Grass Valley, CA - (NewMediaWire) - July 12, 2021 - TodayBrewBilt Brewing Company (the “Company”) (OTCPINK: BRBL) announced that theCompany has officially completed its corporate restructure and has submittedits Type 22 (Small Beer Manufacturer) license application to the State ofCalifornia and has received its Federal Brewer’s Notice to produce anddistribute commercial craft beer in its new high-tech brewing facility inNorthern California.
CEO Jef Lewis stated, “TheCompany has commenced construction of its 6,000 sq. ft. brewery which is thefirst ‘proof of concept’ facility while currently planning for its 150,000 sq.ft. facility with tap room. The first facility will be up and brewing betweenNovember 2021 and January 2022 with its 20BBL system producing $1.2M in craftbeer sales. The first facility will produce 66% of its volume in craft lagersand 34% volume in ales. Our experienced brewers have developed proprietaryrecipes for both BrewBilt branded beers and private label offerings. TheCompany currently has 112 people who have signed up for our email listexpressing interest in our products. Our legal team has completed the ContractBrewing Agreement (CBA) which will distribute it to potential clients thismonth. The Company’s 150,000 sq. ft. facility will produce $30M annually inbeer, not including tap room revenues and other product sales in variousmerchandise.”
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ABOUT BREWBILT BREWING COMPANY:(http://www.brewbiltbrewing.com)
Located in the Sierra Foothillsof Northern California, BrewBilt Brewing Company brews craft lagers and aleswith a particular focus on European-style lagers. The Company offers its ownlineup of craft beers as well as private label and contracting brewingservices. BrewBilt Brewing grew out of BrewBilt Manufacturing Inc. (OTCPINK:BBRW), who has been handcrafting custom breweries and fermentation systemssince 2014. BrewBilt Brewing’s production staffs are industry veterans usingthe highest quality brewing equipment and ingredients available to deliveroutstanding craft beer to California and beyond.
FORWARD LOOKING STATEMENTS Thisdocument contains forward-looking statements. Forward- looking statementsprovide current expectations or forecasts of future events and are notguarantees of future performance, nor should they be relied upon asrepresenting management’s views as of any subsequent date. The forward-lookingstatements are based on management’s expectations and are subject to a numberof risks and uncertainties. Although management believes that the expectationsreflected in such forward-looking statements are reasonable, actual results maydiffer materially from those expressed or implied in such statements. Risks anduncertainties that could cause actual results to differ materially include,without limitation, the Corporation’s ability to effectively execute itsbusiness plans; changes in general economic and financial market conditions;changes in interest rates; changes in the competitive environment; continuingconsolidation in the financial services industry; new litigation or changes inexisting litigation; losses, customer bankruptcy, claims and assessments;changes in banking regulations or other regulatory or legislative requirementsaffecting the Corporation’s business; and changes in accounting policies orprocedures as may be required by the Financial Accounting Standards Board orother regulatory agencies. Management may elect to update forward-lookingstatements at some future point; however, it specifically disclaims anyobligation to do so.
Contact:
Jef Lewis, Chairman and CEO
BrewBilt Brewing Company - BRBL
(530) 205-3437
Info@BrewBiltBrewing.com
Source: BrewBilt BrewingCompany