Drinks & Beverages
Zenabis Enters into a Partnership to Supply Cannabis-Infused Beverages and Products to the Market
Zenabis Global Inc. has announced a partnership with a Canadian beverage technology company (Beverage Partner) that specializes in odorless, flavorless, and colorless cannabis-infused beverage inputs (Beverage Inputs). This will enable Zenabis to produce cannabis-infused beverages with less than five minutes onset time.
The company will provide cannabis for the Beverage Partner who will produce the Beverage Inputs for Zenabis. Zenabis may allow the Beverage Partner to produced finished beverages for them at their own cost at Zenabis Stellarton. Zenabis intends to use these inputs in making kombucha products along with Hillsboro Corp Inc. (51% owned by Zenabis).
Andrew Grieve, CEO of Zenabis said that the plan puts them in a great position to utilize much of the $529 million Canadian cannabis market.
About Zenabis
Zenabis is a substantial Canadian cultivator of recreational and medical cannabis and floral and vegetable products. The company has many facilities in various places including Atholville, New Brunswick, among others. Zenabis has humongous state-of-the-art greenhouses for cannabis production only.
If totally converted, the company could end up having 635,000 square feet of indoor as well as 2.1 million square feet of greenhouse production space producing about 490,800 kg of dried cannabis annually; 143,200 kg before complete conversion.
The company uses the name Zenabis in the medical market while Namaste and Blazery are for the recreational market. True Buch is their brand name for kombucha products.