Jupiter Wellness closes acquisition of Safety Shot

Jupiter Wellness closed the acquisition of all of the operating assets of GBB Drink Lab Inc., including the formula, patent, know-how, clinical data, and inventory of the world’s first rapid blood alcohol detox drink, branded as Safety Shot. Several members of the GBB Drink Lab’s executive team, board members and advisors have joined Jupiter Wellness including Josh Wagner who now serves as the Company’s Chief Revenue Officer and David Sandler who serves as Jupiter’s Chief Operating Officer. John Gulyas, Founder and President of GBB Drink Lab has joined Jupiter’s Board of Directors. Rick Pascuci, a beverage industry innovator, and David Long, CEO of Orange Theory Fitness, both former advisors to GBB Drink Lab, now serve on Jupiter’s Advisory Board. Jupiter Wellness expects that a majority of its revenues will be driven by its Safety Shot business unit in the coming quarters and years. In alignment with its forecasts, Jupiter plans to change the Company’s name to Safety Shot and change its stock ticker and CUSIP. The world’s first rapid blood alcohol detoxification product, Safety Shot is created by a doctor, patented, and validated by initial research. Safety Shot lowers blood alcohol content by up to 50% in just 30 minutes.