Industry Leader Young's Market Company to Distribute Splash Beverage Group Inc.'s SALT Naturally Flavored Tequila in Walmart AZ and SoCal Locations

Fort Lauderdale, Florida--(Newsfile Corp. - August 20, 2020) - Splash Beverage Group, Inc. (OTC Pink: SBEV) (https://www.SplashBeverageGroup.com) ("the Company"), a holding company of leading portfolio of beverage brands, announces today additional Walmart locations throughout the U.S. for its SALT Naturally flavored Tequila with 100% Agave.

Tequila - Walmart Locations

To view an enhanced version of this image, please visit:
https://orders.newsfilecorp.com/files/7319/62169_171dc1b424995b0a_002full.jpg

The Company recently announced availability in Florida and New Mexico and is pleased to disclose it has added select Walmart locations in Arizona and Southern California via Young's Market Company, the premier distributor of wines, spirits and select beverages in the western United States.

Young's Market Company

To view an enhanced version of this image, please visit:
https://orders.newsfilecorp.com/files/7319/62169_171dc1b424995b0a_003full.jpg

Splash Beverage's SALT Naturally Flavored Tequila has arrived on shelves of the world's largest retailer in the wake of Walmart's recent decision to add more high-end/premium alcoholic beverage selections such as Buffalo Trace, Veuve Clicquot and SALT Naturally Flavored Tequila, to name a few.

CEO Robert Nistico states, "We are enthused with the expansion of relationships here. The writing is on the wall, Walmart is assertively looking to service their customer base with premium liquor brands like SALT, and we are pleased to be a part of that. We anticipate announcing additional locations as we continue cultivating a longstanding relationship with Walmart via our distributing partners."

Jason Fremstad, vice president of adult beverages for the chain's U.S. stores, told Business Insider Walmart is looking to meet the demand for premium alcohol choices by adding higher-end, craft and locally-made beverages.

"There's been a significant shift in our assortment this year to make sure that we are not just taking care of our customers with all the core offerings they expect, but really getting into that premium and innovative assortment that we're really not known for at this point," he told Business Insider.

According to Benzinga, Walmart has so far taken part in "well over" 100 meetings with local and national players in the craft beer space, the publication reported. The retailer is also focused on capturing growth in premium tequila, which is "growing incredibly fast."

Salt Tequila - Chocolate promo

Cannot view this video? Visit:
https://www.youtube.com/watch?v=XIGzXaraPe4

Follow Splash Beverage Group on Twitter: www.twitter.com/SplashBev

Splash Beverage Group Inc.

To view an enhanced version of this image, please visit:
https://orders.newsfilecorp.com/files/7319/62169_171dc1b424995b0a_004full.jpg

About Splash Beverage Group, Inc.:

Splash Beverage Group specializes in manufacturing, distribution, sales & marketing of various beverages across multiple channels. SBEV operates in both the non-alcoholic and alcoholic beverage segments which they believe leverages efficiencies and dilutes risk.

SBEV believes its business model is unique as it ONLY develops/accelerates brands it perceives to have highly visible pre-existing brand awareness or pure category innovation.

SALT Naturally Flavored Tequila is 100% agave, 80 proof naturally flavored tequila. SALT Tequila is remarkably smooth with a clean and delicate taste. Grown, distilled, and bottled in the region of Jalisco Mexico, each handcrafted bottle of SALT Tequila is the result of years of hard work, determination and countless blends until they reached perfection. SALT Tequila offers a variety of naturally flavored tequilas including Berry, Citrus and Salted Chocolate.

About Walmart:

What started small, with a single discount store and the simple idea of selling more for less, has grown over the last 50 years into the largest retailer in the world. Each week, nearly 265 million customers and members visit approximately 11,500 stores under 56 banners in 27 countries and eCommerce websites. With fiscal year 2020 revenue of $524 billion, Walmart employs over 2.2 million associates worldwide. Walmart continues to be a leader in sustainability, corporate philanthropy and employment opportunity. It's all part of our unwavering commitment to creating opportunities and bringing value to customers and communities around the world.

Forward-Looking Statement

This press release includes "forward-looking statements" within the meaning of U.S. federal securities laws. Words such as "expect," "estimate," "project," "budget," "forecast," "anticipate," "intend," "plan," "may," "will," "could," "should," "believes," "predicts," "potential," "continue" and similar expressions are intended to identify such forward-looking statements. These forward-looking statements involve significant risks and uncertainties that could cause the actual results to differ materially from the expected results and, consequently, you should not rely on these forward-looking statements as predictions of future events. These forward-looking statements and factors that may cause such differences include, without limitation inability to enter into a definitive agreement with respect to the proposed transaction or to complete the transactions contemplated by the non-binding term sheet, matters discovered by the parties as they complete their respective due diligence investigation of the other. Other factors include the possibility that the proposed transaction does not close, including due to the failure to receive required security holder approvals, or the failure of other closing conditions. The foregoing list of factors is not exclusive. Readers are cautioned not to place undue reliance upon any forward-looking statements, which speak only as of the date made.

Contact Information:

Splashbeveragegroup.com
info@splashbeveragegroup.com
954-745-5815

SOURCE: Splash Beverage Group, Inc.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/62169