Sparkling Peach Tea Enters California Market Just in Time for Summer
SACRAMENTO, CA - 
(NewMediaWire) - August 8, 2024 - MWG Holdings Group, Inc. (“MWG Holdings” or “MWG”), owner and operator of Perfect Union, a locally-focused cannabis company with award-winning roots in the California medical and recreational markets, announced today the launch of 5G Peach Tea, joining its growing portfolio of cannabis beverage products from 530 Grower.
“Our newest 5G Peach Tea flavor offers a refreshing option that perfectly complements our existing 5G Pop lineup which is quickly growing to be the top selling beverage in our stores,” said Nicole Hanratty, VP of Marketing at MWG Holdings. “Cannabis beverage brands are having incredible success in California, with Headset data showing sales in this category increasing by 7.9% year-over-year as of June 2024. At Perfect Union, we are seeing an explosive 18% growth in beverages sales year-over-year as of July 2024. Consumer interest in these products is growing, and we’re excited to be part of that continued growth.”
Consumers are increasingly turning to cannabis as an alternative to alcoholic drinks, embracing these products as part of their pursuit of wellness and diverse lifestyle choices. Notably, the global cannabis beverages market is projected to reach $3.8 billion by 2030, according to Research and Markets' "Cannabis Beverages - Global Strategic Business Report.”
5G Tea is leading the trend of cannabis-infused beverages, innovating with premium flavor, quality and affordability in mind, with added cannabis benefits to support overall wellbeing. The beverage’s sophisticated and flavorful option effortlessly complements any social gathering, offering discreet and manageable servings that enhance the cannabis experience.
5G Peach Tea is available exclusively at Perfect Union and Wild Seed Wellness locations throughout California. For information on where to find 5G Tea and 5G Pop products, visit https://www.perfect-union.com/. MWG boasts a robust portfolio of award-winning cannabis brands throughout its eight retail locations and offers a safe and welcoming environment where patrons can access high-quality products in-store, or via online order and pick up.
About MWG Holdings
MWG Holdings Group, Inc. is a purpose-driven, locally-focused cannabis company in the California medical and recreational markets, with a flagship location in Sacramento, California. Founded in 2017 as the pioneering cannabis retail brand originally known as Magnolia Wellness, the brand has offered award-winning and best selling products with a focus on local community building, and giving back to their employees. Today, MWG’s management team leverages over a decade of experience building profitable cannabis businesses, having raised millions in capital and bringing the company to cash flow positivity. The company has obtained scarce retail licenses and navigated local laws and regulations across Central and Northern California and values building social welfare and outreach programs.
MWG owns and operates Wild Seed Wellness and Perfect Union, California's largest wholly-owned cannabis company where guests enjoy a family-like atmosphere and wide range of products. Perfect Union boasts a robust portfolio of award-winning cannabis brands throughout its seven retail locations and offers a safe and welcoming environment where patrons can access high-quality products in-store, or via online order and pick up. MWG’s print magazine, smish., is available at all its retail store locations and features exclusive interviews with prominent entertainment figures, trending cannabis topics, canna-friendly events and more. Read smish. online at www.thesmishspot.com.
MWG owns or controls a significant majority of its supply chain, including cultivation, manufacturing and distribution. Learn more at www.perfect-union.com.
Media Contact:
Americana Communications Ltd.
