BrewBilt Manufacturing Inc (BBRW)

[zoomboom]

Strong Growth Indicators for BrewBilt With 9 New Breweries, $2.4M

Jul. 13, 2020 8:00 AM ET
Source: BrewBilt Manufacturing, Inc.
Sacramento, CA - (NewMediaWire) - July 13, 2020 - Today BrewBilt Manufacturing Inc. (the “Company”) (OTCPINK: $BBRW )announced $2.4M in 9 new breweries the beginning of this quarter in California, Vermont, Maryland, New Hampshire, Virginia, and Texas.

Chairman Jef Lewis stated, “We grew revenue and volume this quarter, driven by market share gains in a beer industry that returned to growth as well as the strong growth of our industry-leading BrewBilt brand portfolio. As government restrictions came into place in mid-March 2020, we have observed an uplift in the off-premise channel as consumers prepared to enjoy beer products at home, though it is too early to determine the sustainability of this trend.”

Jef Lewis further stated, “At this pace we anticipate meeting our $25M projection in 18 months instead of 36 months, while reaching our 60 months $200M projection much earlier. We are now having discussions with the worlds largest beer producer who has interest in our systems for their IPA Europe projections.”

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https://www.newmediawire.com/news/strong-growth-indicators-for-brewbilt-with-9-new-breweries-2-4m-5083752