REED'S, INC.

Reed's, Inc. is a branded beverage company that offers a range of natural, premium, and functional beverages under its Reed's and Virgil's brands. The company's products are sold in over 32,000 outlets across the United States and in select international markets. Reed's competes in the U.S. carbonated soft drink (CSD) market by offering alternatives that emphasize real ginger, clean-label ingredients, and functional formulations. The company operates using an asset-light business model, relying on a network of independent co-packers and distributors. This structure allows Reed's to scale production and expand distribution without significant capital expenditures. Reed's has 50 products that are sold throughout the United States and the Asia-Pacific region. These products are manufactured through a network of seven independent manufacturers and distributed through five independent distribution centers. The U.S. CSD market grew approximately 2% to $46 billion in 2025, while the U.S. ginger ale market grew approximately 6% to $2.9 billion in 2025. Reed's craft beverages are made with only premium, natural ingredients and are free of genetically modified organisms (GMOs) and artificial preservatives. In 2019, the company streamlined its focus to its core brands: Reed's Ginger Beverages and Virgil's Craft Sodas.