Summary by Moomoo AI
On August 5, 2024, Safety Shot, Inc., a Delaware-based wellness and dietary supplement company, announced the upcoming launch of a new product format for their alcohol-reducing nutraceutical, Safety Shot. The product, which is the first of its kind to reduce blood alcohol content, will be available in a convenient on-the-go powder stick pack. The launch is expected in early Q4 and aims to address a market that is anticipated to reach $517 million by 2031. The COO of Safety Shot, David Sandler, expressed excitement over overcoming the challenges of creating a powdered version without compromising efficacy. The new stick pack format is part of the company's efforts to expand its product portfolio and increase brand visibility. The packs will be...Show More