Subsequent Green Wave Holdings, a vertically integrated California cannabis corporation, issued a press release Tuesday erroneously indicating that San Diego’s Thorn Brewing had been sold.
Speaking to Brewbound, Thorn Brewing co-founder Dennis O’Connor confirmed the brewery was not a portion of Subsequent Green Wave’s $27 million transaction, which incorporated the acquisition of far more than 45 CBD and THC merchandise.
“I do not know what went awry there, but it was news to me,” he stated.
“Through SD Cannabis, we have a prototype that we believe will perform,” he stated.
The connection with SD Cannabis created soon after Thorn Brewing released a four.20 % ABV session IPA named OG HighPA, which was brewed with cannabis-derived terpenes. That solution, which contained no THC or CBD, was released in 2016 and was created in collaboration with Jetty Extracts.
“I was pushing for it, attempting to scratch an itch for what we have been attempting to do with our beer,” he stated.
Subsequent Green Wave acquired the intellectual home for these merchandise, O’Connor stated, noting that he anticipates getting royalties on future sales.
O’Connor also confirmed that SD Cannabis did not personal any portion of Thorn Brewing, nor did Thorn Brewing personal any of the “Brew Bomb” merchandise that have been created.
Related to the Nuun electrolyte-enhanced hydration tablets that endurance athletes add to water and use as a recovery help, O’Connor stated the Brew Bomb merchandise are intended to be dropped into all forms of beverages, like alcoholic offerings.
“You’d obtain it at a regional dispensary, and mix it with your beer or your whiskey,” he stated, noting that the corporation plans to launch the merchandise subsequent month, on April 20 (four/20).
When asked about a industrial application, O’Connor stated he believes organizations could potentially use the effervescent technologies on a bigger scale to infuse CBD and THC into other beverages.
He also envisions mixologists experimenting with the THC and CBD mists.