AMASS Brands Group has entered into a Simple Agreement for Future Equity investment in Afterdream, a hemp-derived THC beverage brand, securing rights to at least a 15.67% fully diluted ownership stake. Afterdream produces non-alcoholic beverages with organic lion's mane mushrooms and L-Theanine, currently distributed across seven US states and over 100 accounts nationally. The brand has shown strong direct-to-consumer performance, with returning customer rates reaching 42% year-to-date and gross sales rising 43% over 90 days. The SAFE investment does not immediately issue shares and will convert into equity after a future qualifying financing event. AMASS CEO Mark Thomas Lynn said the investment positions the company at the forefront of the growing hemp-derived THC beverage category.

AMASS Brands has invested $1.43 million in AfterDream via a Simple Agreement for Future Equity with a $7.5 million post-money valuation cap. The company subsequently executed a First Amendment confirming the valuation cap and conversion terms remain unchanged. The SAFE will convert into preferred stock upon an equity financing, liquidity event or dissolution. Conversion occurs at the lower of the valuation cap price or the price paid by new investors in future financing rounds. SAFE holders receive liquidation preference over common stock but rank equally with other preferred stockholders. The investment introduces potential dilution for existing shareholders and establishes a valuation benchmark for future fundraising. The SAFE does not confer voting rights until conversion, and the investor must be accredited under Regulation D.

AMASS Brands Group announced that Good Twin has become the top organic non-alcoholic wine brand in the US by dollar share, according to Nielsen. The brand now holds 35.43% of the organic non-alcoholic wine category, gaining 12.93 share points year-over-year. Good Twin's dollar sales increased 122% year-over-year, whilst volume grew 115%, significantly outperforming the organic non-alcoholic wine category's 41.1% growth. The brand ranks among the top 10 non-alcoholic wine brands by sales volume in the US. AMASS Brands Group, which trades on Nasdaq under the ticker AMSS, operates a multi-category beverage platform spanning non-alcohol, functional and alcohol 2.0 products. The company's portfolio also includes Summer Water Rosé, the number-one selling premium domestic rosé in the US.