CBD Beverage Announcement Sends Shares Up

By: Tomas Ronolski - AllPennyStocks.com News

Thursday, May 12, 2022

The future of investments may be in cannabis infused drinks. And this company is looking to innovate and enter the CBD infused beverage market, sending shares up on a rocky day for markets.

Emerging beverage company, Golden Grail Technology (OTC: GOGY) is on a strategic mission to innovate, build and streamline the growth of its beverage portfolio. Per the company’s press release, the firm is entering the CBD-infused beverage market through a partnership with a successful and established South African manufacturer, Cannabis Sativa, who has been selling their CBD beverages for several years. The company which was established in 2014, specializes in the craft of hemp infused beverages.

Golden Grail is already a leader in the beverage industry, and this strategic partnership with an established brand will should expedite its entry into the CBD-Infused market.

Shares were up over 12 percent in late morning trade.

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