Key GBB Drink Lab Executives to Join Jupiter Wellness' C-Suite. Josh Wagner and David Sandler Will Bring Their Experience and Knowledge to Jupiter Wellness as it Deploys a Multi-Channel Strategy to Bring Safety Shot to Market
11 July 2023 - 10:55PM
Jupiter Wellness, Inc. (Nasdaq: JUPW), a diversified company that
supports health and wellness, today announced that along with the
Asset Purchase Agreement for the Company's purchased patents and
provisional patents, two GBB Drink Lab executives will join Jupiter
Wellness’ C-suite: Josh Wagner and David Sandler.
Josh Wagner, will serve as Jupiter Wellness’
Chief Revenue Officer. Josh is the former U.S. Director of Sales
for Anheuser Busch, leading a $12 billion business with a 72 person
sales team to their best performance since 2009. Josh created and
launched multiple innovative brands from scratch to shelf.
David Sandler, will serve as the Company’s Chief
Operating Officer. With more than 30 years experience in the
nutrition and health industry, David is the former COO and CSO of
several supplement brands that exceeded $75 million in revenue.
With a focus on EBIDTA and bottom-line profits, David is one of the
industry's top R&D experts and a leader in creating best in
class products from ideation and concept to full
commercialization.
“We welcome Josh and David on board as we
prepare to aggressively launch a product that has shown great early
results. We have also had a few people that reported feeling more
clear-minded and focused after consuming 4oz of the drink without
the presence of alcohol. I look forward to performing more trials
on the drink to show its true potential Jupiter Wellness CEO Brian
John stated.
"In my 30 years in the industry, this is the
biggest disruption to hit the drink market. Once in a while a true
unicorn comes along that not only defines but recreates a new
standard for a category, and this is it. Until now, nobody has been
able to improve function, improve sobriety, improve BAC, reduce
hangovers and help people feel better faster from the effects of
alcohol. Safety Shot simply changes the game completely." COO David
Sadler Stated.
The global hangover cure products market size is
expected to reach USD 4.67 billion by 2028, according to a new
report by Grand View Research, Inc. It is expected to expand at a
CAGR of 14.6% from 2021 to 2028.
GBB Drink Lab started with a vision of making a
positive impact by offering practical, evidence-based solutions to
reducing Blood Alcohol Content. The company’s product has been
meticulously crafted to optimize your ability to sober up enabling
you to escape an inebriated state. GBB Drink Lab's leadership team
includes accomplished serial entrepreneurs, a former senior
executive from one of the world’s largest beverage companies, and
an industry-leading expert in flavoring science and product
formulation.
Jupiter Wellness, Inc., a wellness company,
engages in the research and development of over-the-counter
products and intellectual property. Its products pipeline includes
Photocil to address psoriasis and vitiligo; JW-700 to treat hair
loss; JW-500 for women's sexual wellness; NoStingz, a jellyfish
sting prevention sunscreen; and JW-110 for the treatment of atopic
dermatitis/eczema. The company primarily sells its products through
third-party physical retail stores and partners. The company was
formerly known as CBD Brands, Inc. Jupiter Wellness, Inc. was
incorporated in 2018 and is headquartered in Jupiter, Florida.
Forward Looking Statements
This communication contains forward-looking
statements regarding Jupiter Wellness, including, the anticipated
timing of studies and the results and benefits thereof. You can
generally identify forward-looking statements by the use of
forward-looking terminology such as “anticipate,” “believe,”
“continue,” “could,” “estimate,” “expect,” “explore,” “evaluate,”
“intend,” “may,” “might,” “plan,” “potential,” “predict,”
“project,” “seek,” “should,” or “will,” or the negative thereof or
other variations thereon or comparable terminology. These
forward-looking statements are based on each of the Company’s
current plans, objectives, estimates, expectations, and intentions
and inherently involve significant risks and uncertainties, many of
which are beyond Jupiter Wellness’ control. Actual results and the
timing of events could differ materially from those anticipated in
such forward-looking statements as a result of these risks and
uncertainties and other risks and uncertainties affecting Jupiter
Wellness and, including those described from time to time under the
caption “Risk Factors” and elsewhere in Jupiter Wellness’
Securities and Exchange Commission (SEC) filings and reports,
including Jupiter Wellness’ Annual Report on Form 10-K for the year
ended December 31, 2023 and future filings and reports by Jupiter
Wellness. Moreover, other risks and uncertainties of which the
combined company is not currently aware may also affect each of the
companies’ forward-looking statements and may cause actual results
and the timing of events to differ materially from those
anticipated. Investors are cautioned that forward-looking
statements are not guarantees of future performance. The
forward-looking statements made in this communication are made only
as of the date hereof or as of the dates indicated in the
forward-looking statements and reflect the views stated therein
with respect to future events at such dates, even if they are
subsequently made available by Jupiter Wellness on its website or
otherwise. Jupiter Wellness undertakes no obligation to update or
supplement any forward-looking statements to reflect actual
results, new information, future events, changes in its
expectations or other circumstances that exist after the date as of
which the forward-looking statements were made.
Jupiter Wellness Media Contact:
Phone: 561-244-7100
Email: info@JupiterWellness.com
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