cbdMD's Oasis beverages enter South Carolina via Mexcor deal
cbdMD, Inc. (NYSE American: YCBD) announced that its Oasis line of hemp-derived beverages is now available in South Carolina through a distribution agreement with Morales Beverage Group, a statewide alcohol distributor.
The rollout includes the full Oasis portfolio, including the brand's newest product, the Mixer, a zero-proof, spirit-style hemp-derived beverage intended for use in cocktails and mixed drinks. Products are now stocked at liquor retailers across the state, including Frugal MacDoogal.
"South Carolina is an important market for Oasis, and Mexcor is the right partner to help us reach consumers where they already shop for spirits, wine, and beer," said Ronan Kennedy, CEO of cbdMD. "Getting Oasis, and especially Mixer, onto liquor store shelves alongside traditional beverage alcohol is exactly the kind of placement that introduces the brand to a broader audience."
Adam Howard, General Manager of MGB South Carolina, cited the company's established presence in the Carolinas and sales performance in other markets as factors in the distribution decision.
cbdMD's portfolio also includes the cbdMD, Paw CBD, and Bluebird Botanicals brands. The information is based on a company press release.
