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Avitas CBD Water

Portland, Oregon, United States
Ownership
Private
Development stage
Other
01

Overview

Avitas CBD Water, LLC was a Portland, Oregon-based company that developed and marketed CBD-infused bottled water for the mainstream retail market. The company's flagship product, Avitas CBD Water, was notable for utilizing CBD that was not derived from hemp or marijuana, enabling distribution through traditional grocery and convenience store channels. In March 2018, the company formed a strategic partnership with Xanthic Biopharma Inc., which acquired a 45% ownership stake in the business. Following this investment, Avitas CBD Water was rebranded as Xanthic Beverages, and its primary product was renamed Xanthic CBD Water. The rebranded products integrated Xanthic's proprietary water-solubility technology, which was designed to improve the bioavailability and onset time of cannabinoids. The company's distribution network included over 500 retail locations across Eastern Washington and Northeast Oregon, supported by a PepsiCo-contracted bottling partner.

Therapeutic areas
PsychiatryNeurologyOther
Modalities
Small molecule
Industry
Food & Nutrition
02

Partnerships

Xanthic BiopharmaPepsiCo

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