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Leverages New Age’s technical expertise to develop 1st ever worldwide shelf-stable probiotic water with more than 10 billion cfu’s (Probiotics)
Expanded internal production capacity to meet demand from major national pharmacy, traditional grocery and convenience customers
DENVER, CO–(Marketwired – Mar 6, 2017) – New Age Beverages Corporation (NASDAQ: NBEV) the Colorado-based Company that markets the brands XingTea®, Aspen Pure® PH and Aspen Pure® Probiotic Water, Búcha® Live Kombucha, Marley One Drop® Coffee, and Marley Mellow Mood® Relaxation Drinks, today announced the national launch of its newest product, Aspen Pure® Probiotic, the world’s first shelf-stable (non-refrigerated) probiotic water with more than 10 billion cfu’s (colony forming units/probiotics) and more than 9 months of extended shelf-life.
A little more than two weeks ago, New Age Beverages Corporation completed a successful up-listing to the NASDAQ Capital Market Exchange together with a financing led by Aegis Capital and Maxim Group that raised more than $17 million. One of the major drivers of organic growth that the company shared with investors was the launch of a disruptive portfolio of beverages that would solidify the Company’s position as a leader in healthy functional beverages. The development and national expansion of Aspen Pure® Probiotic is a reflection of that strategy taking hold, and so far the demand from the few major national pharmacy chains, big box retailers,…
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