Molson Coors Beverage Company

HEXO Reports Third Quarter 2022 Results

Retrieved on: 
Wednesday, June 15, 2022

GATINEAU, Quebec, June 14, 2022 (GLOBE NEWSWIRE) -- HEXO Corp (TSX: HEXO; NASDAQ: HEXO) ("HEXO" or the “Company"), a leading producer of high-quality cannabis products, today reported its financial results for the fiscal quarter ended April 30, 2022 (Q3’22). All amounts are expressed in Canadian dollars unless otherwise noted.

Key Points: 
  • The quarter over quarter Adjusted EBITDA was also impacted by the impact of the $3,673 Health Canada cannabis fee which is recognized in the third quarter each fiscal year.
  • HEXO serves the Canadian recreational market with a brand portfolio including HEXO, Redecan, UP Cannabis, Namaste Original Stash, 48North, Trail Mix, Bake Sale, REUP and Latitude brands, and the medical market in Canada, Israel and Malta.
  • The Company also serves the Colorado market through its Powered by HEXO strategy and Truss CBD USA, a joint venture with Molson-Coors.
  • With the completion of HEXO's recent acquisitions of Redecan and 48North, HEXO is a leading cannabis products company in Canada by recreational market share.

HEXO Enters Into Amending Agreements to the Transaction Agreement With Tilray Brands and the Standby Agreement With KAOS

Retrieved on: 
Tuesday, June 14, 2022

GATINEAU, Quebec, June 14, 2022 (GLOBE NEWSWIRE) -- HEXO Corp. (TSX: HEXO; NASDAQ: HEXO) (HEXO or the Company), a leading producer of high-quality cannabis products, today announcedthat the Company has entered into an amending agreement (the Amending Agreement) to the previously announced transaction agreement (the Transaction Agreement) with Tilray Brands, Inc. (Tilray Brands) (Nasdaq | TSX: TLRY) and HT Investments MA LLC (HTI).

Key Points: 
  • GATINEAU, Quebec, June 14, 2022 (GLOBE NEWSWIRE) -- HEXO Corp. (TSX: HEXO; NASDAQ: HEXO) (HEXO or the Company), a leading producer of high-quality cannabis products, today announcedthat the Company has entered into an amending agreement (the Amending Agreement) to the previously announced transaction agreement (the Transaction Agreement) with Tilray Brands, Inc. (Tilray Brands) (Nasdaq | TSX: TLRY) and HT Investments MA LLC (HTI).
  • Separately, the Company announced that it has also entered into an amending agreement to the previously announced equity purchase agreement (the Standby Agreement) with 2692106 Ontario Inc. (the Investor) and KAOS Capital Ltd. (KAOS).
  • The Circular Supplement will include further information regarding the Amending Agreement in order to permit shareholders to make a fully informed decision when considering the Transaction.
  • The Company is not required to pay the Investor any additional consideration in connection with these amendments to the Standby Agreement.

Cheers to New Dads: Miller Lite Announces 'Beer Registry' to Fuel Dadhood Celebrations This Father's Day

Retrieved on: 
Monday, June 13, 2022

CHICAGO, June 13, 2022 /PRNewswire/ -- Parenthood has always been something to celebrate and while there's plenty of showers and festivities, we all know new dads are secretly dreaming of what they really want to celebrate with – beer. That's why this Father's Day, Miller Lite is delivering its own beautiful, bundle of joy to fuel fatherhood initiations across the country: the Miller Lite Beer Registry — the first-ever beer registry made just for soon-to-be dads!

Key Points: 
  • That's why this Father's Day, Miller Lite is delivering its own beautiful, bundle of joy to fuel fatherhood initiations across the country: the Miller Lite Beer Registry the first-ever beer registry made just for soon-to-be dads!
  • Filled with endless Miller Lite possibilities like six packs and tall boys, the Beer Registry is every beer-loving, new dad's dream (and it's ridiculously simple).
  • The Miller Lite Beer Registry will also be the exclusive spot to purchase the first-ever Miller Lite drinking experience in the future with the Miller Lite Beer Bond!
  • To launch the Miller Lite Beer Registry, the brand partnered with country music star, Miller Lite superfan and new dad-to-be, Luke Combs , to show his enthusiasm for his first Father's Day and the Miller Lite Beer Registry on social media.

Verkada’s Filip Kaliszan Featured on Impact Podcast with John Shegerian

Retrieved on: 
Wednesday, June 1, 2022

Filip Kaliszan, Founder & CEO of leading physical security technology company Verkada , is a featured guest this week on the Impact Podcast with John Shegerian .

Key Points: 
  • Filip Kaliszan, Founder & CEO of leading physical security technology company Verkada , is a featured guest this week on the Impact Podcast with John Shegerian .
  • It was an honor to have Filip, a true physical security tech visionary, on our show, said Shegerian.
  • "Thanks so much to John Shegerian and the Impact Podcast for having me on the show, said Kaliszan.
  • The Impact Podcast with John Shegerian is available for listening on ImpactPodcast.com , Apples iTunes , Amazon Music, Google Podcasts , Spotify , libsyn , and as part of iHeartRadios digital broadcast, reaching over 120 million users.

MINDSHARE APPOINTS INDUSTRY LEADER KATHY KLINE AS CHIEF STRATEGY & INNOVATION OFFICER IN NORTH AMERICA

Retrieved on: 
Thursday, June 2, 2022

CHICAGO, June 2, 2022 /PRNewswire/ -- Mindshare, the media services company that is part of WPP, announced today the appointment of Kathy Kline as Chief Strategy & Innovation Officer in North America. In this role, Kline will lead and grow the agency's strategy and innovation practice. She will partner closely with Mindshare's North American and global leadership across data strategy, media planning, and investment, elevating the strategic solutions that Mindshare delivers to clients, and leading a strong push for innovation and ground-breaking ideas that drive forward the agency's vision of Good Growth. 

Key Points: 
  • CHICAGO, June 2, 2022 /PRNewswire/ -- Mindshare , the media services company that is part of WPP, announced today the appointment of Kathy Kline as Chief Strategy & Innovation Officer in North America.
  • "I've had the privilege of working with Kathy before, and as a strategic leader, she is a force to be reckoned with," says Amanda Richman, North America CEO, Mindshare.
  • "Mindshare is committed to driving enduring, sustainable growth for brands," says Kathy Kline, Chief Strategy & Innovation Officer, North America, Mindshare.
  • Brian DeCicco as Chief Data Strategy & Analytics Officer for North America.

Introducing the PGA Jr. League Safari Par-Tee App: An Interactive Golf Game for Kids Featuring Collaborative Play Through Augmented Reality

Retrieved on: 
Friday, May 27, 2022

The PGA is today launching the PGA Jr. League Safari Par-Tee mobile app, available for free download.

Key Points: 
  • The PGA is today launching the PGA Jr. League Safari Par-Tee mobile app, available for free download.
  • Designed as an interactive mobile game, the PGA Jr. League app allows kids and families to collaboratively play golf as adorable animal avatars while transforming their own setting into the imaginative Adventure Park Golf Course.
  • And with the apps multiplayer capabilities, local friends and family members can join into sessions for shared play to compete individually or as teams.
  • For more information, or to download the PGA Jr. League Safari Par-Tee app, visit the Apple App Store or the Google Play Store .

Splash Beverage Group Broadens Reach through Agreement with Maryland’s Buck Distributing

Retrieved on: 
Tuesday, May 24, 2022

Fort Lauderdale, Florida, May 24, 2022 (GLOBE NEWSWIRE) -- Splash Beverage Group, Inc. (NYSE American: SBEV) ("Splash" or the "Company"), a portfolio company of leading beverage brands, today announced that it has signed a distribution agreement with Buck Distributing in Maryland to distribute all Splash Beverage Group products through 5 Central Maryland Counties.

Key Points: 
  • Fort Lauderdale, Florida, May 24, 2022 (GLOBE NEWSWIRE) -- Splash Beverage Group, Inc. (NYSE American: SBEV) ("Splash" or the "Company"), a portfolio company of leading beverage brands, today announced that it has signed a distribution agreement with Buck Distributing in Maryland to distribute all Splash Beverage Group products through 5 Central Maryland Counties.
  • Buck Distribution is a malt beverage and related products distributor headquartered in Upper Marlboro, Maryland.
  • This agreement continues our streak of landing significant distribution agreements with major regional players, said Robert Nistico, Splash Beverage Groups Chairman and CEO.
  • Follow Splash Beverage Group on Twitter: www.twitter.com/SplashBev
    Splash Beverage Group, an innovator in the beverage industry, owns a growing portfolio of alcoholic and non-alcoholic beverage brands including Copa di Vino wine by the glass, SALT flavored tequilas, Pulpoloco sangria, and TapouT performance hydration and recovery drink.

Samsung’s Mark Newton Featured on Impact Podcast with John Shegerian

Retrieved on: 
Tuesday, May 24, 2022

Mark Newton, Head of Corporate Sustainability for Samsung Electronics America , is a featured guest this week on the Impact Podcast with John Shegerian .

Key Points: 
  • Mark Newton, Head of Corporate Sustainability for Samsung Electronics America , is a featured guest this week on the Impact Podcast with John Shegerian .
  • It was an honor to have long-time friend and visionary sustainability superstar Mark Newton of the iconic and forward-thinking electronics leader, Samsung, on our show, said Shegerian.
  • "It was a pleasure speaking with John on the Impact Podcast, said Newton.
  • The Impact Podcast with John Shegerian is available for listening on ImpactPodcast.com , Apples iTunes , Amazon Music, Google Podcasts , Spotify , libsyn , and as part of iHeartRadios digital broadcast, reaching over 120 million users.

Molson Coors Beverage Company Announces Regular Quarterly Dividend

Retrieved on: 
Thursday, May 19, 2022

The quarterly dividend is payable to holders of Class A and Class B common stock of Molson Coors Beverage Company.

Key Points: 
  • The quarterly dividend is payable to holders of Class A and Class B common stock of Molson Coors Beverage Company.
  • In addition, the Board of Directors of Molson Coors Canada Inc. (TSX: TPX.B, TPX.A) today declared a quarterly dividend of approximately CDN$0.48 (the Canadian dollar equivalent of the dividend declared on Molson Coors Beverage Company stock), payable June 15, 2022, to its Class A and Class B exchangeable shareholders of record on June 3, 2022.
  • About Molson Coors Canada Inc.
    Molson Coors Canada Inc. (MCCI) is a subsidiary of Molson Coors Beverage Company.
  • MCCI Class A and Class B exchangeable shares offer substantially the same economic and voting rights as the respective classes of common shares of Molson Coors Beverage Company, as described in Molson Coors Beverage Companys annual proxy statement and Form 10-K filings with the U.S. Securities and Exchange Commission.

Bishop Cider has acquired two DFW breweries and is opening four new locations.

Retrieved on: 
Monday, May 23, 2022

DALLAS, May 23, 2022 /PRNewswire/ -- TexBev, a beverage co-packing company owned by Bishop Cider, will relocate operations from Dallas to Wild Acre's Fort Worth facility and expand its capacity and capabilities with the addition of the equipment from Bishop's Dallas cidery and Legal Draft's Arlington brewery. At the Fort Worth site, there is ample room for continued expansion, as the property comprises nearly 200,000 square feet of warehouse space and sits on 21 acres. The acquisition is expected to close by the end of May. Bishop will also be opening a one-of-a-kind entertainment concept at the site and details will be revealed in the fall.

Key Points: 
  • "Rightfullyso,WildAcrehasgainedalotofrespect inFortWorth.Theyhavebuiltaveryimpressivefacilityandthebeercan hold its own against other local breweries, but I believe there is potential to compete on a larger stage," says Joel Malone, CEO of Bishop Cider.
  • Bishop acquired Legal Draft's assets for the equipment, as new equipment lead-times have grown exponentially in recent years.
  • Bishop has also decided to relocate and drastically expand Cidercade Dallas, but it will remain open at its currentlocationuntil constructionhasbeencompletedatthenewsite.At79,000square feet,thenewlocationisnearly10timeslarger.
  • WhenBishopCiderstarted inDallas'BishopArtsDistrict adecadeago,JoelMaloneandLauraMalone(husband andwife Co-Founders) owned a quaint 700 square foot cider bar, but Bishop has now grown into a leader in beveragemanufacturing and beverage experiences.