REED is at $0.85
Time to buy Stoney?
Adding REED to the G4G portfolio at $1.09
Granny needs a penny stock.
Its up 16% today Stoney. They closed a deal with WMT and got their Ginger-Ale in there. WMT doesn't do business with just anyone. Says a lot for Reed.
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NORWALK, Conn., May 27, 2021 (GLOBE NEWSWIRE) -- Ginger lovers, rejoice. Reed’s Inc.® (NASDAQ: REED), makers of America’s #1 Ginger Beer, today announced the launch of its flagship Extra Ginger Beer in 12 oz. cans led by the expansion into over 1,600 Walmart Mixer Sets, marking a secondary shelf placement for Reed’s®.
“We’re excited to introduce America’s #1 Ginger Beer in cans. This new format brings value and opens the door for growth opportunities with current retail customers, including Walmart. It also satisfies an increasing consumer demand for canned packaging, and provides entry to many additional retail channels,” said Norman E. Snyder, CEO of Reed’s, Inc.® “For customers, this innovation expands the Ginger Beer mixer set by now making available an all-natural, premium Ginger Beer in recyclable cans. The expansion of Reed’s® Ginger Beer into 12 oz. cans is the next step in the company’s strategy to increase retail presence in mixer sets, liquor stores and on-premise channel accounts across the country.”
As the leading ginger beverage brand in the Unites States for over 30 years, Reed’s® all-natural Ginger Beer is crafted with REAL fresh organic ginger in a Jamaican-inspired recipe. Previously only available in glass bottles, Reed’s® Extra and Zero Sugar Extra Ginger Beer are now available in 12 oz. cans. Delivering the superfood benefits of REAL ginger with a bold, crisp taste, consumers can enjoy straight from the can
or mixed for the ultimate cocktail.