NuZee Enters Five-Year Global Licensing Agreement With Stone Brewing; Terms Not Disclosed
Portfolio Pulse from Benzinga Newsdesk
NuZee has entered into a five-year global licensing agreement with Stone Brewing. Under the agreement, NuZee will co-manufacture and distribute Stone Brewing specialty coffee products nationwide. The new product line is expected to launch in Q3 2023.
July 07, 2023 | 11:33 am
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NuZee's new partnership with Stone Brewing could potentially increase its revenue and market presence.
The partnership with Stone Brewing allows NuZee to co-manufacture and distribute a new line of specialty coffee products. This could potentially increase NuZee's revenue and expand its market presence, positively impacting its stock in the short term.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 100