Benzinga | Nov 10, 2021 06:02AM EST

Eastside Distilling Inks Sponsorship Deal With Portland Trail Blazers At Moda Center

* Eastside Distilling Inc (NASDAQ:EAST) has signed a three-year sponsorship deal with the National Basketball League's (NBA) Portland Trail Blazers at the Moda Center for the 2021-24 seasons.

* Eastside Distilling will be the Trail Blazer's newest spirits partner and host brand and tasting experiences highlighting their full premium Whiskey lineup at the exclusive Moda Center.

* Local and celebrity mixologists will be on-site creating specialty Eastside Distilling cocktails available at multiple locations during games, concerts, and other events at the Moda Center.

* The sponsorship includes the rights to use the Portland Trail Blazer's logo on point-of-sale items at retail and in bars and restaurants.

* Price Action: EAST shares closed 5.15% higher at $2.86 on Tuesday.