Dear Client: We reported last December that Reyes had picked up Flying Embers, the organic hard kombucha brand from Kevita founder, Bill Moses, for its Southern California footprint. Bill co-founded Kevita, the non-alc "sparkling probiotic drink" that Pepsi acquired back in 2016 or '17 (at the time of the sale Reuters estimated Kevita to be valued near $500MM). Bill told CBD that brand is now doing about $300 million in retail sales. Now, as previously hinted, Flying Embers is expanding
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