From SweetWater:
[Editor’s Note]: This news was supposed to be embargoed until tomorrow morning, however since one outlet broke the embargo, you get to see it now.
SweetWater will be available in 27 states with Western Expansion
Eagle Rock Distributing Company of Colorado to Service 75% of Market with Tasty Brews
420 Extra Pale Ale, H.A.Z.Y. IPA, G13 IPA and High Light Lo-Cal Easy IPA Available Throughout the State
January 19, 2021, Atlanta, GA – SweetWater Brewing Company (“SweetWater”), based in Atlanta, GA and founded in 1997, today announced the launch of its brand in Colorado, bringing the company into its furthest western market to date. SweetWater’s tasty West Coast style brews, including flagship 420 Extra Pale Ale and a newly launched year-rounder H.A.Z.Y IPA, will flow into the state via bars, restaurants and select retail establishments starting February 1, 2021.
SweetWater’s expansion into the first U.S. state to legalize recreational marijuana comes shortly after its November 2020 acquisition by Aphria Inc. (TSX: APHA and Nasdaq: APHA), a leading global cannabis-lifestyle consumer packaged goods company inspiring and empowering the worldwide community to live their very best life.
The heady, outdoor-forward lifestyle of SweetWater has always been inspired by the state of Colorado, where founder and CEO Freddy Bensch attended college and studied environmental sciences and held his first brewery job.
SweetWater Brewing Company is one of the largest craft brewers in the United States based on volume. With the expansion into Colorado, SweetWater’s award-winning lineup of year-round, seasonal and specialty beers will be available in 27 states, plus Washington, D.C. It will build on SweetWater’s presence established in Telluride, CO over the past four years as a sponsor of the Telluride Ski Resort.
Consumers will find SweetWater’s flagship brand, 420 Extra Pale Ale, and the new H.A.Z.Y IPA that offers a heavy double-dry hop to give the IPA consumer the hoppy punch they’re looking for with an ideal amount of bitterness on the back end. SweetWater’s beverages will be accessible on draft at bars and restaurants and in package in off-premise grocery, liquor stores, and specialty bottle shops. A sampling of the lineup of styles include:
· H.A.Z.Y. IPA – A brand new year-round juice bomb with a double dry hop of Mosaic, Citra, El Dorado and Azacca for a blast of mango, stone fruit, lime, and pine. It’s not a mirage, but a tasty refreshing oasis in pursuit of haziness.
· 420 Extra Pale Ale – SweetWater 420 is a tasty West Coast-style pale ale with big hops and a crisp finish. First brewed on April 20, 1997, the flagship is still the number one style in the craft brewer’s portfolio and continues to gain popularity — 420 is the perfect introduction to the brand’s line up of lip smackin’ brews. It’s rolling out in 6-pack bottles, 12-pack cans and on draft.
· G13 IPA – This aromatic, super-hybrid, sticky IPA is first and foremost a phenomenally delicious and drinkable beer, with the added bonus of an olfactory experience that mimics that of the G13 cannabis strain. To achieve the aroma, our brewers found the perfect botanically sourced, strain-specific terpenes and married them with a propriety natural hemp flavor blend, both perfectly complementing the select hops in this heady IPA.
· High Light Lo-Cal Easy (are we saying Easy?) IPA – Never sacrificing flavor for drinkability, this session IPA is brewed with sticky Hop Hash blend to keep the beer hoppin’ and calories low for a crisp and crushable beer with notes of grapefruit, watermelon, pear and floral flavors. High Light has just five grams of carbs per can and comes in at only 100 calories, offering a light and refreshing option. Offered in 15-packs, this is the perfect all-day beer that still has the flavor of a full hopped IPA you can spend an afternoon floating down the river with. (*Do we want to borrow from High Light release for this verbiage?)
“With roots in Atlanta, we’re very familiar with SweetWater and we’re honored that they’ve chosen us to handle their distribution out in the Centennial State,” said Mike Economos, President of Eagle Rock Distributing Company of Colorado. “We’ve seen them grow from a small local brewery to a highly successful brand with a team of fun-loving people passionate about both craft beer and the environment. Colorado is sure to show them a warm welcome.”
Among the nation’s top 10 craft breweries in sales by volume according to the Brewer's Association, SweetWater is touted as one of the fastest growing craft brands in the country. Colorado locals will spot the brewery’s iconic rainbow trout tap handles and bottle/can packaging flowing throughout their respective areas starting this winter.
About SweetWater Brewing Company
SweetWater Brewing Company is an Atlanta-based craft brewery living by the motto “Don’t Float the Mainstream!” In 2020, SweetWater was acquired by Aphria Inc., (TSX: APHA and Nasdaq: APHA), a leading global cannabis company inspiring and empowering the worldwide community to live their very best life. SweetWater Brewing Co. celebrated 23 years of heady brews in 2020 and is a top 15 craft brewery in the nation, according to Brewers Association. The award-winning lineup of year-round beers includes H.A.Z.Y. IPA, SweetWater 420 Extra Pale Ale, IPA, Blue blueberry wheat ale, Goin’ Coastal IPA with pineapple, and Hop Hash Easy IPA, Guide Beer lager and Hydroponics Seltzer. Additionally, seasonal releases offer palate pleasing variety, along with an experimental, one-time-only Dank Tank series, 420 Strain Series and progressive barrel aged styles in The Woodlands Project series.
SweetWater is passionate about protecting natural resources and habitats and is recognized for its contributions to environmental initiatives throughout its distribution footprint. Supporting the conservation of some of the nation’s most threatened rivers, streams and coastlines is a cause near and dear to the brewery, as clean water is also vital to the creation of their tasty brews.
Visit SweetWater Brewery – located at 195 Ottley Drive in the heart of Atlanta – for tours of the main brewery, and pints and bites in the newly renovated taproom and restaurant. For more information about SweetWater Brewing Company and brewery hours, please visit www.sweetwaterbrew.com. Follow SweetWater Brewing Company on Twitter/Instagram @sweetwaterbrew, and become a fan at facebook.com/sweetwaterbrew.
CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS:
Certain information in this news release constitutes forward-looking information or forward-looking statements (together, “forward-looking statements”) under applicable securities laws and are expressly qualified by this cautionary statement. Any information or statements that are contained in this news release that are not statements of historical fact may be deemed to be forward-looking statements, including, but not limited to, statements in this news release with regards to expected timing of launch and availability of SweetWater’s products in Colorado. The Company uses words such as “forecast”, “future”, “should”, “could”, “enable”, “potential”, “contemplate”, “believe”, “anticipate”, “estimate”, “plan”, “expect”, “intend”, “may”, “project”, “will”, “would” and the negative of these terms or similar expressions to identify forward-looking statements, although not all forward-looking statements contain these identifying words. Various assumptions were used in drawing the conclusions contained in the forward-looking statements throughout this news release. Forward-looking statements reflect management’s current beliefs with respect to future events and are based on information currently available to management including based on reasonable assumptions, estimates, internal and external analysis and opinions of management considering its experience, perception of trends, current conditions and expected developments as well as other factors that management believes to be relevant as at the date such statements are made. Forward-looking statements involve significant known and unknown risks and uncertainties. Many factors could cause actual results, performance or achievement to be materially different from any future forward-looking statements. Factors that may cause such differences include, but are not limited to, risks related to the effects of COVID-19, including the response of governments to the COVID-19 pandemic in respect of the operation of bars and restaurants; SweetWater’s ability to implement its business strategies; reliance on third party suppliers; general economic conditions; and adverse industry events.
Readers are cautioned that the foregoing list is not exhaustive and should consider the other factors discussed under the heading “Risk Factors” in Aphria's most recent Annual Information Form and under the heading “Industry Trends and Risks” in Aphria’s Management’s Discussion and Analysis for the three months ended November 30, 2020, each available on SEDAR at www.sedar.com and on EDGAR at www.sec.gov. Readers are further cautioned not to place undue reliance on forward-looking statements as there can be no assurance that the plans, intentions or expectations upon which they are placed will occur. Such information, although considered reasonable by management at the time of preparation, may prove to be incorrect and actual results may differ materially from those anticipated. The forward-looking statements included in this news release are made as of the date of this news release and the Company does not undertake an obligation to publicly update such forward-looking statements to reflect new information, subsequent events or otherwise unless required by applicable securities laws. Neither TSX nor its Regulation Services Provider (as that term is defined in the policies of Toronto Stock Exchange) accepts responsibility for the adequacy or accuracy of this release.
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