Reed’s, Inc. (REED.OB) Expands Product Line to Increase Sales
Reed’s announced after the bell last night that the initial production of its new 7 oz Extra Ginger Brew began Saturday, Dec. 15. The bottles will be selling in an 8-pack configuration and will be delivered nationwide in retail stores, bars, and restaurants in major metropolitan areas. The packaging previously offered consisted of 12 oz. longneck beer bottles (although all the company’s products are non-alcoholic). With less than 100 calories a bottle, the new 7 oz packaging better targets another group of people and is more conveniently used as an all-natural, premium and healthy mixer in many restaurants and bars.…