The second quarter has started on a roll for NBEV stock thanks to the signing of a cannabis distribution deal with retail giant Walmart (NYSE:WMT). The deal could not have come at a better time, given that New Age Beverages Corp (NASDAQ:NBEV) has also inked a deal to leverage Bob Marley’s name on its new line of cannabis products.
NBEV stock is trading higher by 1.90%, selling at $5.95 USD, in the morning session, extending its week-long gain to 25%.
Walmart Distribution DealThe Walmart deal has got investors excited if a 20%+ spike ...
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