Splash Beverage Plans Pivot to CBD with Proposed Merger with Medterra CBD
ByAinvest
Friday, Mar 6, 2026 8:41 am ET1min read
SBEV--
Splash Beverage Group plans to pivot to CBD after executing a non-binding letter of intent to merge with Medterra CBD, a cannabinoid wellness company. The proposed deal is expected to be a "transformative step" in building a growth-oriented platform focused on cannabinoid wellness and regulated consumer health. Splash generated $52m in revenue in fiscal 2025 and serves over two million customers in the US and international markets.
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