Company Overview

Company name: Drink Fresh Water
Description: Provider of cannabidiol (CBD) infused freshwater in California. The company offers hemp derived CBD infused, nano amplified and purified alkaline water which aids users mediate and deal with physical pains, anxiety and other mental disorders, possess immunosuppressive properties that help alleviate the symptoms of a variety of autoimmune disorders, keep hydrated, as well as support patients and athletes with faster recovery and performances.
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Industry: Consumer Products and Services (B2C) | Group: Consumer Non-Durables | Code:
City: Santa Ana
State: California
Country: United States
Region: Americas

Financial Highlights

Start up capital raised (USD Million):
Business status: Generating Revenue
Ownership: Privately Held (backing)
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Gross profit (USD Million):
Net income (USD Million)
Enterprise value:
Earnings before interest, tax, depreciation and amortization (EBITDA):
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Financing Status: The company reached a definitive agreement to be acquired by New Age Farm (CNQ: NF) for an undisclosed amount on September 20, 2018. The consideration amount consist of $75,000 payable in cash and USD$1,200,000 being issuable in common shares of the Company. The acquisition helps in expansion of industry.
Number of active investors:
Profile last updated: 28-Sep-2018
Last known valuation: 1.27
Last known valuation date: 20-Sep-2018