Yerbaé Announces Expanded Distribution with Compass Group North America to 10,000 Locations Across 24 States
April 18 2023 - 8:07AM
Business Wire
Yerbaé is pleased to announce the launch of its
latest innovation, Classic Lemonade, to 10,000 Compass Group North
America locations nationwide.
Yerbaé Brands Corp. (TSXV: YERB.U) (“Yerbaé” or the
“Company”), a plant-based energy beverage company, announced
the launch of its latest innovation, Classic Lemonade, to 10,000
Compass Group North America (“Compass”) locations
nationwide, the national leader in food service management and
support services.
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Yerbaé Plant-Based Energy, caffeinated by
Yerba Mate (Photo: Business Wire)
Compass compliments Yerbaé’s existing distribution network that
includes direct-to-consumer, eCommerce, Sprouts, Albertsons,
Safeway, Vons, Hy-Vee, Jewel-Osco amongst many others in grocery
and the recently announced expansion into 131 outlets of the
largest club store chain in the United States.
"With the addition of Compass Group North America, we are adding
one of the nation’s largest food service distributors to our
expanding omni-channel strategy. With distribution to 10,000
locations across 24 states, this is a significant milestone for
Yerbaé and we are excited to bring our delicious plant-based
beverages to more consumers across the country,” said Todd Gibson,
Founder and CEO of Yerbaé Plant-Based Energy. "We believe that
consumers deserve better options when it comes to energy drinks,
and that is why we are committed to constantly innovating and
bringing on-trend flavors by using only plant-based ingredients in
our products.”
Yerbaé’s Classic Lemonade flavor is made with a unique blend of
Yerba Mate and White Tea which together provide a balanced and
sustainable energy boost without the jitters or crash associated
with traditional energy drinks. Yerbaé’s energy beverages are made
with plant-based ingredients and contain zero calories, zero sugars
and zero carbohydrates.
To learn more, join Yerbaé’s mailing list for important updates
and offers: https://investors.yerbae.com
About Yerbaé Brands Corp.
Founded in 2017 by Todd Gibson and Karrie Gibson, Yerbaé Brands
Corp., (TSXV: YERB.U) is disrupting the energy beverage marketplace
with great tasting, zero sugar, zero calorie beverages, while using
plant-based ingredients that are designed to meet the needs of the
wellness forward consumer. Harnessing the power of nature, Yerbaé’s
celebrity ingredient (Yerba Mate) is known to produce 196 different
vitamins, minerals and nutrients that also produces caffeine.
By combining Yerba Mate, a South American herb with its premium
ingredients and flavors, Yerbaé provides consumers with a no
compromise energy solution. All Yerbaé energy beverages are zero
calorie, zero sugar, non-GMO, and gluten free.
Find us @DrinkYerbae on Instagram and Facebook.
About Compass Group North America
Compass Group is redefining the food and facility services
landscape with innovation and passion through the lens of what’s
next. Serving premier healthcare systems, respected educational
institutions, world-renowned cultural centers, popular sporting and
entertainment venues, and Fortune 500 organizations the world over,
Compass Group always finds a way to deliver excellence in nearly
any vertical. Ranked No. 1 by industry peers on Fortune’s 2020 list
of World’s Most Admired Companies, Compass has also earned a spot
on Forbes’ list of the Best Employers for Diversity in 2020 and is
among the Top 50 Companies Changing the World according to Fortune.
Learn more about the Compass experience at www.compass-usa.com.
Disclaimer for Forward-Looking Information
This news release contains forward-looking statements relating
to the Company. Statements in this news release that are not purely
historical are forward-looking statements and include any
statements regarding beliefs, plans, expectations or intentions
regarding the future, including: that Yerbae will deliver
consistent growth and that Yerbae is a leading player in the
plant-based functional energy beverage industry. Forward-looking
statements are based on assumptions and are subject to a number of
risks and uncertainties, many of which are beyond our control,
which could cause actual results to differ materially from those
that are disclosed in or implied by such forward-looking
statements. The material assumptions supporting these
forward-looking statements include, among others, that the demand
for the Company’s products will continue to significantly grow;
that the past production capacity of the Company’s co-packing
facilities can be maintained or increased; that there will be
increased production capacity through implementation of new
production facilities, new co-packers and new technology; that
there will be an increase in number of products available for sale
to retailers and consumers; that there will be an expansion in
geographical areas by national retailers carrying the Company’s
products; that the Company’s brokers and distributors will continue
to sell and prioritize the Company’s products; that there will not
be interruptions on production of the Company’s products; that
there will not be a recall of products due to unintended
contamination or other adverse events relating to the Company’s
products; and that the Company will be able to obtain additional
capital to meet the Company’s growing demand and satisfy the
capital expenditure requirements needed to increase production and
support sales activity. Actual results could differ from those
projected in any forward-looking statements due to numerous
factors. Such factors include, among others, governmental
regulations being implemented regarding the production and sale of
energy drinks; the fact that consumers may not embrace and purchase
any of the Company’s products; additional competitors selling
energy drinks reducing the Company’s sales; the fact that the
Company does not own or operate any of its production facilities
and that co-packers may not renew current agreements and/or not
satisfy increased production quotas; the potential for supply chain
interruption due to factors beyond the Company’s control; the fact
that there may be increases in costs and/or shortages of raw
materials and/or ingredients and/or fuel and/or costs of
co-packing; the fact that there may be a recall of products due to
unintended contamination; the inherent uncertainties associated
with operating as an early stage company; changes in customer
demand and the fact that consumers may not embrace energy drink
products as expected or at all; the extent to which the Company is
successful in gaining new long-term relationships with new
retailers and retaining existing relationships with retailers,
brokers, and distributors; the Company’s ability to raise the
additional funding that it will need to continue to pursue its
business, planned capital expansion and sales activity; and
competition in the industry in which the Company operates and
market conditions.
These forward-looking statements are made as of the date of this
news, and the Company assumes no obligation to update the
forward-looking statements, or to update the reasons why actual
results could differ from those projected in the forward-looking
statements, except as required by applicable law, including the
securities laws of the United States and Canada. Although the
Company believes that any beliefs, plans, expectations and
intentions contained in this presentation are reasonable, there can
be no assurance that any such beliefs, plans, expectations or
intentions will prove to be accurate. Readers should consult all of
the information set forth herein and should also refer to the risk
factors disclosure outlined in greater detail under “Risk Factors”
in the Company’s Information Circular dated November 15, 2022
available on SEDAR at www.sedar.com.
Neither TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in the policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or
accuracy of this release.
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Yerbaé Brands Corp. Investor Relations E: investors@Yerbaé.com
P: +1 (480) 471-8391 W: https://Yerbaé.com/
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