New Age Beverages Corp (NASDAQ:NBEV) is targeting consumers looking for healthy beverage options, CEO Brent Willis tells Proactive Investors. The Colorado-based healthy functional beverage company was created in 2016 and is engaged in the development, marketing, sales, and distribution of beverages.
Willis says the company owns patents on many of the beverages that it produces. Additionally, the company owns a significant intellectual property portfolio about the future state of the beverage industry.
The company offers its products directly, as well as through store delivery distribution systems in the United States and internationally. One product is the Marley line of beverages, created in partnership with Bob Marley’s family. Within the Marley line, there are a range of products including Marley Mate and Mellow Mood.
Willis says the company may consider acquisitions going forward and is looking to continue to expand its channels, including e-commerce, military, medical and food service channels.