Hemp-derived THC beverages
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Why Did RYTHM (RYM) Stock Jump Over 23% Overnight? - Rythm (NASDAQ:RYM)
Benzinga· 2025-11-12 05:15
Core Insights - RYTHM Inc. shares experienced a significant surge of 23.3% in after-hours trading, closing at $30, following a 21.52% decline during regular trading, where it closed at $24.33 [1] Financial Performance - The company reported third-quarter revenue from continuing operations of $4 million, representing a 98% increase from $2 million in the previous quarter [2] - RYTHM ended the quarter with $35.6 million in cash, despite an operating loss of $8.9 million from continuing operations [2] Retail Expansion - RYTHM's flagship product, Señorita THC Margaritas, has launched in over 1,000 Circle K convenience stores nationwide, marking the largest rollout for a hemp-derived THC beverage in U.S. convenience stores [3] - The brand also debuted in select Minnesota Target stores as part of a pilot program for THC beverages [3] Strategic Developments - On August 27, the company acquired intellectual property for notable brands including RYTHM, Dogwalkers, Beboe, and incredibles [4] - The company rebranded from Agrify Corporation to RYTHM Inc. on September 2 [4] Market Position and Outlook - The CEO noted a growing trend among adult consumers, particularly younger generations, who are increasingly opting for THC beverages as an alternative to alcohol [5] - The company is positioned to benefit from the rising mainstream acceptance of THC through both licensing and direct revenue streams [5] Stock Performance - RYTHM's stock has declined by 46.54% over the past month, with a market capitalization of $48.72 million [6] - The stock has a 52-week range of $5.02 to $84.44, indicating significant volatility [6]
Jones Soda Launches Mary Jones ZERO, "Skip the Hangover, Keep the Fun: Mary Jones ZERO Sugar Hits Shelves"
Prnewswire· 2025-11-04 11:30
Core Insights - Jones Soda Co. has launched its new line of hemp-derived THC beverages, Mary Jones ZERO Sugar, aimed at providing a guilt-free option for consumers during the holiday season [1][5][8] - The company has removed all artificial colors from its THC beverages, enhancing their appeal with a clean and clear appearance [2][4] - The global hemp beverages market is projected to grow significantly, from USD 5.7 billion in 2024 to USD 18.2 billion by 2033, positioning Mary Jones to capitalize on this trend [7] Product Details - Mary Jones ZERO offers a balanced and approachable high, designed to be enjoyable without the negative effects typically associated with alcohol [3][4] - The new product line is available in both classic and ZERO Sugar options, packaged in 12oz cans, and is crafted to maintain the brand's signature bold flavors and vibrant carbonation [4][5] - The beverages are marketed as perfect for social situations, providing a fun alternative to traditional alcoholic drinks during holiday gatherings [5][6] Marketing and Distribution - Jones Soda is rolling out 800 branded coolers nationwide, along with engaging point-of-sale materials to enhance visibility in retail locations [6] - The company plans to support the launch with in-store tastings and holiday-themed marketing campaigns, aiming to create a strong presence in liquor and grocery stores [8] - The cooler program has already shown success in pilot tests, indicating strong consumer interest and potential for increased sales [6]
Nevis Brands Inc. Announces Strategic Distribution Agreement with Z.T. Distribution Inc. for Hemp-Derived THC Beverages
Thenewswire· 2025-07-16 14:01
Core Insights - Nevis Brands Inc. has entered a pivotal distribution agreement with Z.T. Distribution Inc. to expand its market presence in the Midwest, specifically for its flagship hemp-derived THC beverage, Happy Apple™ [1][2][6] - Z.T. Distribution will serve as the exclusive distributor for Happy Apple™ in Wisconsin and select areas of Minnesota and Illinois, leveraging its extensive network of over 1,000 grocery stores and retailers [2][10] - The partnership aims to enhance Nevis Brands' ability to penetrate key markets and meet the growing demand for high-quality hemp-derived THC beverages [3][5] Company Overview - Nevis Brands Inc. specializes in the development and marketing of cannabis and hemp-derived beverage brands, focusing on quality, innovation, and consumer satisfaction [8] - The company's flagship products include Major™, a high-dose THC beverage, and Happy Apple™, which combines natural flavors with precise dosing [8] - Nevis Brands is listed on the Canadian Securities Exchange (CSE: NEVI) and the U.S. OTC market (NEVIF) [8] Product Development - Happy Apple™ is currently available in a 5mg THC version, with plans to introduce a 10mg variant to cater to a broader range of consumer preferences [4][5] - Production of the 10mg version is underway and expected to be completed by early August 2025, with products hitting store shelves by mid-August [5] Market Trends - The hemp-derived THC beverage category is one of the fastest-growing segments in the beverage industry, driven by increasing consumer interest in alternative wellness products [5] - Nevis Brands is well-positioned to capitalize on this trend through its innovative product offerings and strategic partnerships [5][6] Distribution Strategy - The collaboration with Z.T. Distribution is a key component of Nevis Brands' strategy to expand its footprint in the United States [6] - Z.T. Distribution has over a century of experience in distributing consumer goods and is known for its excellence in logistics and market development [10]