New Age Beverages (NBEV, $6.43) To Produce Bob Marley-Themed CBD-Infused Drinks, In Partnership with Docklight Brands

New Age Beverages Corp. is joining hands with Docklight Brands to launch a line of Bob Marley-themed cannabis-infused beverages.

The product line is also a collaboration with Marley – the brand formed by legendary reggae artist Bob Marley's family and  private equity firm Privateer Holdings (the latter backs cannabis-focused Docklight Brands).

Colorado, Oregon, Washington and Michigan would be the initial markets to get a taste of the Marley+CBD beverages. Over time, New Age plans to make the drinks available to more places.

Marley-branded CBD-infused drinks marks New Age’s expansion into the hemp space – an apparently much-coveted sector today. This new collaboration follows New Age’s own line of CBD-infused beverages that was launched in October 2018. Since October, the company has obtained commitments from distributors covering more than 125,000 stores in the U.S., for the sale of its CBD products.

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Sergey Savastiouk|Expert

Sergey Savastiouk, Ph.D. has a degree in Applied Mathematics from Moscow University and has extensive experience as an entrepreneur, investor, manager, and mathematician. His professional expertise is in applied mathematics, mathematical modeling, system and pattern analysis, and software and hardware system integration. He has served as the CEO of several hi-tech start-up companies and nonprofit organizations, which has given him proven capabilities in business strategy for high-tech start-up companies, market assessment, company formation, team building, product development, marketing, and sales. He has published numerous articles in journals and magazines on related fields. As a retail investor, he spent 15 years developing his proprietary trading and quantitative algorithms (now Tickeron’s A.I.), which brought him significant returns in trading the stock market. His current work and goal in founding Tickeron is to bring professional, sophisticated stock market analysis capabilities to retail investors via an easy-to-use interface.