Loading…
Accelerates Entry Into the Rapidly Expanding Hemp-Based THC Beverage Category
Splash Beverage Group, Inc. (NYSE: SBEV) announced a joint venture with BAAD Ventures to enter the rapidly expanding hemp-based THC beverage category. The company will hold a 40% stake in the venture.
The joint venture aims to leverage Splash Beverage Group's distribution network and BAAD Ventures' expertise in the hemp-based THC market. The collaboration is expected to introduce innovative products to the market.
Splash Beverage Group has a free float of 2,205,400 shares and 2,550,700 shares outstanding.
This summary was generated by AI from public sources and may contain errors. Not financial advice. Trade at your own risk.