Yerbaé Strengthens Distribution Network With Three New Partnerships
April 18 2024 - 7:07AM
Business Wire
Ed F Davis Inc DFW, Maverick Distribution &
Standard Beverage to now stock Yerbaé Product
Yerbaé Brands Corp. (TSX-V: YERB.U; OTCQX: YERBF)
(“Yerbaé” or the “Company”), a plant-based energy
beverage company, announced the signing of strategic distribution
partnerships with three esteemed companies: Ed F Davis Inc DFW,
Maverick Distribution, and Standard Beverage Corporation. These
partnerships mark 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.
This press release features multimedia. View
the full release here:
https://www.businesswire.com/news/home/20240418609296/en/
Yerbaé Plant-Based Energy, caffeinated by
Yerba Mate (Photo: Business Wire)
Ed F Davis Inc DFW, recognized for its expertise in
non-alcoholic beverage distribution, will champion Yerbaé's product
line by delivering it to grocery stores in the vibrant DFW
(Dallas-Fort Worth) market. Maverick Distribution will serve
Central and Eastern Nebraska as well as Central and Western Iowa,
and Standard Beverage Corporation will bring Yerbaé's innovative
plant-based energy drinks to the entire state of Kansas.
Each distributor 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.
“These collaborations represent an exciting opportunity for
Yerbaé to expand our reach and make our newly launched 12 oz energy
line accessible to consumers nationwide. With the support of our
distribution partners and the incredible retailers that have
authorized the products, we are confident in our ability to meet
the growing demand and continue our mission of providing consumers
with a healthier alternative in the energy drinks category,” said
Seth Smith, Vice President Sales of Yerbaé Plant-Based Energy.
With the addition of these three esteemed distributors, Yerbaé
is poised for continued growth and success in the competitive
beverage marketplace.
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.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20240418609296/en/
For investors, investors@yerbae.com or 480.471.8391
To reach CEO Todd Gibson, todd@yerbae.com or 480.471.8391
Yerbae Brands (TSXV:YERB.U)
Historical Stock Chart
From Oct 2024 to Nov 2024
Yerbae Brands (TSXV:YERB.U)
Historical Stock Chart
From Nov 2023 to Nov 2024