Reed's, Inc. Resignation of Scott R. Grossman from the Board of Directors
November 03, 2021 at 05:15 pm EDT
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On October 28, 2021, Scott R. Grossman submitted notice of his intention to resign from the board of directors of Reed?s Inc. and all committees of the Board on which he serves and to not stand for reelection at the Reed?s 2021 annual meeting of stockholders. His resignation will be effective on the date of the annual meeting, which is expected to be held in late December, 2021.
Reedâs, Inc. owns a portfolio of handcrafted, natural beverages, which sells in over 45,000 outlets nationwide. These outlets include the natural and specialty food channel, grocery stores, mass merchants, drug stores, convenience stores, club stores, liquor stores, and on-premises locations including bars and restaurants. The Company provides craft beverages under the Reedâs, Virgilâs, and Flying Cauldron brand names. Reedâs portfolio includes ginger beers, ginger ales, ready-to-drink ginger mules and hard ginger ales. The Virgil's brand offers an array of flavored sodas, including Root Beer, Vanilla Cream, Black Cherry, Orange Cream, and more. These flavors are also available in six zero-sugar varieties. Flying Cauldron is a non-alcoholic butterscotch beer. Reedâs Craft Ginger Beer line includes varieties with a mix of bottles and cans, including Reedâs Original Ginger Beer, Reedâs Premium Ginger Beer, Reedâs Extra Ginger Beer, Reedâs Strongest Ginger Beer, and others.