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DIXIE BRANDS INC. Forum: Community User: four_twenty
Kommentare 1.213
L
Löwe86,
07.08.2019 13:48 Uhr
0
Dixi agreement with Arizona Ice Tea
Arizona Iced Tea Maker Turns to Weed Beverage maker reaches licensing deal with U.S. cannabis company for new *** of gummies, vape pens and drinks While Arizona remains the leading U.S. ice-tea brand by sales volume, its market share has fallen steadily in recent years. PHOTO: BRYAN ANSELM FOR THE WALL STREET JOURNAL By Jennifer Maloney Aug. 7, 2019 6:02 am ET SHARE TEXT The company behind Arizona Iced Tea is getting into the market for marijuana-laced gummies and drinks in the U.S. and Canada, seeking new avenues for growth after losing ground in its core tea business. Arizona Beverage Co. has reached a licensing deal with Dixie Brands Inc., a Denver-based cannabis company that makes and sells weed vaporizers, candies, drinks, tinctures and topical creams in five U.S. states. Under the agreement, Dixie will manufacture the products and sell them through licensed dispensaries. The deal, which is subject to approval by Dixies board, also gives Arizona the right to buy a stake of up to $10 million in the cannabis company. Plans for the Arizona *** are in the early stages. It is likely to start with vape pens and gummies, followed by a variety of beverages that could include tea, lemonade, soda, coffee or seltzer, officials said. Dixie intends to launch the *** in the U.S., then expand it to Canada and Latin America. Arizona, a privately held company, is hoping to get a head start in the U.S. cannabis market over big, publicly traded beverage makers that are taking a more cautious approach. Companies including Corona brewer Constellation Brands Inc. and Coors Light brewer Molson Coors Brewing Co. are developing marijuana-laced drinks in Canada but waiting for cannabis to be federally legal before bringing them to the U.S. Tea Tussle Arizona's share of U.S. ice tea sales is down. Source: Euromonitor Note: Market share by dollar volume % Pure Leaf Arizona Gold Peak Lipton Snapple 2013 14 15 16 17 18 5 10 15 20 25 30 Snapplex2013x10.2% Youve got to be willing to try things, said Don Vultaggio, Arizonas chairman and CEO, who runs the company with his two sons. The upside is were one of the first ones in an emerging space. Arizona is one of the first big American brands to plunge into the U.S. marijuana market. Heineken NVs Lagunitas brewery worked with a California cannabis company to launch a weed-infused sparkling water last year. The drink, called Hi-Fi Hops, is available only in California. But it is still a risky moveone that a publicly traded company couldnt make, Mr. Vultaggio said. In the U.S., 11 states have legalized recreational marijuana and medical marijuana is legal in more than 30. But cannabis is still prohibited by federal law. That means it cant be transported across state lines, many banks wont take money derived from cannabis sales and companies that sell marijuana in the U.S. cant list on major U.S. stock exchanges. Under the deal, Dixie will manufacture the goods in each state they are sold in and Arizona wont be involved in production. Mr. Vultaggio in 2015 settled a yearslong legal battle with his former business partner over control of the company they co-founded. Since then, he has tried to kick-start its ready-to-drink tea business and expand into other categories. While Arizona remains the leading U.S. ice-tea brand by sales volume, its market share has fallen steadily, from 23.4% in 2013 to 16.2% last year, according to Euromonitor International. It also lost its top spot in retail sales dollars of ready-to-drink tea, unseated last year by Pure Leaf, a joint venture by Unilever PLC and PepsiCo Inc. Arizonas tea sales are growing this year, as is overall revenue, Mr. Vultaggio said, adding that the company will complete construction next year on a new manufacturing plant. Right now, were not producing enough to meet demand, he said. The Woodbury, N.Y., company over the past two years has introduced beef jerky and fruit snacks, and this month plans to launch a *** of seltzers flavored with a splash of fruit juice
Read more at https://stockhouse.com/companies/bullboard/c.dixi.u/dixie-brands-inc#vGYGWOkwLQwPb8mC.99
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Löwe86,
07.08.2019 13:47 Uhr
0
Hier nun doch der volle Artikel aus dem stockkouse forum
L
Löwe86,
07.08.2019 13:39 Uhr
0
Kurz aus dem Gedächtnis heraus: Es stand drin, dsas eine neue Produktlinie von Arizona über Lizenzierung in den 5 von Dixie erschlossenen US Bundesstaaten sowie später auch in Canada und in Lateinamerika vertrieben werden soll, wobei Dixie auch die Produktion übernimmt.
cavalier_23,
07.08.2019 13:12 Uhr
0
Ah krass und was standen da so für Einzelheiten sollte uns doch hier auf jeden fall beflügeln Arizona ice tea ist ja schon ein big player
L
Löwe86,
07.08.2019 13:08 Uhr
0
Ursprünglich konnte ich den gesamten Artikel lesen. Nun ist aber nur noch ein Teil frei verfügbar.
cavalier_23,
07.08.2019 12:36 Uhr
0
Kann hier jemand den gesamten Artikel zur Verfügung stellen ?
L
Löwe86,
07.08.2019 12:19 Uhr
0
https://www.wsj.com/articles/arizona-iced-tea-maker-turns-to-weed-11565172124
s
stockofficer,
06.08.2019 21:36 Uhr
0
Netter boost 👌🏼
cavalier_23,
06.08.2019 13:02 Uhr
0
Irgendwie habe ich im Gefühl Dixie wird ordentlich Kohle machen
Und unser Partner Auxly in Kanada für den sieht es dank der Finanzspritze von imperial auch gut aus hoffentlich machen die damit einen guten edible roll out 👍
L
Löwe86,
06.08.2019 8:03 Uhr
0
Das sollte doch weiter Auftrieb geben!!
L
Löwe86,
06.08.2019 8:02 Uhr
0
https://www.prnewswire.com/news-releases/khiron-and-dixie-receive-conditional-tsxv-approval-for-roll-out-of-kuida-cosmeceutical-***-in-us-market-and-cannabis-infused-products-in-latin-america-300896778.html
H
Handpresse_,
02.08.2019 6:30 Uhr
0
Schöner Kurs um zu kaufen 😀
Nirwi,
01.08.2019 22:27 Uhr
0
Oha Absturz
Nirwi,
29.07.2019 15:50 Uhr
0
Die Fahrt geht weiter
Nirwi,
27.07.2019 21:53 Uhr
0
5 16 17 21 23 35 SZ 6
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Niko01,
27.07.2019 10:55 Uhr
0
Und die Lottozahlen für heute?!
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