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BBRWD (BBRWD) Stock News, May-Jul 2022

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Rhea-AI Summary

BrewBilt Manufacturing Inc. (OTCPINK: BBRW) announced plans to expand its craft brewing equipment sales to Europe, starting with a 10 BBL brewhouse and 20 BBL cellar tanks for Mad Finn Brewing Company in Finland. CEO Jef Lewis emphasized the increasing European interest in U.S. craft beer, suggesting potential revenue growth. BrewBilt aims to capture a share of a thriving market highlighted by successful American brewers like Brooklyn Brewery. The company projects significant profits from 2023 to 2028, supported by advanced brewing systems and strong branding.

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Rhea-AI Sentiment
End-of-Day
304%
Tags
partnership
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Rhea-AI Summary

BrewBilt Manufacturing (OTCPINK: BBRW) announced positive trends in the craft beer industry, highlighting anticipated revenue growth. CEO Jef Lewis cited a strong demand for their equipment, with over 40 new clients representing $11 million in sales. The craft beer market is projected to reach $87 billion in 2022 and to grow at a CAGR of 6.9% until 2032. BrewBilt's global recognition and partnerships are expected to enhance stock performance. The company emphasizes its commitment to quality manufacturing in the craft brewing sector.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
304%
Tags
none
-
Rhea-AI Summary

BrewBilt Manufacturing Inc. (OTCPINK: BBRW) reports positive trends in the craft beer industry, projecting a promising future for revenue generation. CEO Jef Lewis highlights the company’s extensive experience and a growing customer base, with over $11 million in sales expected from new brewery projects. Despite economic concerns, the craft beer market is forecasted to grow significantly, with BrewBilt recognized globally. The company is diversifying to enhance its market presence in both manufacturing and brewing.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
304%
Tags
none
Rhea-AI Summary

BrewBilt Manufacturing Inc. (OTCPINK: BBRWD) has appointed Devin Van Sant as the new Head of Sales to boost customer demand and revenue. Van Sant has two decades of B2B experience and aims to leverage his network to target $15M in customer quotes. The craft beer market continues to grow, with the number of U.S. breweries increasing from 8,905 in 2020 to 9,118 in 2021. CEO Jef Lewis highlighted that their strategic partner, BrewBilt Brewing Company (OTCPINK: BRBL), is aiding in driving new business opportunities.

Rhea-AI Impact
Rhea-AI Sentiment
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-4.55%
Tags
management

FAQ

What is the market cap of BBRWD (BBRWD)?

The market cap of BBRWD (BBRWD) is approximately $138.0K.