Anheuser-Busch Cacti hard seltzer sold out within days
Mar. 18, 2021 6:57 AM ETAnheuser-Busch InBev SA/NV (BUD)
By: Yoel Minkoff, SA News Editor
Anheuser-Busch (NYSE:BUD) is opening the production spigots of its latest hard seltzer offering that was developed alongside rapper Travis Scott.
The drink, called Cacti Agave Spiked Seltzer, launched earlier this week, but was sold out online as of Wednesday evening.
"Physical retailers are reporting strong sales, too. Several of them are saying that they have never seen anything like this before: sold out within one day," Anheuser-Busch CEO Michel Doukeris told CNBC. "We are ramping up now production and delivery because we sold out completely yesterday."
Cacti Agave Spiked Seltzer comes in three flavors - pineapple, lime and strawberry - has 7% alcohol by volume and is made with "100% premium blue agave from Mexico."