Investors in ground-to-glass tequila company,
The 8K confirms ROAG has:
-Supply contracts with fifteen companies, ranging from 5,000 liters per month to 200,000 liters per month.
This is just for the quarter ending
ROAG is in a great position to become a major player in the tequila industry. The white-label tequila company has 400,000 agave plants. Agave prices of the key tequila ingredient have been on the rise since 2016, up 694%. This gives ROAG a leg up over competitors.
Other companies making news in the alcohol industry include:
The company announced the pricing of the cash tender offers for outstanding 3.20% Senior Notes that will be due in 2023 and for the 4.5% Senior Notes due in 2023. It should be noted that the company also announced that the offers were being made as per the terms that had been indicated in the offer of purchase that had been created back on
Revenues went up to
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