NuZee Scores Five-Year Global Licensing Deal with Stone Brewing
(24/7 MARKET NEWS) – NuZee, Inc. (NASDAQ:NUZE) reported, this morning, that it entered into a five-year global exclusive licensing agreement with Stone Brewing, the nation’s 7th largest craft brewery, sold in all 50 states and in over 40 countries, under which NuZee intends to co-manufacture and distribute Stone Brewing specialty coffee products nationwide through a vast network of natural grocery, traditional grocery, and convenience store channels, as well as office coffee and hotel brokers and distributors.
NuZee is trading at $9.71, up $0.96 (+10.97%), on 195.9K shares traded.
Its 52-week range is $7.70 to $44.80. It’s not going to hit a new 52-week high today, but today may hit its highest trading volume day.
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