Farewell to Kombucha Town
Kombucha Town, a brand that aimed to compete with Coca-Cola and Pepsi, has declared bankruptcy after suffering millions in losses.
The company attempted to enter a market dominated by large corporations for decades, with a unique product: kombucha, an ancient, fermented drink.
It wasn’t an artificially carbonated drink with aspartame. It didn’t sell sugary soft drinks or energy drinks.
Despite its efforts, Kombucha Town's adventure has come to an end, with the company filing for bankruptcy under Chapter 11 of the Bankruptcy Code, citing a debt of $2.6 million.
The failure of Kombucha Town serves as a reminder of the challenges of competing with established giants in the beverage industry.
Autor's resume: Kombucha Town bankrupt.