Welcome to our dedicated page for Golden Grail news (Ticker: GOGY), a resource for investors and traders seeking the latest updates and insights on Golden Grail stock.
Golden Grail Tech Corp (OTC:GOGY), operating as Golden Grail Beverages, regularly issues news updates covering its beverage portfolio, capital structure, and strategic direction. Company releases describe Golden Grail Beverages as a rapidly expanding beverage business focused on acquiring, innovating, and scaling a range of drink brands with an emphasis on sustainability and consumer engagement.
News items for GOGY often address corporate actions and financing decisions. The company has reported amending its articles of incorporation to lower authorized common stock, restructuring and retiring certain debt obligations, and distributing a stock dividend that was approved and processed through FINRA. These announcements provide context on how management approaches dilution, debt reduction, and shareholder-focused initiatives.
Golden Grail Beverages’ news flow also highlights its strategic partnerships and acquisition activity. The company has announced a strategic partnership with Naffra Flavors and Concentrates LLC, under which Naffra serves as its exclusive beverage research and development partner while Golden Grail introduces new business opportunities to Naffra in exchange for a share of gross revenues. The company has also issued multiple updates regarding a proposed acquisition and later asset purchase of UPDC Beverages, followed by a notice that the transaction would not proceed.
In addition, management interviews and communications discuss Golden Grail Beverages’ focus on sustainability, including a move to recyclable cans, and its view of health and wellness trends in the beverage sector. Investors and followers of GOGY can use this news page to review these corporate developments, strategy updates, partnership announcements, and capital structure changes as disclosed by the company in its public communications.
Golden Grail Technology (OTC: GOGY) has entered the flavored water market with its product Trevi Essence Water, designed to cater to the rising consumer demand for healthier hydration options. According to a report by Grand View Research, the flavored water market was valued at USD 13.50 billion in 2020, with a projected CAGR of 10.3% from 2021 to 2028. Trevi offers four flavors made from just two ingredients: water and natural fruit flavor. The company aims to broaden accessibility to all demographics through strategic marketing and partnerships.
Golden Grail Technology (OTC: GOGY) announced its acquisition of Trevi Essence Water, a clean-label beverage brand, on December 8, 2021. The acquisition includes the brand's assets, intellectual property, and distribution channels from Barebrick Beverage Company. Trevi Essence Water is known for its natural fruit flavors and is sold in major supermarkets like Publix and Food City. Golden Grail aims to reconnect with past customers and expand the brand's distribution in 2022, leveraging its existing infrastructure and financial resources.
Golden Grail Technology (OTC: GOGY) has announced the hiring of beverage industry expert Erin Heit to advance its beverage portfolio. Heit, with over 20 years of experience, previously held key roles at Glacéau Vitaminwater, FUZE Beverage, and as VP of Marketing for Celsius (NASDAQ: CELH). She aims to contribute to the company’s strategy of identifying and acquiring brands in emerging categories, focusing on financial responsibility and effective marketing. GOGY is positioning itself uniquely by managing its beverage brands with an emphasis on economics and distribution.
Golden Grail Technology (OTC: GOGY) has launched a redesigned website to reflect its strategic mission focused on advancing its beverage portfolio of proven Ready-To-Drink brands. The company aims to cater to consumer preferences for healthier, sustainable, and premium beverages while investing in communication with shareholders and consumers. CEO Steven Hoffman expressed satisfaction with the website's presentation. GOGY is committed to acquiring brands in emerging beverage categories and utilizing technology for improved marketing and distribution.
On November 17, 2021, Golden Grail Technology (OTC: GOGY) announced it has secured exclusive rights to manufacture, market, and sell Spider Energy Products in the Caribbean and Central America. This strategic move enters a booming market, with energy drink sales exceeding $14 billion, projected to reach $20 billion by 2024, according to Euromonitor International. CEO Steven Hoffman expressed optimism about the product's reception among local consumers and tourists, emphasizing its appealing flavor and energy-boosting ingredients.
Golden Grail Technology (GOGY) has partnered with Cannergy International Inc. to produce Spider Energy Products. This partnership, formalized on September 1, 2021, will focus on the relaunch of four products: Spider Energy Mimic, Mimi Zero, Citrus Bite, and Citrus Bite Zero. Cannergy, based in Cape Town, South Africa, specializes in design and manufacturing of consumable goods, aiming to enhance the Fast-Moving Consumer Goods (FMCG) market. Golden Grail Technology is leveraging its expertise in data marketing to market health-conscious beverage brands.
Golden Grail Technology (GOGY) announced a strategic partnership with B4U Holdings effective September 1, 2021, aimed at relaunching the Spider Energy Drink product line. B4U Holdings, led by industry veteran Bernard Rubin, will oversee marketing, distribution, and commercial strategies for the energy drink brand. Spider Energy offers four varieties, including Original and Sugar Free Mimic. This partnership leverages B4U's 20 years of experience in the beverage sector to enhance product visibility and market reach, supporting Golden Grail's focus on health-conscious beverage innovation.
Golden Grail Technology (GOGY) has established a Beverage Advisory Board as of September 1, 2021, aiming to enhance its standing in the beverage market. Bernard Rubin has been appointed as Chair of the board, aimed at leveraging resources to develop and market innovative beverage brands. The company recently secured exclusive licensing rights for Spider Energy Products, positioning itself in the growing nutraceutical beverage sector, including vitamin and CBD-infused drinks. This strategic initiative underscores GOGY's commitment to health-conscious product offerings.