Koios Beverage Corp. announced that its cannabis infused nootropic beverage is scheduled for release in November.
The new product will be a collaboration with the company's partner Keef Brands, a division of CanCore Concepts Inc. (CanCore), and Koios' wholly owned subsidiary Cannavated Beverage Corp. Cannavated was formed specifically to license the nootropic formulas to other companies working in the area of cannabis-infused beverages.
Keef Brands will manufacture, market and sell a line of beverages that are not only infused with THC, but also contain the nootropic supplements from the Koios line of brain enhancing functional beverages. The resulting product will combine cannabis infusion with nootropic supplements that enhance the consumer's mental acuity.
Keef Brands has the exclusive rights to the Cannavated nootropic formula for Colorado, with the option of expanding the licensing agreement throughout the US, provided it complies with all rules and regulations in the markets where cannabis has been made legal.
Gross profits from sales - after calculating the overall Cost of Goods Sold (COGS) - will be split evenly between Cannavated and Keef Brands.
The non-carbonated cannabis beverage will be high in cannabidiol - known as CBD - but will also contain THC, which is the psychoactive ingredient in the cannabis plant. This initial product will contain four parts CBD to one part THC, with 20mg of THC in a 12-ounce can.
Cannavated was formed as a separate company that licenses its proprietary nootropic formulations to companies that independently research and produce cannabis-infused beverages.
Keef Brands, through its network of licensed manufacturing partners, is among the world's largest producers and distributors of cannabis beverages, and is the leading producer in Colorado by volume, where both companies are located
Initial distribution of the new cannabis beverage will be limited to Colorado, but will expand to other jurisdictions in the US once the two companies can be assured production will meet demand.