Company name: Avitas CBD Water
Description: Producer and distributor of cannabidiol (CBD) infused water. The company’s products include water containing cannabinoid, enabling the customers to cure ailments.
Industry: Consumer Products and Services (B2C) | Group: Consumer Non-Durables | Code:
Country: United States
Start up capital raised (USD Million): 0.90
Business status: Generating Revenue
Ownership: Privately Held (backing)
Revenue (USD Million):
Gross profit (USD Million):
Net income (USD Million)
Earnings before interest, tax, depreciation and amortization (EBITDA):
Financing Status: Xanthic Biopharma acquired a 45% stake in the company for $900,000 on March 22, 2018. The company will receive a contingent payout of $300,000 upon the completion of certain performance milestones over the next 12 months. This strategic partnership is Xanthic’s first step in proving that its proprietary technology is a viable licensing investment for producers and distributors across North America.
Number of active investors:
Profile last updated: 14-Sep-2018
Last known valuation: 2.00
Last known valuation date: 22-Mar-2018