HighBridge Holdings, Inc. has entered into a manufacturing agreement with Alamo Beer Company in San Antonio, Texas.
Under the agreement, Alamo will make and co-pack a variety of hemp-derived delta-9-THC beverages for HighBridge Premium. Starting with its premium faux beer products (eeZee daze, Alpine Rush and Neblina del Pacifico), HighBridge will add ReFrsh seltzers in May, and a newly developed suite of ice teas will follow.
"With its history, expertise and capacity, Alamo can accommodate the growing needs of HighBridge as we build the hemp-based delta-9 portion of our corporate portfolio," said James Hunter, co-founder and CEO of HighBridge Holdings. "The ability of Alamo to accurately produce the complex formulas of the HighBridge faux beers was impressive. And the production capacity of Alamo will serve HighBridge well into the future.”
HighBridge will be using Alamo as a base for centralized production of its delta-9 infused beverages. Alamo's San Antonio location is conveniently located near Houston's D-Squared Worldwide Distribution, the primary distributor for HighBridge products throughout much of the U.S.
"The products Alamo has produced for HighBridge are impressive, and a reflection of the business model and leadership of the HighBridge team," said Eugene Simor, CEO of Alamo.
On a separate note, HighBridge has established a formal banking relationship with First Citizens Bank (FCB) in Texas.
"Working with the FCB’s Houston-based office was a great experience,” said Vicky Hunter, co-founder and CAO of HighBridge Holdings. “They understand the unique needs of HighBridge, offered a full range of services and made the on-boarding process seamless. As the HighBridge footprint expands into more states, we definitely see this as a long-term relationship that will continue to serve our banking needs.”