LQR House Enters into up to $6.5 Million Agreement for SWOL Tequila with Of The Earth Distribution Corp [Yahoo! Finance]
LQR House Inc. (LQR)
Company Research
Source: Yahoo! Finance
in the spirits and beverage industry, proudly announces a significant advancement for its SWOL Tequila brand with a new agreement with Of The Earth Distribution Corp. (the "Of The Earth") for a total amount of up to $6.5 million USD. Of The Earth agreed to purchase SWOL Tequila for a total amount of up to $2 million USD. LQR House will also provide marketing services to Of The Earth for the purchased SWOL Tequila for a total amount of up to $4.5 million USD, which will depend on the number of purchased bottles. Of The Earth may choose to purchase lesser quantity of bottles and terminate the agreement if sales targets are not met. Of The Earth is given an exclusive right to distribute and sell SWOL Tequila in several provinces of Canada. This strategic partnership with Of The Earth Distribution Corp., a rapidly growing Toronto-based alcohol distributor, aims to expand SWOL Tequila's presence across Ontario, Quebec, Nova Scotia, Prince Edward Island, New Brunswick, and Newfoundland. T
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LQR
News
- LQR House Inc. Announces 260% Year-Over-Year Revenue Growth in June 2024 [Yahoo! Finance]Yahoo! Finance
- LQR House Inc. Announces 260% Year-Over-Year Revenue Growth in June 2024Accesswire
- LQR House Enters into up to $6.5 Million Agreement for SWOL Tequila with Of The Earth Distribution CorpAccesswire
- LQR House Announces Acquisition of 8.58% Stake in DRNK Beverage Corporation, Entering the $902.14 Billion Non-Alcoholic and $2.2 Trillion Ready-to-Drink Beverage Markets [Yahoo! Finance]Yahoo! Finance
- LQR House Announces Acquisition of 8.58% Stake in DRNK Beverage Corporation, Entering the $902.14 Billion Non-Alcoholic and $2.2 Trillion Ready-to-Drink Beverage MarketsAccesswire
LQR
Sec Filings
- 6/13/24 - Form 8-K
- 5/23/24 - Form 8-K
- 5/15/24 - Form 10-Q
- LQR's page on the SEC website