Sierra Nevada on Minority Stake in RIOT Energy: “A Meaningful Partnership that Will Form Over Time”

Dear Client:  Recall Sierra Nevada’s big announcement last August that with their imminent Chico innovation center, CanDo, they are open to partnerships of all kinds, with all kinds of producers —  from spirits to non-alc beverage companies, to energy players and more [see CBD 08-24-2022].  Today they’re making good on that promise. Sierra has just announced a minority investment in Venice, California-based RIOT Energy.  “Sierra Nevada will initially serve as an investor and will eventually produce and package RIOT Energy