Reed’s Announces New Distribution Partnership with Loblaws Supermarkets
15 March 2023 - 11:00PM
Reed’s, Inc. (OTCQX: REED) (“Reed’s” or the “Company”), owner of
the nation’s leading portfolio of handcrafted, natural ginger
beverages, today announced a new distribution partnership with
Loblaws Companies Limited (“Loblaws”), a leading Canadian retailer
operating under 22 regional and market-segment banners. This
distribution channel grants Reed’s access to 500 Loblaws’ stores
across Canada, bolstering the Company’s current Canadian footprint.
Reed’s and Virgil’s sodas are now showcased in the new craft soda
section and will provide Loblaws consumers with a “better-for-you”
option.
“We are excited to partner with Loblaws and help
launch their new craft soda section with our fan favorite Reed’s
and Virgil’s craft sodas,” said Norman E. Snyder, CEO of Reed’s.
“Loblaws not only has a leading presence in Canada, but also
mirrors our commitment to providing high quality products that
contain natural, “better-for-you” ingredients. We look forward to
mutual success in serving the natural-focused consumer across
Canada.”
New Loblaws items include Reed’s Original Ginger
Beer, Reed’s Extra Ginger Beer, Virgil’s Root Beer, Virgil’s Black
Cherry, Virgil’s Vanilla Cream Soda and Virgil’s Orange Cream Soda.
Reed’s products are distributed to Loblaws in Canada by way of
Unique Foods (Canada) Inc.
About Reed's, Inc.
Reed’s is an innovative company and category
leader that provides the world with high quality, premium and
naturally bold™ better-for-you beverages. Established in 1989,
Reed's is a leader in craft beverages under the Reed’s®, Virgil’s®
and Flying Cauldron® brand names. The Company’s beverages are now
sold in over 45,000 stores nationwide.
Reed’s is known as America's #1 name in natural,
ginger-based beverages. Crafted using real ginger and premium
ingredients, the Reed’s portfolio includes ginger beers, ginger
ales, ready-to-drink ginger mules and hard ginger ales. The brand
has recently successfully expanded into the zero-sugar segment with
its proprietary, natural sweetener system.
Virgil's® is an award-winning line of craft
sodas, made with the finest natural ingredients and without GMOs or
artificial preservatives. The brand offers an array of great
tasting, bold flavored sodas including Root Beer, Vanilla Cream,
Black Cherry, Orange Cream, and more. These flavors are also
available in nine zero sugar varieties which are naturally
sweetened and certified ketogenic.
Flying Cauldron® is a non-alcoholic butterscotch
beer prized for its creamy vanilla and butterscotch flavors. Sought
after by beverage aficionados, Flying Cauldron is made with natural
ingredients and no artificial flavors, sweeteners, preservatives,
gluten, caffeine, or GMOs.
For more information, visit drinkreeds.com,
virgils.com and flyingcauldron.com.
Investor Relations Contact
Sean Mansouri, CFAElevate IRir@reedsinc.com (720) 330-2829
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