Caliva

Caliva, a California, US-based cannabis company, has bought soft drinks firm Zola in a bid to expand into CBD-infused beverages, according to FoodBev and BevNet reports. Zola, which focuses on “plant-based hydration”, markets a range of soft drinks including coconut water, acai juice, and natural energy drinks. Caliva said the deal would allow it to broaden its cannabis business into the beverage space through access to Zola’s research and development …