LQR House Secures Todospray As A Marketing Client In Estimated $328.4M Botanical Infused Drinks Market
Portfolio Pulse from Benzinga Newsdesk
LQR House Inc. (NASDAQ:LQR) has partnered with Todospray, a botanical-infused cocktail spray, to market the product on its ecommerce platform. The global botanical infused drinks market is valued at $328.4M and expected to grow at a CAGR of 6.4% from 2023-2033. Todospray, which sold out after a viral TikTok, is now back in stock. LQR House aims to create viral campaigns and boost conversion rates for Todospray, which is seen as a unique product in a growing market.
December 07, 2023 | 2:33 pm
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LQR House Inc. has secured a partnership with Todospray to market its botanical-infused cocktail spray, aiming to leverage the growing $328.4M market. The collaboration is expected to create viral campaigns and increase product conversions.
The partnership with Todospray is likely to have a positive short-term impact on LQR House's stock as it taps into a growing market with a unique product. The previous viral success of Todospray and the potential for increased conversion rates on LQR House's platform could lead to increased investor optimism.
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