Cannabis business Caliva acquires beverage manufacturer Zola
Plant-based drink business Zola ended up being acquired by California-based cannabis company Caliva. The acquisition shall assist Caliva broaden its vertically incorporated cannabis company in to the beverage market through usage of Zola’s established retail distribution community, in addition to its research and development infrastructure.
Caliva creates cannabis buds, oil services and products, and vape.
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Zola, which can be headquartered in san francisco bay area, Ca, promotes normal hydration through beverages made of plant-based components. Its services and products consist of sugarless and sparkling that is organic water, coconut water, and natural hydrating power drink all in various fresh fresh fruit tastes.
Chris Cuvelier, Zola creator and CEO, continues to lead the brand name. He will even use the part of Caliva’s mind of beverage. Talking with BevNET, Cuvelier said he will establish THC-infused products that would be offered in dispensaries in Ca underneath the Caliva trademark. […]