Wildpack Commences Can Sleeve and Label Printing Production

2021-12-29 17:31:44 By : Mr. Sam Zheng

VANCOUVER, BC , Dec. 23, 2021 /CNW/ - Wildpack Beverage Inc. (TSXV: CANS) (OTC: WLDPF) ("Wildpack" or the "Company") is pleased to announce the launch of its dedicated in-house printing production line for can labels and sleeves. This new, dedicated line is located in the Company's Las Vegas Facility and has the capacity to meet projected internal 2022 decorating demand across Wildpack's existing network of 6 facilities across the USA and anticipated future expansion.

"We pride ourselves on being customer centric and offering economies of scale to middle market beverage brands. As a result of customer demand, we made the strategic decision to commission this production line. Integrating this production capability adds immediate value to our customers by reducing vendors, simplifying operations, and reduce lead times, one of the key problems Wildpack's strategy solves," added Chuck Zadlo , Chief Operations Officer at Wildpack Beverage.

Since its inception, Wildpack has offered fully integrated co-packing or a la carte services to meet the needs of middle market beverage brands once they have reached the stage of production. Wildpack's state-of-the-art Las Vegas facility houses the HP digital printers used in the production of can labels and sleeves with customer printing commencing on yesterday, December 21, 2021 . Wildpack's printing production is expected to result in an increase in gross revenue of $2.875M in 2022.

Chris Sumpter , Digital Press Manager at Wildpack, commented, "With this added capability, Wildpack is in a position to offer all components of the co-packing process, printing, decorating, filling, and packing integrated into one-stop. As customers continue to demand all-in-one services, Wildpack will pursue the strategic integration of production verticals. Bringing printing services in-house allows Wildpack better tracking and controls for our quality assurance targets and ESG goals as we pursue scalable alternatives for renewable label production."

Per: "Mitch Barnard"

Mitch Barnard Chief Executive Officer and Director

Stifel GMP is financial advisor to Wildpack Beverage Inc., Fasken Martineau DuMoulin LLP is its legal advisor.

Visit our investor website at:

Wildpack is engaged in beverage manufacturing and packaging, operating in the middle market by providing sustainable aluminum can filling and decorating services to brands throughout the United States . Wildpack currently operates indirectly through its wholly owned subsidiaries and out of facilities in Baltimore, Maryland , Atlanta, Georgia , Longmont, Colorado , Sacramento, California and Las Vegas, Nevada with a focus on digital innovation and green ready-to-drink packaging. Wildpack commenced trading on May 19, 2021 on the TSX Venture Exchange under the symbol "CANS.V".

This news release may contain "forward-looking statements" within the meaning of applicable Canadian securities laws, including, without limitation, the anticipated revenue in connection therewith. Forward-looking statements are necessarily based upon a number of estimates and assumptions that, while considered reasonable by management, are inherently subject to significant business, economic and competitive uncertainties, and contingencies. These statements generally can be identified by the use of forward-looking words such as "may", "should", "will", "could", "intend", "estimate", "plan", "anticipate", "expect", "believe" or "continue", or the negative thereof or similar variations. Forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause future results, performance or achievements to be materially different from the estimated future results, performance or achievements expressed or implied by those forward-looking statements and the forward-looking statements are not guarantees of future performance. Wildpack's statements expressed or implied by these forward-looking statements are subject to a number of risks, uncertainties, and conditions, many of which are outside of Wildpack's control, and undue reliance should not be placed on such statements. Forward-looking statements are qualified in their entirety by the inherent risks and uncertainties related to Wildpack's business, including: that Wildpack's assumptions in making forward-looking statements may prove to be incorrect; the inability to actualize the anticipated benefits of the implementation of Wildpack's in-house printing production line; and adverse market conditions. Except as required by securities law, Wildpack does not assume any obligation to update or revise any forward-looking statements, whether as a result of new information, events or otherwise.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

View original content to download multimedia:https://www.prnewswire.com/news-releases/wildpack-commences-can-sleeve-and-label-printing-production-301450408.html

View original content to download multimedia: http://www.newswire.ca/en/releases/archive/December2021/23/c9551.html

Shares of eponymous fuel cell stock FuelCell Energy (NASDAQ: FCEL) crashed after the Q4 earnings report this morning and are down 15.2% as of 10:25 a.m. ET. Analysts had forecast that FuelCell would lose $0.04 per share in its fiscal fourth quarter on sales of $21.9 million, but FuelCell missed on both the bottom and top lines. Its $0.07-per-share loss was nearly twice as bad as feared, while its $13.9 million in quarterly sales missed the revenue mark by nearly $8 million.

Cathie Wood's investments haven't impressed this year. But she's confident in her strategy, which includes these top growth stocks.

Nio (NYSE: NIO) has managed to make a place for itself in the domestic Chinese market. Nio has grown significantly in the seven years since its founding in November 2014. Nio's year-to-date deliveries through Nov. 30 rose 120.4% year over year.

Losing money in the S&P 500 is never fun. But it stings all the more when everyone else is making tons on their stocks.

Micron Technology's (NASDAQ: MU) stock price surged after the company's fiscal 2022 first-quarter results were released on Dec. 20, showing that its revenue, earnings, and guidance exceeded Wall Street's expectations. Micron's revenue shot up 33% year over year in Q1 to $7.69 billion, while its earnings jumped to $2.16 per share from $0.78 per share in the year-ago period. One of the reasons behind Micron's impressive growth last quarter was the jump in the company's revenue from the mobile business.

Upstart was volatile in 2021, but does it have the ability to return to its all-time highs next year?

The need of a robust charging infrastructure to support the growth of electric vehicles (EVs) is undisputed. What isn't as clear is which players will be instrumental in developing this infrastructure and, more importantly, whether can they do this profitably. Let's discuss which of the two top EV charging stocks, ChargePoint (NYSE: CHPT) and Blink Charging (NASDAQ: BLNK), is a better buy right now.

China's ride-hailing giant Didi Global plans to use a mechanism that will allow it to list shares in Hong Kong without raising capital or issuing new stock as it seeks to delist from New York, two people with knowledge of the matter said. The plans come as Didi is moving towards withdrawing from the New York Stock Exchange under pressure from Beijing after running foul of Chinese authorities by pushing ahead with an initial public offering (IPO) there earlier this year despite being asked to put it on hold while a review of its data practices was conducted. The Hong Kong mechanism, known as 'listing by introduction', would allow owners of Didi U.S. shares to transfer them to the city's bourse gradually, said the people.

Get aboard the Tesla stock train, argues Dan Ives at Wedbush.

Shares of Lemonade (NYSE: LMND) declined 4.5% today as of market close, far more than the broader market indices dropped on the day. Lemonade stock is now down nearly 10% in the last week and has lost 64% of its value in 2021 with just days left to go until the new year. Lemonade has been a divisive stock, especially since surging in value at the start of 2021 only to quickly collapse.

Yahoo Finance Live anchors Brian Sozzi and Julie Hyman examine the market and several of the trending stocks heading into the opening bell.

Passive income is a powerful wealth-building tool and something that investors should keep in mind as they begin 2022. Well-managed dividend stocks can provide that passive income year in and year out. The best of the best have earned the title of Dividend Kings, a select group of 31 companies that have been managed to increase their dividend payouts annually for at least 50 consecutive years.

Although there were several bullish attempts through 2021,fuboTV Inc. (NYSE: FUBO) is ending the year on a low note. Even though the media sector underperformed the broad market, FUBO dropped over 40% - remaining far from profitability and under heavy pressure from the shorts.

These stocks are trading near their 52-week lows but have tremendous long-term growth opportunities.

It's no secret that I believe movie theater chain AMC Entertainment (NYSE: AMC) is the most overvalued stock on Wall Street. For those of you who may not have followed the AMC "made for TV drama" that's occurred this year, the company's shares are up more than 1,200% following an epic short squeeze earlier this year. Short-sellers (investors betting on a security's price to decline) were caught off-guard when AMC was able to save itself from imminent bankruptcy by selling 164 million shares of stock and issuing high-interest debt.

The Dow Jones Industrial Average includes multiple companies that stand out as a strong fit for investors looking toward brand leadership and dividend payouts. Three companies, in particular, that offer forward-looking earnings growth include the world's manufacturing leader in construction and mining equipment, Caterpillar (NYSE: CAT);  Walt Disney (NYSE: DIS), the leading media industry giant; and Nike (NYSE: NKE), the global leader in athletic shoes, apparel, and equipment. All three Dow stocks are poised to benefit from changing economic factors in the coming year that portend further stock price growth.

If you want to leave some stocks to your heirs, then you'll want to find companies like these that are poised to thrive for decades to come.

Despite their similar names, the Vanguard Total Stock Market Index and the Vanguard 500 Index funds have different objectives.

Since Dec.16, at least 23 analysts have reissued target prices for Alibaba stock. Of those, 17 cut their estimates.

Yahoo Finance's Jared Blikre discusses stocks higher at open and EV stocks falling.