Truss CBD USA, A HEXO Corp & Molson Coors Joint Venture, Launches Veryvell Sparkling CBD Water In Colorado

CANADA:  Truss CBD USA, a joint venture between HEXO Corp and Molson Coors Beverage Company, today announced the U.S. launch of VeryvellTM, a new line of non-alcoholic, sparkling CBD beverages, exclusively available in Colorado.

VeryvellTM is a hemp-derived, adaptogenic, sparkling CBD water now available to Colorado-based consumers in three flavours: Focus (Grapefruit Tarragon), Mind & Body (Strawberry Hibiscus) and Unwind (Blueberry Lavender). VeryvellTM is Powered by HEXOTM, the recognized quality and innovation behind award-winning products.

“We are excited to launch VeryvellTM in Colorado through Truss CBD USA, in collaboration with our partner, Molson Coors. Our joint venture with Molson Coors Canada saw Truss Beverage Brands become the number one choice for consumers in Canada and we are expecting similarly great results in the US.” said HEXO CEO and co-founder Sebastien St-Louis. “We have near-term plans to invest additional capital in the USA to support Truss CBD USA and to further execute on our Powered by HEXOTM strategy with other potential CPG partners, outside of beverages, with whom we are currently in ongoing negotiations.”

VeryvellTM is produced and distributed within Colorado state lines following the state’s established regulatory framework for hemp-derived CBD in food and beverages and is exclusively distributed by Coors Distributing Company. Truss CBD USA is distinct from Truss Beverages, Molson Coors and HEXO’s joint venture in Canada that focuses on non-alcoholic, cannabis-infused beverages.

Daytrip Expands CBD Sparkling Water Line To New York And New Jersey Markets

Daytrip to introduce THC sparkling water line by end of year

NEW YORK:  Daytrip, the leading cannabis lifestyle brand announced today its expansion into the New York and New Jersey area. After an initial launch in June 2019 across California, Washington, Oregon and Michigan, Daytrip is staking its claim in the metropolitan area as the premier CBD beverage.

Daytrip’s product line will now be available in several retailers across the metropolitan area including Fairway Market, Food Emporium, ShopRite, Westside Market and many others, available in four natural fruit flavors: Cherry, Coconut Pineapple, Lemon Lime and Tangerine.

“The initial reaction to our launch in June has been overwhelmingly positive, and we’re pleased to deliver on our customer’s desires and formally introduce Daytrip to New York and New Jersey, where the demand for natural, premium quality CBD is strong” said Shawn Biega, CEO Daytrip. “Our sparkling water line is only the beginning. In short order, we plan to introduce a series of food & beverage consumables to the CBD market and establish ourselves as a true leader in the space.”

“As the CBD market continues to evolve at a rapid pace, now is the ideal time to introduce Daytrip to an incredibly important market for our future success,” said Joey Cannata, President Daytrip. “What people love about our product is that there’s no sugar, no sweeteners — just a natural flavor that fits in with the spontaneous adventurous lifestyle we see in New York City and New Jersey.”

By the end of the year, Daytrip plans to introduce a THC infused sparkling water line in California, as well as other food & beverage products driven by Daytrip’s proprietary Foliole Nexus Technology that enhances the bioavailability to the CBD ingredient aiding with absorption for a more instant effect.

Each Daytrip beverage contains five calories and includes 10 mg of CBD per can, retailing at $4.99 in the general market and $59.00/12 pk on the first order, available at wearedaytrip.com.

The product is currently available online at www.wearedaytrip.com, as well as distributors across New York, New Jersey, California, Oregon, Michigan and Washington. For more information please visit www.wearedaytrip.com and follow us on Instagram @wearedaytrip.

 

Isodiol To Acquire Azure Water Bottling Facility In Florida

CANADA: Isodiol International , a global Bioactive CBD innovator specializing in the development of pharmaceutical and wellness products, is proud to announce that its wholly owned subsidiary, IsoBev Inc., has reached a definitive agreement to acquire 100% of Azure Bottling, a premier water bottling facility located in Leesburg, Florida.

Azure is a state of the art facility and was named as one of the top 50 Florida companies to watch for economic impact by GrowFL last year. Azure also won the 2017 gold medal for Best Tasting Water at the Berkeley Springs International competition under its affiliated brand AlphaPure.

Azure has in place the manufacturing and distribution agreements to supply water to Sysco, McArthur Dairy / Dean Foods, and Dollar General Stores throughout the United States.  In total, Azure full capacity runs approximately 5.3 million bottles per month and expects this to increase to approximately 8.58 million bottles after space and efficiency improvements over the next several months.

IsoBev focuses on the Company’s exceptional growing beverage brand portfolio and will capitalize on these enterprise level companies for additional support and distribution of all beverage brands created in-house. This alignment now brings into the organization of the company’s beverage business operations with its core growth strategies for meaningful scale, and clearly defined portfolio role that targets growth with enterprise marketplace opportunities.

“The acquisition of the Azure water bottling facility is an important milestone for Isodiol,” said Marcos Agramont CEO of Isodiol.  “This facility unlocks the value of our beverage portfolio such as our CBD and hemp waters and the growth potential of some of our core business competencies. It is the next logical step in our ongoing effort to accelerate our growth trajectory and maximize value for our shareholders,” said Agramont.

IsoBev, Inc. is acquiring 100% interest in Azure in a combination of cash and stock. $1,000,000 cash will be paid upfront, as well as $300,000 in six months.  Azure will also receive $1,000,000 in 36 month escrowed stock based on the closing price March 26, 2018.

 

Xanthic Biopharma Inks Strategic Partnership With Avitas CBD Water

CANADA: Xanthic Biopharma (formerly Aurquest Resources Inc.) has announced a licensing and strategic partnership agreement with Avitas CBD Water.

Avitas, based in Portland, Oregon, will be producing and distributing CBD-infused water, co-branded with “Powered by Xanthic Solubles.”  Under the terms of the Agreement, Xanthic is making a strategic investment in Avitas, acquiring a 45% ownership position in exchange for a cash payment of USD$600,000 and the issuance of up to 600,000 common shares of Xanthic, with an aggregate value of USD$300,000 at USD$0.50 per common share, subject to certain performance milestones over the next 12 months.

Avitas is currently seeking distribution, and is planning to be in production by April 2018.

Ryan Maxson, Co-Founder and CEO of Avitas comments, “We are proud to be one of the first companies to license the Xanthic brand and look forward to entering the West Coast market.  Our team has over two decades of combined experience in both the food and cannabinoid industries.  With our vision and Xanthic’s support, we expect to make waves in the infused water category.”

Tim Moore, the CEO of Xanthic, states, “This strategic partnership is Xanthic’s first step in proving that our proprietary technology is a viable licensing investment for producers and distributors across North America. We’re thrilled to be able to not only license our brand to Avitas, but to also work as a strategic partner to assist Avitas with their penetration of the infused water market. Moving forward, our corporate vision is to continue to provide the “Powered by Xanthic” technology to producers and distributors across various product categories and in multiple jurisdictions.”