BevCanna acquires DeeperGreen
BevCanna Enterprises Inc announced today that it has exercised its option to acquire the right, title and interest to DeeperGreen, the proprietary water-soluble cannabinoid powder ingredient developed by partner Greener Frontiers.
“DeeperGreen technology expands BevCanna’s ability to produce a portfolio of cannabis-infused beverage formats,” said Emma Andrews, chief commercialization officer at BevCanna. “The addition of a water-soluble powder allows us to offer consumers more variety in methods of consumption, which can now pair with various consumption occasions. Powdered drink mixes complement our existing expertise in ready-to-drink products and allow us to expand the innovation pipeline for our house brands, and with white label partners through contract manufacturing.”
DeeperGreen converts extracted cannabis into a fast-acting, tasteless, odourless, water-soluble powdered ingredient, and has been proven to be a stable ingredient that when tested with cannabinoids, consistently delivers target concentrations within one batch and from batch-to-batch. Independent laboratory testing has also confirmed that DeeperGreen precisely infuses granular drink mixes and ready-to-drink water beverages.