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Thursday, September 03, 2020 3:02:22 PM
Functional beverages have only been a niche for 10 years or so. Medical functional beverages is an even smaller niche in that segment.
New Age Beverage is attempting to build a network for one of their medical products: nhanced-health. Isn't going great.
https://newage.com/en-us/nhanced-health
Just because someone launched a beverage in 7-Eleven or CVS or Ahold Supermarkets, medical beverages are a whole different network.
But like I said, $5M market cap with a clean cap structure is rare.
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