NuZee And Farmer Brothers Announce Manufacturing Partnership
November 6, 2020
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NuZee, Inc. (d/b/a Coffee Blenders®) (NASDAQ: NUZE) (“NuZee” or “the Company”), a leading U.S. producer of specialty single serve pour-over pouches and tea bag coffee pouches, and Farmer Bros. Co. (“Farmer Brothers”), today announced a strategic partnership under which Farmer Brothers will provide access to manufacturing capacity as NuZee continues to roll out innovative coffee and tea products in the U.S.
The Plano, TX-based company plans to raise $5 million by offering 555,555 shares at a price of $9, the last close of its shares listed on the OTCQB (NUZE). At the assumed offer price, NuZee would command a fully diluted market value of $133 million.
NuZee, Inc. (OTCQB: NUZE) (“NuZee” or “the Company”) announced today that it is offering 100 independent roasters affected by COVID-19 up to 500 Coffee Blenders’ t-bag style, single-serve pour over coffee pouches, free of charge. The offer is open to the first 100 roasters to contact NuZee, complete the necessary fields found in the link below, and ships us up to 20 pounds of the coffee of your choice.
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