At the Distilled Spirits Council Annual Economic Briefing on Feb. 3, DISCUS President and CEO Chris Swonger reported that spirits gained market share of the total U.S. beverage alcohol market in 2021, with sales rising 1.7 share points to 41.3%. Spirits growth was supported by hospitality industry recovery, but more help still is needed for restaurants and bars, he noted.
“Last year, enthusiasm for spirits continued as consumers spent more to elevate their cocktail experiences with super-premium brands,” Swonger said in a statement. “Consumers savoring spirits at home and trading up to higher-end brands, combined with the gradual reopening of bars and restaurants, resulted in record sales for the spirits sector. We’re also seeing strong growth for spirits-based ready-to-drink products, and that’s adding to our sector’s gains as well.”
Rogue Baron plc (OTCMKTS: SHNJF) is a premium liquor brand developer that is angling to become the next multi-million dollar buyout success story. Its award-winning Shinju Japanese Whiskey may be the best opportunity to attract one of the majors like Diageo plc or Constellation Brands.
Whiskey investors should look into, Rogue Baron (OTCMKTS: SHNJF). The accessibly-priced stock could be poised for growth as its European distribution strategy launches this spring.
Currently $0.10 per share, SHNJF has held steady since the news of its overseas distribution. If investors like the sales they see in these European locations, it may lead to increased attention for the stock.
Planet 13 Holdings Inc (OTCMKTS:PLNHF) – The vertically integrated cannabis company Planet 13 Holdings Inc operates across multiple states and remains one of the cannabis companies that investors could look into.
Back on April 14, the company was in the news after it announced that it was going to expand its cultivation facility located in Nevada and add cultivation space to the tune of as much as 22000 square feet. The expansion has been done by the company in order to generate in-house growth of cannabis. It may be a good time to start tracking the stock at this point.
Voyager Digital Ltd (OTCMKTS:VYGVF) : Recently, the company announced preliminary revenue and user metrics for Q3. Preliminary total revenue for the fiscal 2022 third quarter ended March 31, 2022, is projected between $100 million – $105 million, compared to $164.8 million for the fiscal 2022 Q2 ended December 31, 2021, and $60.4 million for the fiscal 2021 third quarter ended March 31, 2021.
Net new deposits were around $395 million, compared to the $1.04 billion for the fiscal 2022 second quarter ended December 31, 2021.
York Harbour Metals Inc (OTCMKTS:YORKF) – The next one that investors ought to look into at this point is the York Harbour Metals Inc stock, which had been in the news earlier this week on Monday.
The company provided an update with regards to the Phase 3 drilling program that had been conducted at the York Harbour Copper-Zinc Project. The project is located around 27 kilometers from Corner Brook in Newfoundland. It was an important update and one that could bring the stock into focus this week.
Alphamin Resources Corp (OTCMKTS:AFMJF) – Alphamin Resources Corp is one of the largest tin mining companies in the world. Yesterday, it emerged that the company was looking for a sale amidst the surge in tin prices. It was reported by one of the leading financial networks who had spoken to people close to the developments.
The company has already sent out the marketing materials to anyone who might want to bid for the company. The initial offers might arrive by the end of this month. It may be a good time to keep an eye on it.Journey Energy Inc (OTCMKTS:JRNGF) – Last but not least, it is the Journey Energy Inc that investors could look into after the company announced back on April 4 that it had managed to close the acquisition of a private company. The company managed to complete the acquisition through the payment of $8 million in cash and as many as 1.75 million shares in Journey.
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