Splash Beverage Group Announces Strategic Investment in Avicanna Inc.
Splash Beverage Group, Inc. has announced a strategic investment of CDN$300,000 in Avicanna Inc., a cannabinoid-based biopharmaceutical company. This investment aligns with Splash Beverage Group's transformation into a platform focused on health, wellness, and healthcare within the cannabinoid sector. Avicanna Inc. is recognized for its sophisticated cannabinoid healthcare platform, proprietary formulations, clinical research, and pharmaceutical products, including Truneroxβ’ for epilepsy. The company also operates MyMedi.ca, a medical cannabis care platform in Canada, and possesses a vertically integrated international platform for pharmaceutical-grade cannabinoid manufacturing. Splash Beverage Group believes Avicanna is well-positioned due to its clinical evidence, physician participation, healthcare integration, and regulatory compliance, which may be crucial as the U.S. healthcare and regulatory environment evolves.