Safety Shot, Inc. (Nasdaq: SHOT) (the “Company”) today announced a
breakthrough in convenient wellness solutions with the launch of
its Sure Shot On-the-Go Powder Stick Packs. This innovative format
delivers the world's first alcohol-reducing product in a convenient
and portable form, poised to disrupt the rapidly growing wellness
market which is projected to exceed $2 billion by 2033.
Following successful trials demonstrating marked
improvement in blood alcohol reduction, Safety Shot's
clinically-backed, patented formula is now available in convenient
on-the-go stick packs. Featuring two delicious flavors, the
original Citrus Splash and a new Berry Blast, Sure Shot Stick Packs
are available immediately online, with plans to launch on Amazon by
mid-Q1 and in retail stores in Q2.
"Our dedicated R&D team and manufacturing
partners have worked tirelessly to create two great flavors that
perfectly complement our powerful ingredients," says David Sandler,
COO and Co-Inventor of Safety Shot. "We've successfully captured
the clinically proven, patented Sure Shot formula in a convenient
stick pack format. This is a testament to our commitment to
continuous innovation and delivering exceptional wellness
solutions."
Sure Shot: The World's First Clinically Proven
Alcohol-Reducing Product
Sure Shot, the world's first clinically proven
alcohol-reducing product, is now available in a convenient and
eco-friendly stick pack format. Formulated with a blend of
electrolytes, antioxidants, and natural extracts, Sure Shot
supports alcohol metabolism and promotes overall wellness. The
stick packs offer precise dosing, ultimate portability, and can be
easily added to any beverage or consumed directly.
Benefits of Sure Shot Stick Packs:
Stick packs offer numerous advantages. In
addition to being incredibly convenient, they allow for precise
dosing, ensuring consumers can easily mix the powder with their
preferred beverage for a personalized experience. Moreover, the
sealed stick packs ensure product freshness and a consistent,
reliable dosage. Their compact size allows for easy transport and
consumption anytime, anywhere. Furthermore, stick packs offer a
reduced environmental impact compared to traditional bottles or
cans, with less packaging waste and a lower carbon footprint.
Finally, the stick packs can be easily added to various beverages
or consumed directly, providing maximum flexibility for
consumers.
"Powder stick packs are the perfect solution for
people on the move," stated CEO Jarrett Boon. "Sure Shot lowers
your blood alcohol and makes you feel better in as little as 30
minutes. We believe there is no other product like it anywhere, and
now we've made it even more accessible for both our retail partners
and consumers. We believe that this new format will significantly
broaden our customer base and continue to help mitigate the
negative consequences of alcohol consumption."
Positive Impact on the Balance Sheet
The introduction of stick packs is expected to
have a positive impact on Safety Shot's balance sheet due to lower
production costs and increased efficiency. This strategic move
aligns with the Company's commitment to enhancing shareholder value
through innovation and operational excellence.
Expanding into a Growing Market
The global wellness market is projected to
exceed $2 billion by 2033, with a compound annual growth rate
(CAGR) of 5.4%. This rapid growth, as reported by Grand View
Research and Precedence Research, is driven by increasing consumer
demand for convenient, portable, and sustainable packaging
solutions. Safety Shot is strategically positioned to capitalize on
this trend with its innovative Sure Shot stick packs, targeting
health-conscious individuals, travelers, athletes, and anyone
seeking a convenient way to support their wellness goals.
"This is an exciting step forward for Safety
Shot," concluded CEO Jarrett Boon. "We are committed to delivering
innovative wellness solutions that meet the evolving needs of our
customers. With the launch of our revolutionary stick packs, we are
confident that Safety Shot will continue to lead the way in the
rapidly growing market for responsible and convenient wellness
products."
Investors and consumers are encouraged to visit
www.sureshot.com to learn more and purchase Sure Shot On-the-Go
Powder Stick Packs.
About Safety Shot, Inc.
Safety Shot, Inc., a wellness and dietary
supplement company, has developed Safety Shot, the first patented
wellness product on Earth that lowers blood alcohol content by
supporting its metabolism, while boosting clarity, energy, and
overall mood. Safety Shot is available for purchase online at
www.sureshot.com, www.walmart.com and Amazon. The Company is
introducing business-to-business sales of Safety Shot to
distributors, retailers, restaurants, and bars throughout 2024.
Forward-Looking Statements
This press release includes certain disclosures
that contain "forward-looking statements" within the meaning of the
Private Securities Litigation Reform Act of 1995 about us and our
industry that involve substantial risks and uncertainties. All
statements other than statements of historical facts contained in
this press release, including statements regarding Safety Shot's
ability to develop and commercialize a product that lowers blood
alcohol content, the timing, progress and results of non-clinical
studies and clinical trials, including our product development
plans and strategies, Safety Shot's future results of operations or
financial condition, business strategy and plans, and objectives of
management for future operations, are forward-looking statements.
In some cases, you can identify forward-looking statements because
they contain words such as "anticipate," "believe," "contemplate,"
"continue," "could," "estimate," "expect," "intend," "may," "plan,"
"potential," "predict," "project," "should," "target," "will," or
"would" or the negative of these words or other similar terms or
expressions. Forward-looking statements are based on Safety Shot's
current expectations and are subject to inherent uncertainties,
risks and assumptions that are difficult to predict. Factors that
could cause actual results to differ include, but are not limited
to, our ability to comply with applicable U.S. and foreign laws,
rules, and regulations, product liability claims, our ability to
develop and market Safety Shot and the risks and uncertainties that
are described more fully in the section titled "Risk Factors" in
Safety Shot's Form 10-Q for the fiscal quarter ended June 30,
2024, filed with the Securities and Exchange Commission
on August 15, 2024, and its other filings with the Securities
and Exchange Commission. Forward-looking statements contained in
this press release are made as of this date, and Safety Shot
undertakes no duty to update such information except as required
under applicable law.
Media and Investor ContactInvestor
RelationsMedon MichaelidesPhone:
561-244-7100Email: investors@drinksafetyshot.com
Safety Shot (NASDAQ:SHOTW)
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Safety Shot (NASDAQ:SHOTW)
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