BRIEF

on LQR House (NASDAQ:LQR)

LQR House's SWOL Tequila Gains LCBO Approval for Ontario Market

Stock price chart of LQR House (EBR:LQR) showing fluctuations.

LQR House Inc. has secured approval from the Liquor Control Board of Ontario (LCBO) for its SWOL Tequila, marking a significant step in its Canadian market expansion. The first 1,000 bottles have been ordered by Of The Earth Distribution Corp., underscoring the product's readiness for distribution in Ontario.

SWOL Tequila, fully owned by LQR House, passed the rigorous LCBO product analysis, setting the stage for its entry into Ontario, a key market for alcoholic beverages in Canada. This development aligns with LQR House's growth strategy to reach new markets globally.

Sean Dollinger, CEO of LQR House, expressed enthusiasm for bringing SWOL Tequila to Canada, particularly as it introduces quality, affordable tequila to his home country.

The LCBO approval has initiated a partnership with Of The Earth Distribution Corp., aiming to offer premium spirits to Canadian consumers, starting in Ontario.

R. P.

Copyright © 2024 FinanzWire, all reproduction and representation rights reserved.
Disclaimer: although drawn from the best sources, the information and analyzes disseminated by FinanzWire are provided for informational purposes only and in no way constitute an incentive to take a position on the financial markets.

Click here to consult the press release on which this article is based

See all LQR House news