Koios to Complete Development of CBD-Enhanced Functional Beverage Line: Test Batch Production to Begin on Friday, July 19, 2019
Following the Company's September 4, 2018 announcement of plans to release a functional beverage infused with CBD, Koios has resumed development with test batch production set to begin tomorrow. The CBD cannabinoid will be added to Koios' "Fit SodaTM" line of functional beverages, as a method of enhancing the beverage's effects. The Company temporarily suspended its development of a CBD-enhanced functional beverage in Q4 of 2018, citing a management decision to focus on existing product lines and retailer relationships, as well as an uncertain landscape with respect to CBD's legality and its public perception. Koios will continue its working relationship with Colorado-based Keef Brands, who will supply crystalized water-soluble CBD for the proposed beverage.
VANCOUVER, July 18, 2019 - Koios Beverage Corp. (CSE: KBEV; OTC: KBEVF) (the "Company" or "Koios") is pleased to announce that it has made several key developments with respect to its proposed line of functional beverages containing broad-spectrum hemp extract cannabidiol ("CBD"). In a press release dated September 4, 2018, the Company announced its plans to release a functional beverage, which would be infused with CBD to enhance the beverage's effects.
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