- Eat & Beyond’s (EATS) portfolio company, Daydream Drinks, has signed a deal to distribute its products in 135 Walmart stores throughout Canada
- Daydream is an Ontario-based beverage company offering Canada’s first sparkling water infused with hemp extracts and adaptogens
- The beverages are currently available at over 500 retail locations across Canada, including grocery and foodservice distributors
- Eat & Beyond is an investment issuer that makes it easy to invest in the future of food
- Eat & Beyond Global Holdings Inc. (EATS) is down by 12.50 per cent trading at $0.105 per share
Eat & Beyond’s (EATS) portfolio company, Daydream Drinks, has signed a deal with Walmart Canada.
As per the agreement, the company’s products will be distributed in 135 Walmart stores across the country.
Daydream is an Ontario-based beverage company offering Canada’s first sparkling water infused with hemp extracts and adaptogens. The beverages contain no sugar or caffeine.
Alex Simonelli, CEO and Founder of Daydream, commented on the news.
“Adaptogens are natural, plant-based compounds that are known to work with the body’s endocrine system. They can help to support mental clarity, energy and focus. More consumers are taking stock of what they consume on a daily basis. We are seeing the shift away from things like coffee and energy drinks, and a move toward more plant-based, natural and holistic options.”
Some of the powerful ingredients included in Daydream are hemp oil, schisandra, ginseng and moringa. The beverages are currently available at over 500 retail locations across Canada, including grocery and foodservice distributors.
According to Verified Market Research, the adaptogens market was valued at US$9.78 billion in 2020 and is projected to reach US$16.25 billion by 2028.
Eat & Beyond is an investment issuer that makes it easy to invest in the future of food. It makes equity investments in global companies that are developing and commercializing innovative food tech, as well as plant-based and alternative food products.
Eat & Beyond Global Holdings Inc. (EATS) is down by 12.50 per cent trading at $0.105 per share as of 1:10 pm ET.
