Yerbaé Brands expands distribution in the western U.S. with new partnerships for over 100 Smith's grocery locations.
Quiver AI Summary
Yerbaé Brands Corp. has announced partnerships with four distributors to enhance its presence in Smith’s Food & Drug stores across the western United States, serving regions including Utah, Nevada, New Mexico, Arizona, Montana, Idaho, and Wyoming. This expansion, involving over 100 Smith's locations, aligns with the company's growth strategy as it prepares for an acquisition by Safety Shot, Inc. The new distributors include Carlson Distributing, Bison Beverage, George's Distributing, and Craig Stein Beverage, which will facilitate the distribution of Yerbaé's functional beverage line, featuring flavors such as Mango Passionfruit and Watermelon Strawberry. The partnerships aim to meet the increasing consumer demand for healthier beverage options while creating potential collaborative opportunities between Yerbaé and Safety Shot. The company is committed to offering plant-based, zero-calorie, and zero-sugar products to cater to wellness-focused consumers.
Potential Positives
- Yerbaé has established new partnerships with key distributors, enhancing its product availability in over 100 Smith’s Food & Drug locations across the western United States.
- The expansion strengthens Yerbaé's market presence in a growing segment focused on healthier and functional beverages, aligning with consumer demand.
- This partnership supports the strategic growth plans of Safety Shot, Inc., which is set to acquire Yerbaé, potentially increasing synergies for both companies in distribution and marketing.
- The introduction of Yerbaé's latest 12oz functional beverage line demonstrates innovation and responsiveness to market trends, offering consumers a variety of flavor options that cater to wellness-focused lifestyles.
Potential Negatives
- Concerns regarding the business combination with Safety Shot, Inc. may lead to instability and uncertainty about Yerbaé's future direction and performance.
- The press release highlights the competitive nature of the beverage market, implying potential challenges for Yerbaé to maintain and grow its market share against over 1,000 new brands introduced annually.
- Forward-looking statements carry inherent risks and uncertainties, including financial risks and operational disruptions, which may affect investor confidence.
FAQ
What new partnerships has Yerbaé announced for distribution?
Yerbaé has partnered with Carlson Distributing, Bison Beverage, George's Distributing, and Craig Stein Beverage to service Smith’s Food & Drug locations.
How many Smith's locations will Yerbaé products be available in?
Yerbaé will be available in more than 100 Smith's locations across Utah, Nevada, New Mexico, Arizona, Montana, Idaho, and Wyoming.
What types of beverages is Yerbaé offering?
Yerbaé is introducing a 12oz functional beverage line, including flavors like Mango Passionfruit, Watermelon Strawberry, and Peachy Mimosa Twist.
What is unique about Yerbaé's beverages?
All Yerbaé beverages are zero calorie, zero sugar, non-GMO, and gluten-free, using plant-based ingredients to meet wellness needs.
How does Yerbaé's expansion align with Safety Shot's goals?
The expansion creates synergies for Safety Shot by providing access to a broader distribution network and collaboration opportunities with new distributors.
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 $SHOT stock by insiders over the last 6 months:
- CHRISTOPHER MELTON sold 3,470 shares.
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$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
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- MILLENNIUM MANAGEMENT LLC removed 107,543 shares (-90.3%) from their portfolio in Q3 2024
- STEWARD PARTNERS INVESTMENT ADVISORY, LLC added 103,000 shares (+217.8%) to their portfolio in Q3 2024
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- BLACKROCK, INC. removed 47,179 shares (-7.0%) from their portfolio in Q3 2024
- STATE STREET CORP added 42,100 shares (+40.5%) to their portfolio in Q3 2024
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Full Release
SCOTTSDALE, Ariz., Jan. 10, 2025 (GLOBE NEWSWIRE) -- Yerbaé Brands Corp. (TSX-V: YERB.U; OTCQX: YERBF) (“Yerbaé” or the “Company”), a plant-based functional beverage company, announced today new partnerships with Carlson Distributing, Bison Beverage, George's Distributing, and Craig Stein Beverage to service Smith’s Food & Drug locations across the western United States. Smith’s Food & Drug, a regional grocery chain with locations in Utah, Nevada, New Mexico, Arizona, Montana, Idaho, and Wyoming, is a subsidiary of Kroger, the largest grocery chain in North America. Through these new distribution agreements, Yerbae will be available in more than 100 Smith's locations across the region. This expansion aligns with the strategic growth plans of Safety Shot, Inc. (Nasdaq: SHOT), which has agreed to acquire Yerbaé.
Carlson Distributing will cover Utah, Bison Beverage will serve Wyoming, George’s Distributing will manage Montana, and Craig Stein Beverage will handle Boise, Idaho. Together, these distributors will ensure Yerbae’s availability in more than 100 Smith's stores.
"Partnering with Carlson, Bison, George’s, and Craign Stein is an exciting step in our mission to provide more consumers with Yerbaé’s refreshing and energizing beverages," said Todd Gibson, CEO and Co-Founder of Yerbaé. "We’re thrilled to expand our footprint and make Yerbaé available to even more consumers throughout these 7 states."
The new distributors will deliver Yerbaé's latest 12oz functional beverage line, including Mango Passionfruit, Watermelon Strawberry, Black Cherry Pineapple, Raspberry Sorbet, and Peachy Mimosa Twist.
This expansion strengthens Yerbaé's position in the west coast, where demand for healthier and functional beverage options continues to grow.
Expanding Distribution Network Creates Synergies for Safety Shot
Yerbaé's retail success is supported by a growing distribution network. Over 1,000 new brands enter the market each year seeking retail distribution and distributor alignments. Yerbaé’s growth within these distributors marks significant strides in chain driven retail business like Smith’s, but also positions the company strategically across multiple new regional account locations and independent retailers. Within this segment of business, distribution is complemented with field sales and merchandising support, effectively building financial strength in incremental case deliveries, sales and management of retail stock positioning.
These new partnerships are expected to create synergies for Safety Shot by providing access to an expanded distribution network and new opportunities for collaboration. Safety Shot may explore leveraging these relationships to introduce its innovative wellness products to a wider audience and potentially collaborate with these distributors on joint marketing and sales initiatives. for both brands through streamlined logistics and distribution.
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 Safety Shot, the first patented wellness product on Earth that lowers blood alcohol content by supporting its metabolism, while boosting clarity, energy, and overall mood. Safety 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
Medon Michaelides
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’ or Yerbaé’s future results of operations and financial position, Pubco’s, SHOT’ 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’ 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’ 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.
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