ST. LOUIS, Feb. 27, 2025 – MNG Brands, the company behind CBD Kratom and a subsidiary of MNG 2005 Inc., has announced its acquisition of WellBeing Brewing Company, a leading name in the non-alcoholic beer industry. This move strengthens MNG Brands’ presence in the alternative wellness and functional beverage market while expanding its wholesale distribution network.
WellBeing Brewing Company, known for its high-quality, award-winning non-alcoholic beers, will continue to operate under its existing brand identity. However, it will now benefit from MNG’s operational expertise and resources, allowing it to reach more consumers through enhanced wholesale opportunities. The acquisition aligns with MNG Brands’ strategy to position itself within the booming $11 billion non-alcoholic beverage industry.
As part of this expansion, WellBeing—now under MNG Brands—will introduce a new range of infused beverages, including THC-infused options. By leveraging MNG’s expertise in alternative wellness products, WellBeing aims to broaden its portfolio with functional beverages designed for relaxation and overall well-being. With the rising demand for alcohol-free and wellness-focused drinks, this move allows MNG Brands to further solidify its footprint in a rapidly growing market.
Driving Innovation in the Wellness Beverage Industry
“MNG Brands is at the forefront of the wellness industry, offering consumers innovative and high-quality beverage alternatives,” said Dafna Revah, Vice President of MNG 2005 Inc. “By integrating our wholesale networks and expertise, we’re making wellness solutions more accessible and meeting the evolving preferences of today’s consumers.”
Jeff Stevens, founder of WellBeing Brewing Company, echoed this sentiment: “WellBeing has always been about delivering quality, great taste, and wellness. Partnering with MNG Brands gives us the resources to scale operations, fulfill more orders, and introduce exciting new products to the market.”
The financial advisory for this acquisition was provided by the Hawkeye Capital Markets team of Beech Hill Securities, Inc.
About MNG 2005 Inc. and MNG Brands
MNG 2005 Inc. is the parent company of MNG Brands, a leading force in wellness-focused retail and product innovation. Its flagship brand, CBD Kratom, is the largest privately owned CBD and Kratom retailer in the U.S., operating over 50 locations in cities like Chicago, Dallas, Houston, New York, Philadelphia, and St. Louis. The company is also the official CBD and Kratom partner of the United Football League (UFL), reinforcing its leadership in the industry.
MNG Brands collaborates with wholesale distributors and retailers to bring high-quality wellness products to market. More information is available at mngbrands.com.
About WellBeing Brewing Company
WellBeing Brewing Company is a trailblazer in the non-alcoholic beer industry, dedicated to providing premium beverages that support a balanced and health-conscious lifestyle. By crafting flavorful non-alcoholic beers, the company offers consumers an enjoyable alternative to traditional alcoholic beverages without sacrificing taste. WellBeing continues to expand its reach, making high-quality alcohol-free options more accessible to a growing audience.