Tuesday, March 10, 2020

Ocean City's Hoop Tea aims to raise $1M, triple production

An Ocean City-bred alcoholic tea company is aiming to grow well beyond the beach with a new $1 million crowdfunding campaign. Hoop Tea launched the campaign in late January and had raised more than $204,000 toward its goal as of Monday afternoon. The company, known for its colorful 3-liter bags of spiked iced tea in flavors like white mango and melon mint, will seek investments through the summer, CEO Danny Robinson said. The money will be used to increase production, hire new sales and marketing…



from https://www.bizjournals.com/baltimore/news/2020/03/10/ocean-citys-hoop-tea-aims-to-raise-1m-triple.html?ana=RSS&s=article_search
via https://baltimorecheckbook.tumblr.com/post/612208472881299456

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