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SponsorsOne Inc. (CSE:SPO, OTC PINK:SPONF) has announced the expansion of its distribution network in the Midwest for its Doc Wylder's brand. New partnerships have been established with three distributors in Illinois: Louis Glunz Beer, Koerner Distributor, and G&M Distributors. CEO Myles Bartholomew emphasized the increasing demand for products with natural ingredients and sophisticated flavors in the Ready to Drink market. The company is focused on enhancing its reach across the U.S., solidifying its position in the alcoholic beverage sector.
SponsorsOne Inc. (CSE:SPO, OTC PINK:SPONF) announced that its product, Doc Wylder's, has been authorized for sale by Ralphs in Southern California. This marks a significant step as Ralphs is a subsidiary of Kroger, the largest grocery retailer in the US, which operates around 2,800 stores. Doc Wylder's aligns with consumer trends favoring premium, low-sugar, and gluten-free options in ready-to-drink beverages. CEO Myles Bartholomew emphasized the growing demand for better-quality drinks, especially as social activities resume.
SponsorsOne Inc. (CSE:SPO) (OTC:SPONF) has entered into a significant distribution agreement with Republic National Distributing Company (RNDC) for its brand Doc Wylder's. The ready-to-drink spirits market is projected to outpace wine sales in the U.S. by 2021, with RTDs expected to capture a 22% market share by 2025. RNDC, a leading beverage distributor, will begin distributing Doc Wylder's in California. This partnership strengthens SponsorsOne's national distribution strategy, aiding the growth of its proprietary brands in the Alcohol and Functional Beverage sectors.
SponsorsOne Inc. (OTC PINK:SPONF) announced that its Smithville Distillery - Spirits collection is now available for direct purchase online through Great American Craft Spirits. This collection includes a variety of premium spirits such as Bourbon, Whiskey, Vodka, and Gin, developed in-house with unique blends. The move targets the growing 'Direct to Consumer' spirits market, projected to reach $24 billion by 2026. The company aims to leverage its competitive advantage in the alcohol sector, bolstered by advanced digital marketing strategies.
SponsorsOne Inc. (CSE:SPO)(OTC PINK:SPONF) has successfully launched its Doc Wylder's alcohol-infused lemonade in major Costco locations in Las Vegas, achieving remarkable market entry within 6 months. The 12-pack features four premium flavors, including lemonade infused with vodka and tequila, designed for broad consumer appeal. This expansion is bolstered by Costco's strong market position in alcohol sales, particularly in Ready to Drink (RTD) products. The company aims to leverage its unique digital marketing and distribution models to enhance brand visibility and sales.
SponsorsOne Inc. (CSE:SPO, OTC PINK:SPONF) announced an exclusive sales agreement with Trajectory Beverage Partners to launch its Doc Wylder's brand in Canada, starting in Western Canada.
The goal is to have the product available in stores across Alberta by July 2021, with further rollouts planned. The ready-to-drink cocktail market is projected to grow at a CAGR of 12% from 2021 to 2028, highlighting potential demand for Doc Wylder's. The product has already seen success in 21 U.S. states since its April launch.
SponsorsOne Inc. (CSE:SPO, OTC PINK:SPONF) has launched the Doc Wylder's online store, offering a variety of lemonade-infused alcoholic beverages. The store features four flavors, including lemonade infused with vodka and tequila, and is currently providing a 20% discount for the first 100 customers, who can also enjoy free shipping. CEO Myles Bartholomew emphasizes the importance of direct-to-consumer sales in the spirits market. The move aims to strengthen the brand's presence across 32 states in the USA.
SponsorsOne Inc. (CSE:SPO, OTC PINK:SPONF) announced a significant co-packing agreement with Brand Force LLC to scale production of its Doc Wylder's beverage line. The new partnership enables production on both coasts of the USA, increasing capacity up to 200 cans per minute and 50,000 cases monthly. This move is essential to meet burgeoning demand amid a projected 40% growth in spirits-based ready-to-drink cocktail sales. The company also plans to leverage Brand Force's supply chain for cost savings and potential international bottling options.
SponsorsOne Inc. (OTC PINK: SPONF) announced the completion of its distribution footprint in the Western USA, adding Washington, Arizona, and New Mexico for its brand, Doc Wylder's. This expansion enables access to thousands of retail locations, with products expected on shelves by late May to early June. Highlights from the IWSR indicate a 43% growth in the Ready-to-Drink (RTD) sector in 2020, with projections of 21.8% CAGR from 2019 to 2024. The company is also initiating discussions for international distribution in Canada and Mexico.
SponsorsOne Inc. has secured a distribution agreement with Johnson Brothers for its Doc Wylder's Ready to Drink spirits in Southern Nevada, focusing on Las Vegas' casinos and outdoor events.
CEO Myles Bartholomew emphasizes the strategic importance of this market, especially during the summer season. The market report hints at a growing demand for premium RTDs, which Doc Wylder's aims to capitalize on.
Additionally, a promotional venture involves the Doc Wylder's Boat, set to enhance brand visibility and consumer engagement starting May 4th.
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