Benzinga | Nov 16, 2021 12:54PM EST

Reed's Launches Real Cranberry Ginger Ale At Costco

* Reed's Inc (NASDAQ:REED) has launched REAL Cranberry Ginger Ale, an exclusive variety for Costco Wholesale Corp (NASDAQ:COST) members in the Northwest region.

* The non-alcoholic sparkling beverage contains organic pressed ginger, sweetened with cane sugar.

* "We're thrilled to bring our ginger-loving fans this limited-edition flavor and look forward to continuing to expand upon our ginger beverage portfolio in 2022," said CEO Norman E. Snyder.

* Price Action: REED shares are trading lower by 2.02% at $0.5389 on the last check Tuesday.