10:10 AM EDT, 08/23/2024 (MT Newswires) -- American Rebel ( AREB ) said Friday it started initial production of 12oz and "Tall Boy" cans of its American Rebel Light Beer.

The company said initial production of the beer is expected to be available to its distributors' clients "right after Labor Day."

"Production of our non-craft light beer is a crucial step in the evolution of the American Rebel brand, and I'm happy to announce that we are on schedule," said American Rebel ( AREB ) Chief Executive Andy Ross.

The company's shares were falling 12.3% in recent trading.

Price: 0.50, Change: -0.07, Percent Change: -12.28