Caliva acquires plant-beverage beverage brand Zola in US

US-based cannabis firm Caliva has acquired plant-based beverage brand Zola.

Offering a portfolio of plant-based beverages, Zola’s cannabidiol (CBD) infused products are available in more than 7,000 retail locations across the US.

Zola CEO Chris Cuvelier was quoted by Foodbev.com as saying: “We believe hemp-based CBD is the ultimate plant-based ingredient and that beverages offer a unique way to deliver the many health and wellness benefits of CBD.

“I am excited to leverage Caliva’s expertise, consumer insights and technology to create a portfolio of delicious and functional hemp-based CBD beverages.”

Upon completion of the deal, Cuvelier will oversee and execute beverage initiatives at Caliva.

Caliva CEO Dennis O’Malley was quoted by Foodbev.com as saying: “Consumers are looking for trusted CBD solutions in their beverages. We couldn’t be more excited to team up with Zola and Chris to bring Caliva CBD beverages to a supermarket near you.”

Caliva further explained that the deal positions it to capitalise on a nationwide release of infused beverages.

In addition, Caliva is exploring entering the infused beverage market in several categories, including sparkling water, functional shots and powders, teas, cold-brew coffees and sports drinks.

Last December the US Government passed the farm bill, making hemp legal on a federal level in the country.

US-based adult beverage maker Bom Bom Brands has introduced a new alcohol drink that features hemp milk as one of the main ingredients.