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Stock impact report

LiveOne (NASDAQ: LVO) Brands Expands into California and Georgia’s $47 Billion Wine Markets

LiveOne, Inc. (LVO) 
Company Research Source: GlobeNewswire
- Expands distribution of “Birthday Sex” wine in collaboration with R&B star Jeremih - Enters into distribution partnerships with SOKO and Kelly Family Distributors LOS ANGELES, Sept. 24, 2024 (GLOBE NEWSWIRE) -- LiveOne (NASDAQ: LVO) Brands is proud to announce its Birthday Sex Wine will expand into the thriving wine markets of California and Georgia, collectively valued at $47 billion. This strategic move aligns with the company’s commitment to diversity and inclusion in the beverage industry. As part of this initiative, LiveOne has partnered with SOKO, California's first Black-owned and woman-owned distributor, to enhance its presence in California. In Georgia, the company is collaborating with Kelly Family Distributor, the premier distributor for Black-owned wine and spirits brands, ensuring a robust foothold in the local market. LiveOne CEO Robert Ellin commented, “LiveOne is excited to partner with SOKO and Kelly Family Distributors to expand the launch of “Birthda Show less Read more
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