Brewing Shares Up on MOU

By: Tomas Ronolski - AllPennyStocks.com News

Thursday, March 2, 2023

The health and wellness beverage industry is showing strong growth through recent investment and mergers and acquisition activity by industry giants. And this company’s shares are moving up after a recent announcement.

Craft beer industry investor and operator 1812 BREWING COMPANY, INC. (OTC PINK:KEGS) announced that it has signed a Memorandum of Understanding with ERApeutics, LLC. Per the company’s press release, the agreement will enable the company to commence production and marketing of its novel natural-source, plant-based, science-supported functional food and beverage products for cognitive health.

Under the EVERMIND brand, the company will commercialize science-supported, plant-based beverages for cognitive health that provide both short-term and long-term brain health benefits in one convenient daily ritual. The brand utilizes doctor-formulated clean, real-food ingredients, delivering on compelling benefit drivers such as clean energy, mental focus, and long-term brain health.

Shares were trading up at $0.00045 in morning trade.

Copyright © 2023 AllPennyStocks.com. All rights reserved. Republication or redistribution of AllPennyStocks.com's content is expressly prohibited without the prior written consent of AllPennyStocks.com. AllPennyStocks.com shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.