: YERB.U; OTCQX: YERBF) has announced a significant retail expansion through a new partnership with Casey's General Stores, bringing its plant-based functional beverages to over 300 locations across the Midwest. The agreement will feature Yerbaé's popular 12oz SKUs, including Mango Passionfruit, Black Cherry Pineapple, and Peachy Mimosa Twist flavors.
This expansion follows Safety Shot's recent partnership with 7-Eleven, which placed its alcohol-reducing product in 300 Chicago-area stores. Both companies share facilities in Scottsdale, Arizona, and Safety Shot is in the process of acquiring Yerbaé. Casey's operates more than 2,400 convenience stores across 16 states, while 7-Eleven's global network spans 77,000 stores in 17 countries, providing significant distribution potential for both brands.
Yerbaé Brands Corp. has announced new distribution partnerships with four companies - Carlson Distributing, Bison Beverage, George's Distributing, and Craig Stein Beverage - to service Smith's Food & Drug locations across seven western U.S. states. This expansion will make Yerbaé's products available in over 100 Smith's stores, a subsidiary of Kroger.
The distribution network will cover Utah (Carlson), Wyoming (Bison), Montana (George's), and Boise, Idaho (Craig Stein). The distributors will deliver Yerbaé's 12oz functional beverage line, featuring flavors like Mango Passionfruit and Watermelon Strawberry.
This expansion aligns with Safety Shot's (SHOT) strategic growth plans following their agreement to acquire Yerbaé. The partnerships are expected to create synergies for Safety Shot by providing access to an expanded distribution network and potential collaboration opportunities for joint marketing and sales initiatives.
Safety Shot (NASDAQ: SHOT) has announced a definitive agreement to acquire Yerbaé Brands Corp., a plant-based energy beverage company that generated approximately $12 million in revenue in fiscal year 2023. The transaction, valued at $15.2 million in equity value and $19.7 million in enterprise value, will be executed through a share exchange where Yerbaé shareholders will receive 20 million SHOT shares, representing approximately 24.2% ownership of the combined company.
The acquisition aims to combine Safety Shot's wellness solutions with Yerbaé's plant-based energy drinks, creating potential synergies in distribution, supply chain, and product innovation. The deal is expected to close in Q2 2025, subject to shareholder and regulatory approvals. Post-merger, Safety Shot shareholders will retain approximately 75.8% ownership.
The transaction includes significant strategic benefits including leveraging Yerbaé's distribution network, supply chain optimization, product portfolio expansion, and cost savings through operational efficiencies. The combined company will maintain Safety Shot's existing management team, with Yerbaé's leadership assuming secondary management roles.
Safety Shot (NASDAQ: SHOT) has launched Sure Shot On-the-Go Powder Stick Packs, expanding its alcohol-reducing product line into a convenient portable format. The product comes in two flavors: Citrus Splash and Berry Blast, and will be available on Amazon by mid-Q1 and in retail stores in Q2.
The stick packs contain the company's clinically proven formula that reduces blood alcohol levels in as little as 30 minutes. The new format offers advantages including precise dosing, portability, and reduced environmental impact compared to traditional packaging. The product features a blend of electrolytes, antioxidants, and natural extracts.
The company is targeting the wellness market, projected to exceed $2 billion by 2033 with a 5.4% CAGR. Management expects the stick pack format to lower production costs and increase operational efficiency, potentially improving the company's financial performance.
Safety Shot (NASDAQ: SHOT) projects over 50% revenue growth in Q4 2024 compared to Q3 2024, driven by the rebranding of its flagship product Sure Shot and expanded retail distribution. The company has secured partnerships with major retailers including 7-Eleven, Amazon, and various grocery chains, with Sure Shot now available in over 450 retail locations in the Chicago area alone.
The Q3 2024 marked a strategic turning point as the company focused on rebranding and inventory optimization. The company has established distribution agreements with leading retailers across the Southwest and Midwest, including a grocery chain with over 300 stores. Safety Shot attributes its growth to its strong distribution network, successful rebranding strategy, and growing market demand for alcohol-reducing beverages.
Safety Shot Inc (Nasdaq: SHOT) has announced that its alcohol-reducing dietary supplement, Sure Shot, is now available for purchase on Walmart's online store. This expansion marks a significant step in the company's growth strategy and distribution reach.
Sure Shot, marketed as the world's first dietary supplement designed to reduce blood alcohol content (BAC) and boost mental clarity, contains B vitamins, antioxidants, electrolytes, and nootropics. The product aims to support responsible drinking while maintaining mental clarity and energy.
CEO Jarrett Boon emphasized that this partnership provides a platform to reach wider audiences and represents a step toward potential future placement in physical stores. The company aims to strengthen its position in the responsible drinking market through this e-commerce expansion.
Safety Shot (NASDAQ: SHOT) has secured a distribution agreement with a major national grocery chain to sell its Sure Shot beverages in 192 stores across Nevada, Arizona, and California. The grocery chain, which operates over 2,200 stores nationwide, will feature the company's 4 oz. alcohol-reducing beverage prominently during November and December. Sure Shot is marketed as the world's first beverage designed to reduce blood alcohol content (BAC) in 30 minutes or less, containing B vitamins, antioxidants, electrolytes, and nootropics.
Safety Shot Inc (Nasdaq: SHOT) has launched its rebranded alcohol-reducing beverage, Sure Shot, in a new 4 oz. format across 300+ locations of a leading Midwestern grocery chain. The beverage, designed to reduce blood alcohol content in as little as 30 minutes, contains B vitamins, antioxidants, electrolytes, and nootropics. The product launch is supported by a recently awarded patent and positive clinical study results. The new format and updated branding aim to enhance consumer convenience and visibility through off-shelf displays in high-traffic store locations.
Safety Shot (NASDAQ: SHOT) announced significant Q3 2024 developments, including its rebranding to 'Sure Shot' and launch of new 4oz bottles and stick packs. The company secured major distribution partnerships with 7-Eleven (300+ Chicago stores), Stellar Partners (airports), and Atlantic Beverage Distributors (Massachusetts and Rhode Island). Notable achievements include a new patent for BAC-reducing formulation, positive clinical study results, and a $3.4 million investment from company President Jordan Schur. The company plans to spin-off its Caring Brands wellness segment within 90 days, with shareholders receiving two million shares of the new entity.
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