STOCK TITAN

Yerbaé Partners with Glazers Beer & Beverage to Expand Distribution in Texas & Louisiana

Rhea-AI Impact
(Neutral)
Rhea-AI Sentiment
(Neutral)
Tags
partnership
Rhea-AI Summary

Yerbaé Brands Corp. (TSX-V: YERB.U; OTCQX: YERBF), a plant-based energy beverage company, has announced a strategic partnership with Glazer's Beer & Beverage. This partnership will expand Yerbaé's distribution to over 10,000 retail accounts across Arkansas, Louisiana, and Texas. Glazers will distribute Yerbaé's new 12 oz energy product line, including flavors like Mango Passionfruit and Raspberry Sorbet, through 8 branches in Texas and Louisiana, covering 75 Texas counties. CEO Todd Gibson highlighted the benefits of Glazers' extensive network in enhancing Yerbaé's market presence, including being a broker for chains like H-E-B.

Positive
  • Yerbaé secures distribution through Glazer's Beer & Beverage, covering 75 counties in Texas and Louisiana.
  • Partnership extends Yerbaé's reach to over 10,000 retail accounts in Arkansas, Louisiana, and Texas.
  • Glazers will distribute Yerbaé's new 12 oz energy product line, introducing multiple new flavors.
  • The strategic move enhances Yerbaé's market presence in major regional chains like H-E-B.
  • Glazers' expertise and vast distribution network provide an efficient pathway for market expansion.
Negative
  • The press release does not mention any financial specifics, leaving potential revenue impacts unclear.
  • Expansion into new markets carries inherent risks, such as market acceptance and logistical challenges.

SCOTTSDALE, Ariz.--(BUSINESS WIRE)-- Yerbaé Brands Corp. (TSX-V: YERB.U; OTCQX: YERBF) (“Yerbaé” or the “Company”), a plant-based energy beverage company, announced its strategic partnership with Glazer's Beer & Beverage, LLC (GBB), a premier beverage distributor renowned for serving over 10,000 retail accounts across Arkansas, Louisiana, and Texas.

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

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

As one of the nation's leading Molson Coors distributors, Glazers brings unparalleled expertise and a vast distribution network to the table, making it an ideal partner for Yerbaé's expansion efforts. Through this partnership, Yerbaé has secured distribution across 8 branches in Texas and Louisiana, covering 75 counties in Texas alone.

"We are excited to join forces with Glazer's Beer & Beverage to extend the reach of Yerbaé and introduce our newest 12 oz energy product line to consumers across Texas and Louisiana," said Todd Gibson, CEO and Co-Founder of Yerbaé. "Their extensive distribution network and industry knowledge make them the perfect ally as we continue to expand our footprint and bring our energizing beverages to new markets."

Glazers will be delivering Yerbae’s newest 12oz energy product line which includes- Mango Passionfruit, Watermelon Strawberry, Black Cherry Pineapple, Raspberry Sorbet and Peachy Mimosa Twist. This partnership marks a significant step forward for Yerbaé as it expands its distribution footprint and introduces its 12 oz energy line to its recently announced national retailers and regional customers. In addition to serving as a distributor, Glazers will also act as a broker, facilitating Yerbaé's expansion into regional chains such as H-E-B and enhancing its presence in the retail sector.

This partnership with Glazers marks a significant milestone for Yerbaé as it strengthens its distribution footprint and establishes key relationships with prominent distributors in the beverage industry.

About Yerbaé

Yerbaé Brands Corp., (TSXV: YERB.U; OTCQX: YERBF) makes great-tasting energy beverages with yerba mate and other premium, plant-based ingredients. All Yerbaé energy beverages are zero calorie, zero sugar, non-GMO, vegan, kosher, keto-friendly, paleo-approved, gluten free and diabetic-friendly. Founded in Scottsdale, AZ in 2017, Yerbaé seeks to disrupt the energy beverage marketplace by offering a no-compromise energy solution, with input and support from its recently-announced Yerbaé Advisory Board, Sports and Entertainment. Find us @DrinkYerbae 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.

For investors, investors@yerbae.com or 480.471.8391

To reach CEO Todd Gibson, todd@yerbae.com or 480.471.8391

Source: Yerbaé Brands Corp.

FAQ

What is the new partnership announced by Yerbaé?

Yerbaé announced a strategic partnership with Glazer's Beer & Beverage to expand distribution in Texas and Louisiana.

Which regions will Yerbaé's new products be distributed through the Glazer's partnership?

Yerbaé's new 12 oz energy products will be distributed across 75 counties in Texas and Louisiana.

What new products will Yerbaé introduce through Glazers?

Yerbaé will introduce a new 12 oz energy product line, including flavors like Mango Passionfruit and Raspberry Sorbet.

What is the significance of the Glazer's partnership for Yerbaé?

The partnership with Glazers significantly expands Yerbaé's distribution network, reaching over 10,000 retail accounts.

How will Glazers assist Yerbaé beyond distribution?

Glazers will also act as a broker, facilitating Yerbaé's expansion into regional chains such as H-E-B.

YERBAE BRANDS CORP

OTC:YERBF

YERBF Rankings

YERBF Latest News

YERBF Stock Data

6.94M
26.99%
0.11%
Beverages - Non-Alcoholic
Consumer Defensive
Link
United States of America
Scottsdale