Cannabis beverage Nana's Secret Soda eyes growth with new licensing deal
The founder of cannabis-infused beverage Nana's Secret Soda has signed a licensing deal with cannabis product developer Canna Brands to help grow the brand.
Under the terms of the deal, signed today, Cecilia Sivertson will hand ownership of the Washington state-based Nana's brand to Canna Brands for an undisclosed fee. Canna Brands' COO, Alison Baird, will become the president of the new Nana's Secret Soda company and Sivertson its official spokesperson and a director.
“We look forward to growing the Nana's Secret Soda brand and to helping support Cecilia's work benefiting persons with epilepsy,” Canna Brands' CEO, Mark Schaftlein, said.
Siverston founded Nana's Secret in 2012 after she discovered it helped ease her epilepsy symptoms and arthritis pain.
Washington is one of two US states, alongside Colorado, to allow the sale of cannabis-infused beverages to the general public since deregulation at the start of this year.
To read an exclusive just-drinks comment on the rising trend of marijuana-based beverages, click here.
Sectors: Soft drinks
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