Industry Leader Savage Enterprises Signs Commitment Letter with Young America Capital
IRVINE, Calif./ACCESSWIRE/February 9, 2022/ Savage Enterprises (“Savage”) (www.SavageEnterprises.com), an industry leader and innovator in the e-liquid, hemp and cannabinoid markets, today announced that it has signed a Letter of Commitment with Young America Capital (“YAC”), the 55-person licensed investment bank and broker based in Mamaroneck, NY.
Savage Enterprises continues to be a dominant leader in the e-liquid, hemp, and cannabinoid-derived product industries as a retailer and wholesaler. Savage has remained committed to improving the community it serves with superior, consumer-centric, cost-effective products that are third-party lab tested with quality assurance, consistency, and traceability. Young America Capital is a FINRA/SEC licensed broker in New York serving the needs of early-stage and mid-market investment banks. Young America Capital will help Savage Enterprises identify potential acquirers, IPO avenues and/or potential merger candidates while helping Savage Enterprises continue to be the industry leader in its market.
Chris Wheeler, CEO of Savage Enterprises, said, “There are lots of options for investment bankers, but it was great getting to know the guys at Young America Capital and seeing firsthand how hard they work. add a ton of value to Savage Enterprises for future acquisitions, mergers and eventually, options to take our company public.”
Matt Winters, CFO of Savage Enterprises, added, “We are very pleased to work with the bankers at Young America Capital. They are wonderful and very competent people. With the combination of Young America Capital’s expertise and Savage’s position in the industry, we expect big changes to be made in the near future.”
About Savage Enterprises:Based in Irvine, CA, Savage Enterprises was founded in 2014 by co-owners Christopher G. Wheeler and Matt Winters with a vision to bring innovation to the counterculture space. Savage is committed to improving the community it serves by providing superior quality, consumer-centric, cost-effective products that are third-party laboratory tested with quality assurance, consistency, and traceability. Savage’s goal is to create the benchmark for quality and assurance in the industry. Under its flagship Delta Extrax brand and sub-brand Chronix (www.DeltaExtrax.com), Savage Enterprises sells hemp-derived delta-10-THC cartridges, disposables and tinctures, injections infused with delta-8-THC and delta-9-THC. , cartridges, concentrates, disposables, edibles, delta-8-THC infused hemp flower, pods, tinctures, THC-O, HHC, THC-V and THC-P products. Under Vix (www.ThisIsVix.com), Savage sells male enhancement products. Under Savage CBD (www.SavageCBD.com), Savage sells CBD cartridges, disposables, edibles, tinctures, topicals, vape juice, and CBD for pets. Under its Vape 100 brand, Savage produces nicotine-infused e-liquids. Under its Zen Panda brand, Savage sells various kratom and kava products. Savage also sells disposable nicotine vapes. The Savage team is currently developing at least three other supplement products, as well as innovative devices for marijuana use. For more information about Savage Enterprises, please visit www.SavageEnterprises.com.
Caution Regarding Forward-Looking StatementsCertain statements contained herein are “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Such information includes the acquisition, financing, revenue growth, profitability and strategies, plans and expectations of products of Savage Enterprises, LLC. These forward-looking statements are not guarantees of future performance and are subject to known and unknown risks, uncertainties and other factors that could cause or contribute to actual results of merger plans, financing plans, operations or performance or achievements of such companies differing materially from those expressed or implied by the forward-looking statements. These companies undertake no obligation to publicly update any forward-looking statements, whether as a result of new information, future events or otherwise. Actual results, performance or achievements could differ materially from those anticipated in these forward-looking statements due to certain other factors.
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