$ROX may have even more good news up their sleeves
Post# of 215
This first surprise on 7 Feb, didn't garner much attention but add it to the Walmart news.
Castle Brands, Isle of Arran Distillers Limited Announce Exclusive Distribution Agreement
8:30 am ET February 7, 2017 (Benzinga) Print
Castle Brands Inc. (NYSE MKT: ROX), a developer and international marketer of premium and super-premium branded spirits, and Isle of Arran Distillers Limited, a producer of premium quality Single Malt Scotch Whisky, today announced a five-year exclusive distribution agreement for The Arran Malt Single Malt Scotch Whisky and Robert Burns Single Malt Whisky and Blended Scotch Whisky in the US market.
Richard J. Lampen, President and Chief Executive Officer of Castle Brands said, "The agreement with Isle of Arran Distillers allows us to leverage our distribution platform and our successes with our Jefferson's bourbon portfolio and our expanding Irish whiskey offerings. Adding the Isle of Arran Scotch whiskies sets us apart as a leader in the premium whiskey category."
John Glover, Chief Operating Officer of Castle Brands said, "Isle of Arran Distillers' award-winning, premium brands perfectly complement our whiskies portfolio. Their exciting range of aged whiskies and finishes will add to the impressive growth of our whiskey brands and strengthen our position in the US market. Our expertise in marketing special finishes of our bourbons and Irish whiskies position us well to distribute Isle of Arran's unique Scotch whisky finishes and special offerings. We look forward to working with them to market these premium Scotch whiskies."
Euan Mitchell, Managing Director of Isle of Arran Distillers Limited said, "We are delighted to be working with Castle Brands to build our profile in the US market and introduce our award-winning brands to even more whisky aficionados. The Single Malt category continues to develop in the US and Castle Brands are perfectly poised to leverage further growth for the Arran portfolio using their extensive knowledge and experience. We have many exciting releases planned for the years ahead."
Then the big Walmart surprise on 28 Feb. Now it wouldn't surprise me to see Goslings Black Seal rum to hit there to compliment the ginger beer for the signature Dark and Stormy drink.
Volume has continued to be good and a report out yesterday says 7 new hedge funds have bought into Castle Brands Inc (ROX) for the first time.
7 hedge funds buy Castle Brands Inc. (ROX) for the first time
http://www.postanalyst.com/7-hedge-funds-buy-...irst-time/
Accumulation for the past few days has been in a tight range and coupled with the volume a decent move could be in the works.
I agree, accumulate and hold through 2017. It should be the best year Castle Brands Inc (ROX) has ever experienced.
Best to you and all and welcome.