Cannabis business Caliva acquires beverage maker Zola
Cannabis business Caliva acquires beverage maker Zola
Plant-based drink business Zola ended up being obtained by California-based cannabis business Caliva. The purchase shall help Caliva broaden its vertically incorporated cannabis company to the drink market through use of Zola’s established retail circulation system, in addition to its research and development infrastructure.
Caliva creates cannabis buds, oil items, and vape.
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Zola, that will be headquartered in San Francisco, Ca, promotes natural moisture through beverages made of plant-based components. Its items consist of sugarless and natural gleaming power water, coconut water, and organic hydrating power drink all in numerous fresh fruit tastes.
Chris Cuvelier, Zola creator and CEO, continues to lead the brand name. He will even use the role of Caliva’s mind of beverage. Talking with BevNET, Cuvelier said he will build up drinks that are THC-infused will undoubtedly be offered in dispensaries in Ca beneath the Caliva trademark. He stated which they currently don’t have plans to produce THC-infused beverages under the Zola brand name. Read more