Nitches (OTC:NICH) Stock in Downtrend: Here is Why

If you are currently looking into the spirits sector, then it may be a prudent idea to perhaps keep an eye on Nitches (OTC:NICH), a pioneering force in the massive spirits industry. On Wednesday, the company entered the news cycle after it announced that it had entered into a strategic partnership with Alamo Distillery to bring Tover Spirits to the market. In the news release, it was noted that it was a major new milestone for both companies.

It would help the two entities, by complementing their existing expertise, come up with more top-of-the line ready-to-serve cocktails for the distinguished consumer. Nitches has developed a reputation for being highly committed to innovation and quality. Through the collaboration, the company wanted to build a strong future in partnership with Alamo and its famed craftsmanship. The partnership was also a demonstration of the dedication of Nitches to deliver high-quality spirits to its consumers, who seek convenience without having to compromise on taste.

It was noted that Tover Spirits was intended to bring about a paradigm shift in the spirits industry as a whole. It would change the face of the cocktail experience for consumers by providing unmatched quality and flavor in each serving. In the next 45 days, the pre-sales of Tover would begin, which would mark the beginning of the journey for bringing the high-grade product to the market.

The Chief Executive Officer of Alamo Distillery, Noel Burns, spoke about the collaboration with Nitches. He stated that Alamo Distillery was pleased at the fact that it was associated with the launch of Tover, a premium ready-to-drink cocktail directed at niche consumers. He went on to say that it was a highly exciting market that needed a high-quality product.