Business
Entertainment Art Research Inc. enters the Craft Brewing and Adult Enhanced Beverage arena with the acquisition of the issued and outstanding shares of Bell City Brewing Company Inc.
Entertainment Art Research Inc. enters the Craft Brewing and Adult Enhanced Beverage arena with the acquisition of the issued and outstanding shares of Bell City Brewing Company Inc..
About this update from Entertainment Arts Research, Inc.
[{"type":"text","content":"We are pleased to announce that we have signed a definitive agreement for the acquisition of Bell City Brewing Company Inc., a craft brewery located in Ontario, Canada.“This acquisition will not only enable the company’s entrance into the robust growth market of craft brewing, it will also accelerate our entrance into the new hypergrowth adult beverage categories with products like Bell City’s ‘One Love’ cannabis beer, THC and CBD infused natural beverages, and explore the development of psychedelics” said EARI Group CEO Bernard Rubin.“By adding Bell City to a growing public company, I see the opportunity for incredible collaboration and growth potential without boundaries. With the extended resources of EARI, Bell City will see significant revenue growth in 2022” said Muthu Sakthivel, the founder of Bell City, a master brewer, and an accomplished adult beverage technician.Sakthivel joins EARI’s advisory board and will lead the development process of EARI’s exciting beverage portfolio.About EARIThe Company trades on OTC Markets with the symbol, EARI and is a diversified beverage and media group, with interests in the hand crafted spirits, functional beverages, and now the enhanced beverage space. In addition, the company owns media streaming platforms with proprietary AR/AI/VR technology that can be utilized to promote our beverage portfolio.For more information, please visit us at www.earigroup.comAbout Bell City Brewing Company Inc. Bell City Brewing Company Inc. is an award-winning craft brewery located in Brantford, Ontario, founded Muthu Sakthivel in 2012. Pushing the beverage boundaries, Bell City brews gold medal-winning Habanero Chill Pepper Lager and an incredible range of craft beers from Lenoir, our Belgian Ale to Plato, our easy drinking German Pilsner. The company is in the development process of a cannabis beer “One Love” and Enhanced beverages. Visit us at www.bellcitybrewing.com Instagram + Twitter: @bellcitybeer | Facebook: /bellcitybrewingAbout the Craft Brewing IndustryA recent report published by Brand Essence Market Research,\" Craft Beer Market Size 2020 forecast To 2025\" confirmed that the craft beer market size reached about USD $41 billion in 2018. The craft beer market size is likely to reach $92.8 billion in 2025, growing at a robust 12.35% CAGR by the end of th...