Company utilising proprietary platform combining digital marketing, branding and wholesale and retail distribution, providing competitive first-mover advantage in quickly growing brands focusing on Functional Beverage, Alcohol and Hemp Sectors, Sponsors One (OTCMKTS:SPONF) on September 27, 2021 announced that Doc Wylder’s will be distributed in Midwest by Koerner Distributor,Loius Glunz Beer and G&M Distributors located in Illinois.
Myles Bartholomew, CEO of SponsorsOne said that the company continues to make national distribution channel for the Premium Spirits and Ready to Drink products, which can service both national and local retailers across the country. The CEO added that it is witnessing demand for natural ingredients with incredible flavours in high growth RTD market.
Distributors approved include Louis Glunz Beer , Koerner Distributor as well as G&M Distributors. While Louis Glunz Beer, Inc. has adapted to changes from the Great Depression to Micro and Specialty beers today. The firm is looking at quality service as well as educating public on beer tastes. On the other hand, Koerner Distributor is family-owned since 1982 and has become the largest beverage distributors of beer, wine, liquor, and non-alcoholic beverages in Illinois. Lastly, G&M Distributors has been operational since 1946 and has become one of the largest beverage distributors in Illinoid.
Market Action:
SPONF stock closed lower by 1.75% to close at $0.0168 in Tuesday’s trading session. The stock had a total volume of 3.95 million shares, compared to its average volume of 10.97 million shares.
