Cannabis business Caliva acquires beverage maker Zola

Cannabis business Caliva acquires beverage maker Zola

Plant-based drink business Zola was obtained by California-based cannabis business Caliva. The purchase will assist Caliva broaden its vertically incorporated cannabis company to the drink market through usage of Zola’s established distribution that is retail, also its research and development infrastructure.

Caliva creates cannabis buds, oil items, and vape.

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Zola, which will be headquartered in bay area, Ca, promotes natural hydration through beverages made of plant-based components. Its items consist of sugarless and sparkling that is organic water, coconut water, and natural hydrating power drink all in various good fresh fresh fruit tastes.

Chris Cuvelier, Zola founder and CEO, will continue to lead the brand name. He will also make the role of Caliva’s mind of beverage. Talking with BevNET, Cuvelier said which he will build up THC-infused drinks that is going to be offered in dispensaries in Ca beneath the Caliva trademark. He stated which they currently don’t have plans to produce drinks that are THC-infused the Zola brand name. (more…)