Yerbaé Brands partners with Casey's General Stores to expand retail presence, offering plant-based beverages in over 300 locations.
Quiver AI Summary
Yerbaé Brands Corp. has announced a partnership with Casey's General Stores to expand its retail presence, making its plant-based functional beverages available in over 300 locations across the Midwest and Great Plains. This collaboration allows Casey's customers to access popular Yerbaé flavors like Mango Passionfruit, Black Cherry Pineapple, and Peachy Mimosa Twist, aligning with growing demand for healthier energy drinks in convenience stores. CEO Todd Gibson highlighted the significance of this partnership in reaching on-the-go consumers looking for better beverage alternatives. Additionally, the expansion complements Yerbaé's recent successes, including a strategic alliance with Safety Shot, which has secured product placement in 300 7-Eleven stores. This strategic growth aims to enhance both brands' appeal in the functional beverage market.
Potential Positives
- Yerbaé Brands Corp. has expanded its retail presence by partnering with Casey’s General Stores, increasing accessibility to its plant-based functional beverages in over 300 locations.
- This partnership allows Yerbaé to cater to the growing demand for healthier beverage options within the convenience store market, positioning the brand effectively for future growth.
- The collaboration with a well-established chain like Casey’s enhances Yerbaé’s visibility and credibility, potentially attracting a new customer base interested in on-the-go healthy drinks.
- This expansion follows a successful partnership with 7-Eleven, reflecting an ongoing strategy to build a robust distribution network that can leverage synergies between brands for increased market penetration.
Potential Negatives
- Yerbaé's business strategy appears to heavily rely on partnerships with convenience stores, which may indicate potential limitations in their ability to achieve growth independently.
- The mention of forward-looking statements highlights a range of risks and uncertainties surrounding the company's future performance and stability, which could negatively impact investor confidence.
- The ongoing acquisition process by Safety Shot raises concerns about Yerbaé's financial independence and stability, possibly signaling vulnerabilities in their operations.
FAQ
What new partnership did Yerbaé Brands announce?
Yerbaé Brands announced a partnership with Casey’s General Stores, expanding its retail presence to over 300 locations.
Where can customers find Yerbaé beverages?
Customers can find Yerbaé's beverages at Casey's locations in Midwestern states, including popular 12oz SKUs like Mango Passionfruit and Black Cherry Pineapple.
What are the health benefits of Yerbaé drinks?
Yerbaé beverages are plant-based, zero sugar, zero calorie, and contain yerba mate, known for providing numerous vitamins, minerals, and energy.
How does the Casey's partnership impact Yerbaé's growth?
The partnership with Casey's marks a significant milestone in Yerbaé's growth strategy, increasing access to healthier beverage options in convenience stores.
What is Safety Shot's relationship with Yerbaé?
Safety Shot has partnered with Yerbaé and is acquiring the company, enhancing both brands' presence in the beverage market.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$SHOT Insider Trading Activity
$SHOT insiders have traded $SHOT stock on the open market 1 times in the past 6 months. Of those trades, 0 have been purchases and 1 have been sales.
Here’s a breakdown of recent trading of $SHOT stock by insiders over the last 6 months:
- CHRISTOPHER MELTON sold 3,470 shares for an estimated $2,966
To track insider transactions, check out Quiver Quantitative's insider trading dashboard.
$SHOT Hedge Fund Activity
We have seen 20 institutional investors add shares of $SHOT stock to their portfolio, and 23 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- M HOLDINGS SECURITIES, INC. removed 152,463 shares (-100.0%) from their portfolio in Q3 2024, for an estimated $186,004
- SUSQUEHANNA INTERNATIONAL GROUP, LLP added 139,236 shares (+137.6%) to their portfolio in Q3 2024, for an estimated $169,867
- MILLENNIUM MANAGEMENT LLC removed 107,543 shares (-90.3%) from their portfolio in Q3 2024, for an estimated $131,202
- STEWARD PARTNERS INVESTMENT ADVISORY, LLC added 103,000 shares (+217.8%) to their portfolio in Q3 2024, for an estimated $125,660
- PALLAS CAPITAL ADVISORS LLC removed 65,000 shares (-86.7%) from their portfolio in Q4 2024, for an estimated $46,800
- UBS GROUP AG removed 63,085 shares (-99.2%) from their portfolio in Q3 2024, for an estimated $76,963
- BLACKROCK, INC. removed 47,179 shares (-7.0%) from their portfolio in Q3 2024, for an estimated $57,558
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
Full Release
SCOTTSDALE, Ariz., Jan. 21, 2025 (GLOBE NEWSWIRE) -- Yerbaé Brands Corp. (TSX-V: YERB.U; OTCQX: YERBF) (“Yerbaé” or the “Company”), a plant-based functional beverage company, today announced a significant expansion of its retail footprint through a new partnership with Casey’s General Stores, one of the largest convenience store chains in the Midwest and Great Plains regions. This agreement will bring Yerbae’s refreshing and functional beverages to over 300 Casey’s locations, marking a key milestone in Yerbae’s growth strategy.
Casey's customers across multiple Midwestern states will now have access to Yerbae's popular 12oz SKUs, including Mango Passionfruit, Black Cherry Pineapple, and Peachy Mimosa Twist. This partnership strategically positions Yerbaé to meet demand for healthier, plant-powered energy drinks within the convenience store sector.
"Partnering with Casey’s General Stores is a pivotal moment for Yerbae," said Todd Gibson, CEO and Co-Founder of Yerbaé. "Convenience stores are a crucial point of contact for consumers seeking quick, on-the-go refreshment, and this collaboration allows us to deliver our better-for-you energy drinks to a wider audience. We are excited to offer Casey's customers a delicious and natural alternative to traditional sugary options."
Founded in 1959, Casey’s General Stores operates more than 2,400 convenience stores across 16 states, serving both urban and rural communities. Renowned for its customer-centric approach and diverse product offerings, including made-from-scratch pizzas and fuel, Casey’s has established itself as a trusted provider of convenience, quality, and value.
Expanding Distribution Network Creates Synergies for Safety Shot
This expansion into Casey's builds upon Yerbaé's recent successes, including Safety Shot's Inc.’s strategic partnership with 7-Eleven. Safety Shot, which is in the process of acquiring Yerbaé, secured placement of its innovative alcohol-reducing product in 300 7-Eleven stores across the Chicago metropolitan area. Both companies share offices and manufacturing facilities in Scottsdale, Arizona.
"The strategic alignment between Yerbaé and Safety Shot is clear," said Jarrett Boon, CEO of Safety Shot. "Our shared commitment to providing consumers with innovative and convenient wellness solutions makes this expansion into Casey's particularly exciting. We believe this partnership will create valuable synergies for both brands and enhance our ability to meet the evolving needs of consumers across the Midwest."
Leveraging 7-Eleven's Global Reach
The 7-Eleven partnership, which introduced Safety Shot's alcohol-reducing product, Sure Shot, to 300 stores in the Chicago metropolitan area, is particularly significant due to the chain's extensive global footprint.
With over 77,000 stores in 17 countries, 7-Eleven provides Safety Shot with access to a massive customer base and unparalleled brand visibility. This strategic alliance leverages 7-Eleven's proven track record of successfully launching beverage brands, including notable successes like Red Bull, Bai, and Celsius. Furthermore, Safety Shot benefits from prime placement within 7-Eleven stores, with prominent counter-top displays that encourage impulse purchases and drive product awareness.
This latest distribution agreement with Casey's marks a significant step forward in Yerbaé's ongoing expansion strategy, further solidifying its position as a leader in the functional beverage market while complementing Safety Shot’s innovative crossroads across the United States.
Yerbaé Brands Corp.
Founded in 2017 by Todd Gibson and Karrie Gibson, Yerbaé Brands Corp., (TSX-V: YERB.U; OTCQX: YERBF) is disrupting the functional 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 key ingredient (yerba mate, a South American herb) is known to produce 196 different vitamins, minerals and nutrients as well as caffeine.
By combining yerba mate with its premium ingredients and flavors, Yerbaé provides consumers with a no compromise functional beverage solution. All Yerbaé beverages are zero calorie, zero sugar, non-GMO, and gluten free.
Find us @DrinkYerbaé on Instagram, Facebook, Twitter and TikTok, or online at
https://yerbae.com
.
Contact Information:
For investors,
investors@yerbae.com
or 480.471.8391
To reach CEO Todd Gibson,
todd@yerbae.com
or 480.471.8391
About Safety Shot, Inc.
Safety Shot, Inc., a wellness and dietary supplement company, has developed Sure Shot, the first patented wellness product on Earth that lowers blood alcohol content by supporting its metabolism, while boosting clarity, energy, and overall mood. Sure Shot is available for purchase online at
www.sureshot.com
,
www.walmart.com
and Amazon. The Company is introducing business-to-business sales of Sure Shot to distributors, retailers, restaurants, and bars throughout 2025.
Investor Relations
Phone: 561-244-7100
Email:
investors@drinksafetyshot.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.
Forward-Looking Statements
This press release contains certain forward-looking statements within the meaning of the federal securities laws with respect to the proposed business combination between SHOT and Yerbaé. All statements other than statements of historical facts contained in this press release, including statements regarding Pubco’s, SHOT’s or Yerbaé’s future results of operations and financial position, Pubco’s, SHOT’s and Yerbaé’s business strategy, prospective costs, timing and likelihood of success, plans and objectives of management for future operations, future results of current and anticipated operations of Pubco, SHOT and Yerbaé, and the expected value of the combined company after the transactions, are forward-looking statements. These forward-looking statements generally are identified by the words “believe,” “project,” “expect,” “anticipate,” “estimate,” “intend,” “strategy,” “future,” “opportunity,” “plan,” “may,” “should,” “will,” “would,” “will be,” “will continue,” “will likely result,” and similar expressions. These forward-looking statements are subject to a number of risks, uncertainties and assumptions, including, but not limited to, the following risks relating to the proposed business combination: the risk that the transaction may not be completed in a timely manner or at all, which may adversely affect the price of SHOT’s securities; the occurrence of any event, change or other circumstances that could give rise to the termination of the definitive agreement; the inability to complete the transactions contemplated by the definitive agreement, including due to failure to obtain approval of the shareholders of SHOT or other conditions to closing in the definitive agreement; the inability to obtain or maintain the listing of SHOT ordinary shares on Nasdaq following the business combination; the risk that the transactions contemplated by the business combination disrupt current plans and operations of SHOT as a result of the announcement and consummation of these transactions; the ability to recognize the anticipated benefits of the business combination, which may be affected by, among other things, competition, the ability of the combined company to grow and manage growth economically and hire and retain key employees; costs related to the business combination; changes in applicable laws or regulations; the possibility that Yerbaé or SHOT may be adversely affected by other economic, business, and/or competitive factors; and other risks and uncertainties to be identified in the Registration Statement and accompanying proxy statement/prospectus (when available) relating to the transactions, including those under “Risk Factors” therein, and in other filings with the SEC made by SHOT. Moreover, Yerbaé and SHOT operate in very competitive and rapidly changing environments. Because forward-looking statements are inherently subject to risks and uncertainties, some of which cannot be predicted or quantified and some of which are beyond Yerbaé’s and SHOT’s control, you should not rely on these forward-looking statements as predictions of future events. Forward-looking statements speak only as of the date they are made. None of Yerbaé or SHOT gives any assurance that either Yerbaé or SHOT will achieve its expectations. Readers are cautioned not to put undue reliance on forward-looking statements, and except as required by law, Yerbaé and SHOT assume no obligation and do not intend to update or revise these forward-looking statements, whether as a result of new information, future events, or otherwise.
This article was originally published on Quiver News, read the full story.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.