A-B Strikes Master Distributor Agreement, Investment in Fast-Growing Canteen Spirits

Dear Client: Yesterday, we reported that just two-year-old, spirits-based RTD company, Canteen Spirits, had raised $31 million in financing to accelerate national expansion and "bolster brand recognition," among other things. Recall that the brand consists of a fast-growing Canteen Vodka Soda, and a recently-launched Cantina Tequila Soda. Both are 99-calorie, spirits-based ready-to-drink beverages, with the Vodka Soda checking in at 5% ABV and Tequila Soda clocking in at 5.6% ABV.  National expansion and visibility, indeed. Today BBD has learned that