Cannabis beverage producer Cann announced today it has acquired Toronto-based CBD drink maker Sweet Reason, marking the company’s first acquisition as it seeks to build out a platform for alcohol alternatives. Terms of the deal were not disclosed.
CBD sparkling water maker Sweet Reason is expanding its platform as a relaxation-driven beverage brand with today’s launch of Evening Blend, a new line of adaptogen-infused beverages containing 30 mg of broad spectrum hemp CBD per bottle.
OWYN Names Mark Olivieri President; Sweet Reasons Brings On Industry Vets; American Beverage Association Announces New Board Members; New Age Names Julie Garlikov as CMO; Rob Paladino Joins Sol-ti as President; David Kroll Exits COCO5
CBD-infused beverage brand, Sweet Reason Beverage Co., has formally announced the appointments of beverage industry veterans JW Fischer as VP of Sales, and Hal Kravitz as Advisor.
Despite lingering concerns about regulations, the wave of beverage innovation surrounding CBD showed no signs of slowing down this month. In this gallery, we took a look at new hemp-infused products from established cannabis companies like Cannabiniers and Mirth Provisions, startups such as Mad Tasty and Feelz, and new innovations from brands such as Kickback and Sweet Reason.
Cannabis-infused sparkling water maker Sweet Reason has raised $2.5 million in a seed funding round led by venture capital firm Lerer Hippeau. The round also includes investments from River Park, Max Ventures and cannabis investment firm Subversive Capital.
Toronto and New York-based beverage brand, Sweet Reason Beverage Co., has officially launched U.S. e-commerce on their website, in addition to a recent debut at all Dean & DeLuca locations in New York City.
