Yerbaé Welcomes Baseball Great Nolan Arenado to Its Team of Investors
- Nolan Arenado, a legendary baseball player, has joined Yerbaé as an investor.
- Arenado is a ten-time Gold Glove winner, a five-time Silver Slugger, and an eight-time All-Star.
- None.
Yerbaé Welcomes Baseball Great Nolan Arenado to Its Team of Investors (Photo: Business Wire)
“I tasted. I believed. I invested. And I’m excited to help Yerbae win,” said Arenado.
Arenado is the first Major League Baseball player to join an accomplished cohort of leaders representing the world of sports, including professional football, college football and CrossFit. He is a ten-time Gold Glove winner, a five-time Silver Slugger, and an eight-time All-Star.
“Nolan Arenado has earned a stellar reputation for excellence across a storied baseball career – unquestionably one of the best ever. We’re proud to have him join our team of investors,” said Todd Gibson, co-founder and chief executive officer, Yerbaé. “He is an ongoing inspiration to our fast-growing Yerbaé community.”
About Yerbaé
Yerbaé Brands Corp., (TSX-V: 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 and gluten free. Founded in
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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 Initial Tranche; that Yerbaé will close a second tranche of the offering; that Yerbaé will receive the necessary approvals from the TSXV or otherwise for the closing of the offerings noted herein; that Yerbaé will deliver consistent growth; the Sports & Entertainment Board’s role in guiding Yerbaé’s strategic decisions, brand positioning, marketing campaigns and product innovation and that 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 approval for the offerings noted herein; 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.
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Source: Yerbaé Brands Corp.
