Yerbaé Announces Expanded Foodservice Distribution in the Pacific Northwest with Two Key Accounts

Rhea-AI Summary

Yerbaé Brands Corp. is expanding its foodservice distribution in the Pacific Northwest through partnerships with Evergreen Vending and Google Dining. The expansion with Evergreen Vending will add Yerbaé products to 350 markets, bringing the total count to 660 locations. Yerbaé's Watermelon Lime innovation will now be served in 11 corporate campuses of Google Dining, reaching over 10,000 consumers.

SCOTTSDALE, Ariz.--(BUSINESS WIRE)-- Yerbaé Brands Corp. (TSX-V: YERB.U; OTCQX: YERBF) (“Yerbaé” or the “Company”), a plant-based energy beverage company, today announced an expansion of its foodservice distribution in the Pacific Northwest in partnership with Evergreen Vending and Google Dining. The expansion with Evergreen Vending will see Yerbaé products made available in an additional 350 markets, bringing the total market count to an impressive 660 locations. Evergreen vending is the largest independent operating foodservice provider in the Northwest. Furthermore, Yerbaé is excited to announce that Google dining will now feature Yerbae’s innovation, Watermelon Lime across 11 corporate campuses serving over 10,000 consumers.

Yerbaé Plant-Based Energy, caffeinated by Yerba Mate (Photo: Business Wire)

"We are thrilled to embark on this exciting journey with Evergreen Vending and extend our footprint in the Pacific Northwest," said Seth Smith, Vice President Sales of Yerbaé Plant-Based Energy. "This partnership is a testament to our commitment to offering a healthier beverage alternative, and we look forward to sharing the Yerbaé experience with more people in the region. Moreover, our collaboration with Google Dining underscores our dedication to corporate wellness, and we are excited to now have our Watermelon Lime innovation served in Google's corporate campuses."

Yerbaé's commitment to providing clean energy through its refreshing plant-based ingredients is what sets the brand apart. With a growing presence in the Pacific Northwest and the exciting addition of Google Dining, Yerbaé continues to redefine the beverage industry, proving that healthy and delicious can go hand in hand.

About Yerbaé Brands Corp.

Founded in 2017 by Todd Gibson and Karrie Gibson, Yerbaé Brands Corp., (TSX-V: YERB.U; OTCQX: YERBF) is disrupting the energy beverage marketplace with great tasting, zero sugar, zero calorie beverages, while using plant-based ingredients that are designed to meet the needs of the wellness forward consumer. Harnessing the power of nature, Yerbaé’s celebrity ingredient (Yerba Mate) is known to produce 196 different vitamins, minerals and nutrients that also produces caffeine.

By combining yerba mate, a South American herb with its premium ingredients and flavors, Yerbaé provides consumers with a no compromise energy solution. All Yerbaé energy beverages are zero calorie, zero sugar, non-GMO, and gluten free.

Find us @DrinkYerbaé on Instagram, Facebook, Twitter/X and TikTok, or online at https://yerbae.com.

Disclaimer for Forward-Looking Information

This news release contains forward-looking statements relating to the Company. Statements in this news release that are not purely historical are forward-looking statements and include any statements regarding beliefs, plans, expectations or intentions regarding the future, including: the anticipated use of proceeds of the Offering; that Yerbaé will receive the necessary approvals from the TSXV or otherwise for the closing of the Offering and the Media Specialists Agreement; that Yerbaé will deliver consistent growth; and Yerbaé’s ability to be a leading player in the plant-based functional energy beverage industry. Forward-looking statements are based on assumptions and are subject to a number of risks and uncertainties, many of which are beyond our control, which could cause actual results to differ materially from those that are disclosed in or implied by such forward-looking statements. The material assumptions supporting these forward-looking statements include, among others, that the Company will receive the necessary final approval for the Offering and the Media Specialists Agreement; that the demand for the Company’s products will continue to significantly grow; that the past production capacity of the Company’s co-packing facilities can be maintained or increased; that there will be increased production capacity through implementation of new production facilities, new co-packers and new technology; that there will be an increase in number of products available for sale to retailers and consumers; that there will be an expansion in geographical areas by national retailers carrying the Company’s products; that the Company’s brokers and distributors will continue to sell and prioritize the Company’s products; that there will not be interruptions on production of the Company’s products; that there will not be a recall of products due to unintended contamination or other adverse events relating to the Company’s products; and that the Company will be able to obtain additional capital to meet the Company’s growing demand and satisfy the capital expenditure requirements needed to increase production and support sales activity. Actual results could differ from those projected in any forward-looking statements due to numerous factors. Such factors include, among others, governmental regulations being implemented regarding the production and sale of energy drinks; the fact that consumers may not embrace and purchase any of the Company’s products; additional competitors selling energy drinks reducing the Company’s sales; the fact that the Company does not own or operate any of its production facilities and that co-packers may not renew current agreements and/or not satisfy increased production quotas; the potential for supply chain interruption due to factors beyond the Company’s control; the fact that there may be increases in costs and/or shortages of raw materials and/or ingredients and/or fuel and/or costs of co-packing; the fact that there may be a recall of products due to unintended contamination; the inherent uncertainties associated with operating as an early stage company; changes in customer demand and the fact that consumers may not embrace energy drink products as expected or at all; the extent to which the Company is successful in gaining new long-term relationships with new retailers and retaining existing relationships with retailers, brokers, and distributors; the Company’s ability to raise the additional funding that it will need to continue to pursue its business, planned capital expansion and sales activity; and competition in the industry in which the Company operates and market conditions.

These forward-looking statements are made as of the date of this news, and the Company assumes no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements, except as required by applicable law, including the securities laws of the United States and Canada. Although the Company believes that any beliefs, plans, expectations and intentions contained in this presentation are reasonable, there can be no assurance that any such beliefs, plans, expectations or intentions will prove to be accurate. Readers should consult all of the information set forth herein and should also refer to the risk factors disclosure outlined in greater detail under “Risk Factors” in the Company’s Information Circular dated November 15, 2022 available on SEDAR at www.sedar.com.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

View source version on businesswire.com: https://www.businesswire.com/news/home/20231106054644/en/

For media inquiries, press@yerbae.com or (480) 471-8391

For investors, investors@Yerbaé.com or (480) 471-8391

Source: Yerbaé Brands Corp.

FAQ

What is the expansion of Yerbaé Brands Corp. in the Pacific Northwest?

Yerbaé Brands Corp. is expanding its foodservice distribution in the Pacific Northwest through partnerships with Evergreen Vending and Google Dining.

How many markets will Yerbaé products be available in after the expansion with Evergreen Vending?

Yerbaé products will be available in an additional 350 markets, bringing the total count to 660 locations.

Which company will now feature Yerbaé's Watermelon Lime innovation?

Google Dining will now feature Yerbaé's Watermelon Lime innovation.

How many corporate campuses of Google Dining will serve Yerbaé's Watermelon Lime?

Yerbaé's Watermelon Lime will be served in 11 corporate campuses of Google Dining, reaching over 10,000 consumers.