Bang To PepsiCo: “You’re Fired” (Or Are They?)

Dear Client:  Well, that was quick. Yesterday, Bang released a terse statement: they are terminating their "exclusive distribution partnership with PepsiCo," which you may remember was only established a few months ago, in April.  (See BBD 04-28-2020) Bang gave notice of terminating Pepsi as its exclusive distributor on October 23, 2020, "citing multiple issues and concerns regarding PepsiCo’s performance since the parties’ distribution partnership began in April 2020." The money-shot from flamboyant CEO Jack Owoc: “Bang Energy has had, and