Jupiter Wellness's Safety Shot, The World's First Rapid Blood Alcohol Detox Drink, Is In Production, Launch Last Q Of 2023
Portfolio Pulse from Happy Mohamed
Jupiter Wellness, Inc. (NASDAQ:JUPW) has announced the production of Safety Shot, the world's first rapid blood alcohol detox drink, which is set to launch in Q4 2023. The product, recently acquired by Jupiter Wellness, can lower blood alcohol content by up to 50% in just 30 minutes. The hangover remedies market, in which Safety Shot will be positioned, was valued at $1.56 billion in 2020 and is projected to grow at a CAGR of 14.6% from 2021 to 2028.
August 17, 2023 | 1:18 pm
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Jupiter Wellness's announcement of the production of Safety Shot, a rapid blood alcohol detox drink, could potentially boost the company's position in the growing hangover remedies market.
The launch of a unique product like Safety Shot, which has the potential to disrupt the hangover remedies market, could lead to increased revenues for Jupiter Wellness. This could potentially have a positive impact on the company's stock price.
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