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Close of 30 Oct 2026, in USD
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About Pacific Ventures Group
Its shares trade under the ticker PACV. It has been listed since 11 May 1994. In the fiscal year to 31 December 2023, it reported revenue of $31.6m and a net loss of $6.0m.
Pacific Ventures Group, Inc. operates as investment group which concentrates on consumer products in the food, beverage and alcohol related industries. The company is headquartered in Los Angeles, California. The firm is the trustor and beneficiary of Snobar Trust. Snobar Trust holds International Production Impex Corporation (IPIC). IPIC holds the rights of the liquor licenses to sell alcohol-infused ice cream and ice-pops products and trade names SnoBar. IPIC is a food and beverage, alcohol distribution company that is engaged in marketing products, such as SnoBar alcohol infused ice pops, and SnoBar alcohol infused ice cream and sorbet. The SnoBar ice pops are frozen alcohol beverage bars, similar to popsicles on a stick, but made with liquor, such as tequila and vodka. SnoBar ice pops are manufactured in approximately three flavors: Margarita, Cosmopolitan and Mojito. SnoBar ice creams are ice cream and sorbets that are distilled spirit cocktails containing approximately 20% liqueurs and liquors.
Figures and description from our data supplier, not checked against the company's own report.
Company facts
- Sector
- Consumer Staples
- Industry
- Food Products
- Listed since
- 11 May 1994
- Employees
- 5
- Website
- pacvgroup.com ↗
Leadership
Pay as last reported
- Mr. Marc ShenkmanChairman of the Board, since 2015
- Mrs. Shannon MasjediPresident, Chief Executive Officer, Director, since 2015
- Ira UntermanChief Financial Officer
Environmental, social and governance
Scores out of 100, from our data supplier
- Overall
- 0
- Environment
- 0
- Social
- 0
- Governance
- 0
SWOT analysis
AI-generated by our data supplier. Not written or checked by our editors.
Strengths
- Pacific Ventures Group Inc focuses on food, beverage, and alcohol industries with SnoBar products.
- Snobar Trust holds IPIC, which manages liquor licenses for SnoBar alcohol-infused ice cream and ice pops.
- SnoBar offers unique alcohol-infused ice pops in Margarita, Cosmopolitan, and Mojito flavors.
Weaknesses
- Pacific Ventures Group has only 5 full-time employees, limiting operational capacity.
- The company relies on Snobar Trust and IPIC for product rights and distribution.
- IPIC is a small food and beverage company with limited market reach.
Opportunities
- Expanding SnoBar product lines to include new alcohol-infused frozen treats.
- Entering new markets in the US for alcohol-infused ice cream and ice pops.
- Leveraging the growing trend in adult beverages for frozen desserts.
Threats
- Regulatory challenges in alcohol distribution and sales across US states.
- Competition from established beverage and food companies in the alcohol-infused market.
- Economic downturns affecting consumer spending on premium alcohol products.
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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