Safety Shot, Inc. launches Sure Shot On-the-Go Powder Stick Packs, the first clinically proven alcohol-reducing product in portable format.
Quiver AI Summary
Safety Shot, Inc. announced the launch of its groundbreaking Sure Shot On-the-Go Powder Stick Packs, which are the first alcohol-reducing product available in a convenient and portable format. The clinically proven formula, designed to support alcohol metabolism, is now offered in two flavors: Citrus Splash and Berry Blast. The stick packs are available for purchase online, with plans to expand to Amazon and retail stores in the coming months. This innovative product aims to address the growing demand for convenient wellness solutions in a market expected to exceed $2 billion by 2033. The new format not only enhances product accessibility and portability but also supports environmental sustainability by reducing packaging waste. Overall, the company believes that the Sure Shot stick packs will broaden its customer base and enhance shareholder value through operational excellence.
Potential Positives
- Launch of Sure Shot On-the-Go Powder Stick Packs, the world's first alcohol-reducing product in a portable format, positions Safety Shot to capture a share of the rapidly growing wellness market projected to exceed $2 billion by 2033.
- Clinically-backed and patented formula demonstrated marked improvement in blood alcohol reduction, appealing to health-conscious consumers seeking effective wellness solutions.
- The stick packs offer precise dosing and eco-friendly packaging, enhancing customer convenience and lowering environmental impact compared to traditional products.
- Positive impact expected on Safety Shot's balance sheet due to lower production costs and increased efficiency, supporting the company's commitment to operational excellence and shareholder value.
Potential Negatives
- Potential regulatory risks related to the marketing and sale of a product that claims to reduce blood alcohol content, which could subject the company to scrutiny or penalties if not compliant with applicable laws.
- The reliance on "forward-looking statements" may create uncertainty for investors, as these statements are inherently risky and could lead to significant deviations from actual results.
- The introduction of a new product format may not meet consumer expectations or may face challenges in market acceptance, impacting future sales and the company's reputation.
FAQ
What is the Sure Shot On-the-Go Powder Stick Pack?
The Sure Shot On-the-Go Powder Stick Pack is a convenient wellness product designed to reduce alcohol levels and promote overall wellness.
How does Sure Shot work to reduce alcohol?
Sure Shot is formulated with electrolytes, antioxidants, and natural extracts to support alcohol metabolism and aid in reducing blood alcohol concentration.
When will Sure Shot be available on Amazon?
Sure Shot Stick Packs are expected to launch on Amazon by mid-Q1 2025, following their immediate availability online.
What flavors do Sure Shot Stick Packs come in?
Sure Shot Stick Packs are available in two flavors: original Citrus Splash and the newly introduced Berry Blast.
How do Sure Shot Stick Packs benefit consumers?
They offer convenient, portable dosing, preserve product freshness, and can be easily added to any beverage or consumed directly.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$SHOT Insider Trading Activity
$SHOT insiders have traded $SHOT stock on the open market 1 times in the past 6 months. Of those trades, 0 have been purchases and 1 have been sales.
Here’s a breakdown of recent trading of $SHOT stock by insiders over the last 6 months:
- CHRISTOPHER MELTON sold 3,470 shares.
To track insider transactions, check out Quiver Quantitative's insider trading dashboard.
$SHOT Hedge Fund Activity
We have seen 20 institutional investors add shares of $SHOT stock to their portfolio, and 23 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- M HOLDINGS SECURITIES, INC. removed 152,463 shares (-100.0%) from their portfolio in Q3 2024
- SUSQUEHANNA INTERNATIONAL GROUP, LLP added 139,236 shares (+137.6%) to their portfolio in Q3 2024
- MILLENNIUM MANAGEMENT LLC removed 107,543 shares (-90.3%) from their portfolio in Q3 2024
- STEWARD PARTNERS INVESTMENT ADVISORY, LLC added 103,000 shares (+217.8%) to their portfolio in Q3 2024
- UBS GROUP AG removed 63,085 shares (-99.2%) from their portfolio in Q3 2024
- BLACKROCK, INC. removed 47,179 shares (-7.0%) from their portfolio in Q3 2024
- STATE STREET CORP added 42,100 shares (+40.5%) to their portfolio in Q3 2024
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
Full Release
JUPITER, Fla., Jan. 03, 2025 (GLOBE NEWSWIRE) -- 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 Contact
Investor Relations
Medon Michaelides
Phone: 561-244-7100
Email:
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