NewAge Inc (fka NBEVQ) (NBEVQ)

[StockItOut]

Articles actually confirms NewAgeBev and Docklight (backed by Privateer Holdings) agreement to produce CBD beverages under the Marley brand.

Leading Docklight’s brand stable is Marley, the line of food and beverage products named for late reggae icon Bob Marley. Although it had been announced in January that Colorado-based New Age Beverages would produce a line of CBD-infused drinks under the Marley brand, the two companies came to an agreement when Privateer Holdings revealed it owned a long-term global license from the Marley family for any cannabis-related products under the name. According to Marano, Docklight agreed to produce a line of CBD-infused Marley products including Mellow Mood teas (a NewAgeBev brand), shots, and chocolates, while New Age produces and distributes non-CBD infused tea, coffee, and yerba mate drinks.