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Posted On: 08/30/2022 8:05:07 AM
Post# of 38
U.S. Distributor Interest in 1812 Brewing Company Soars After Company Wins U.S. Gold Medal in 2022 World Beer Awards
https://www.globenewswire.com/news-release/20...wards.html
Talks Commence with Distributors Representing over 12 states and 70 million people
Watertown, NY, Aug. 30, 2022 (GLOBE NEWSWIRE) -- 1812 BREWING COMPANY, INC. (OTC: KEGS) (the "Company" or “KEGS”) is pleased to announce that it is in discussions with beer distributor networks that, when combined, span over twelve northeastern states representing aggregate population of over 70 million people. Based on data obtained by the Company, consumers of beer in these states alone drink an aggregate of approximately 1.5 billion gallons of beer annually, which is large percentage of the 2021 US beer sales of $94.1 billion.
Chairman and CEO, Tom Scozzafava, stated, “Undoubtedly the fact the Company was recently awarded the Gold Medal in the Amber Ale category for the United States in the prestigious World Beer Awards led to a more prominent profile for 1812 Brewing Company within the industry.” Mr. Scozzafava continued, “Combined with the fact that amber is one of the most consumed and easily drinkable “craft” beers, the fact that distributors are interested in getting War of 1812 Amber Ale in their respective brand portfolios makes sense. Said another way: amber beers sell well in general, and ours is one of the best in the entire country.”
The Company will continue to update shareholders on the progress of the Company.
https://www.globenewswire.com/news-release/20...wards.html
Talks Commence with Distributors Representing over 12 states and 70 million people
Watertown, NY, Aug. 30, 2022 (GLOBE NEWSWIRE) -- 1812 BREWING COMPANY, INC. (OTC: KEGS) (the "Company" or “KEGS”) is pleased to announce that it is in discussions with beer distributor networks that, when combined, span over twelve northeastern states representing aggregate population of over 70 million people. Based on data obtained by the Company, consumers of beer in these states alone drink an aggregate of approximately 1.5 billion gallons of beer annually, which is large percentage of the 2021 US beer sales of $94.1 billion.
Chairman and CEO, Tom Scozzafava, stated, “Undoubtedly the fact the Company was recently awarded the Gold Medal in the Amber Ale category for the United States in the prestigious World Beer Awards led to a more prominent profile for 1812 Brewing Company within the industry.” Mr. Scozzafava continued, “Combined with the fact that amber is one of the most consumed and easily drinkable “craft” beers, the fact that distributors are interested in getting War of 1812 Amber Ale in their respective brand portfolios makes sense. Said another way: amber beers sell well in general, and ours is one of the best in the entire country.”
The Company will continue to update shareholders on the progress of the Company.
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