TAP.A Molson Coors Beverage Company

Truss CBD USA, a Molson Coors and HEXO Corp Joint Venture, Launches Veryvell™ Sparkling CBD Water in Colorado

Truss CBD USA, a joint venture majority owned by Molson Coors Beverage Company (“Molson Coors”) and operated in partnership with HEXO Corp (“HEXO”), today announces the U.S. launch of Veryvell, a new line of non-alcoholic, sparkling CBD beverages, exclusively available in Colorado.

This press release features multimedia. View the full release here:

Veryvell is a hemp-derived, adaptogenic, sparkling CBD water infused with a crisp taste, zero calories and zero sugar. Veryvell is now available to Colorado-based consumers both online and at select retailers in Colorado in three flavors: Focus (Grapefruit Tarragon), Mind & Body (Strawberry Hibiscus) and Unwind (Blueberry Lavender).

“Last year, we redefined ourselves as Molson Coors Beverage Company and in doing so, laid out a clear vision of leveraging the competitive strengths of our storied foundation in beer to grow in new spaces beyond the beer aisle,” said Pete Marino, president of the emerging growth division for Molson Coors. “Truss’ entry into the CBD market in Colorado and the launch of Veryvell, a brand we believe will resonate well with Colorado consumers, is another example of Molson Coors’ expansion into new beverage categories.”

Veryvell marks Truss CBD USA’s first entry in the American CBD market and is another example of Molson Coors’ moves to cultivate the company’s beverage offerings. The diversification of the Molson Coors portfolio includes an exclusive agreement with The Coca Cola Company to manufacture, market, and distribute Topo Chico Hard Seltzer in the U.S. as well as an expanding roster of non-alcoholic innovations. This includes an investment in ZENWTR, created by noted beverage entrepreneur Lance Collins, a distribution agreement with La Colombe for their RTD line of canned coffees, and a recently announced North American distribution partnership with ZOA, a new energy drink being launched by a multi-faceted team of fitness, health and beverage industry changemakers including Dwayne “The Rock” Johnson.

“Whether you’ve dabbled in CBD before or are curious to try something new, Veryvell invites a moment of self-care to your day through a refreshing and balanced mix of hemp extracts and natural flavors,” said Jane Armstrong Hockman, Truss CBD USA general manager. “Each beverage in the product line offers a unique blend of CBD and adaptogens, giving consumers the freedom to pick the combination that best meets them in the moment. We are thrilled to bring our beverage expertise and commitment to quality to this emerging wellness category.”

Crafted and exclusively available in Colorado, Veryvell comes in three distinct varieties, each infused with 20mg of hemp-derived, non-psychoactive CBD and adaptogens:

  • Focus, a combination of grapefruit and tarragon with ginseng and guarana
  • Mind & Body, a blend of strawberry and hibiscus with ashwagandha and elderberry
  • Unwind, a mix of blueberry and lavender with ashwagandha and L-Theanine

Veryvell is now available for purchase by Colorado-based consumers at and on shelves at select Colorado retail stores in a variety of SKUs including individual 12 oz cans, four-packs as well as online-exclusive eight-packs and 12-pack variety packs. Suggested retail price for a 12 oz can of Veryvell is $3.99 and $14.99 for a four-pack.

Veryvell is produced and distributed within Colorado state lines following the state’s established regulatory framework for hemp-derived CBD in food and beverages and is exclusively distributed by Coors Distributing Company. Truss CBD USA is distinct from Truss Beverages, Molson Coors and HEXO’s joint venture in Canada that focuses on non-alcoholic, cannabis-infused beverages.

For those Colorado-based consumers interested in learning more about Veryvell, please visit or @liveveryvell on Facebook and Instagram.

ABOUT TRUSS CBD USA

Truss CBD USA is a joint venture between Molson Coors Beverage Company and HEXO Corp designed to explore opportunities for non-alcoholic, hemp-derived CBD exclusively in the United States. With all production and distribution concentrated within states that permit such products, the Truss CBD USA portfolio focuses on hemp-driven, CBD beverages that span a range of flavor profiles and drinking occasions, starting with the launch of Veryvell sparkling CBD water. For those Colorado-based consumers interested in learning more, visit or @LiveVeryvell on Facebook and Instagram.

ABOUT MOLSON COORS BEVERAGE COMPANY

For over two centuries Molson Coors has been brewing beverages that unite people for all of life's moments. From Coors Light, Miller Lite, Molson Canadian, Carling, and Staropramen to Coors Banquet, Blue Moon Belgian White, Blue Moon LightSky, Vizzy, Leinenkugel's Summer Shandy, Creemore Springs and more, Molson Coors produces some of the most beloved and iconic beer brands ever made. While the company's history is rooted in beer, Molson Coors offers a modern portfolio that expands beyond the beer aisle as well.

The company's commitment to raising industry standards and leaving a positive imprint on our employees, consumers, communities and the environment is reflected in Our Imprint and our 2025 sustainability targets. To learn more about Molson Coors Beverage Company, visit molsoncoors.com, MolsonCoorsOurImprint.com or on Twitter through @MolsonCoors.

ABOUT HEXO CORP

HEXO Corp is an award-winning consumer packaged goods cannabis company that creates and distributes innovative products to serve the global cannabis market. Incorporated in 2013 under the name The Hydropothecary Corporation, the company was created to meet the needs of the Canadian medical cannabis market. With the advent of Canada’s legalized market in 2018, the company became HEXO Corp, serving both the adult-use (recreational) and Canadian medical markets through its house of brands. Today, HEXO legally operates out of three cutting edge facilities for genetics, cultivation and manufacturing. Under the company's Powered by HEXO TM business strategy, Hexo Corp partners with established CPG companies to provide cannabinoid isolation technology, licensed infrastructure and regulatory expertise. HEXO is dual listed on the Toronto Stock Exchange and New York Stock Exchange under ticker symbol “HEXO.”

EN
13/01/2021

Underlying

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on Molson Coors Beverage Company

MarketLine Department
  • MarketLine Department

Big Rock Brewery Inc - Company Profile and SWOT Analysis

Summary Big Rock Brewery Inc - Company Profile and SWOT Analysis, is a source of comprehensive company data and information. The report covers the company's structure, operation, SWOT analysis, product and service offerings and corporate actions, providing a 360˚ view of the company. Key Highlights Big Rock Brewery Inc (Big Rock) produces, markets, and distributes craft beers, ciders, and other alcoholic beverages. It also sells food and merchandise. The company markets its products under Gra...

 PRESS RELEASE

Molson Coors Beverage Company Reports 2024 Fourth Quarter and Full Yea...

GOLDEN, Colo. & MONTRÉAL--(BUSINESS WIRE)-- Molson Coors Beverage Company ("MCBC," "Molson Coors" or "the Company") (NYSE: TAP, TAP.A; TSX: TPX.A, TPX.B) today reported results for the 2024 fourth quarter and full year. This press release features multimedia. View the full release here: 2024 FOURTH QUARTER FINANCIAL HIGHLIGHTS1 Net sales decreased 2.0% reported and 1.9% in constant currency. U.S. GAAP income before income taxes increased 109.2% to $346.3 million. Underlying (Non-GAAP) income before income taxes decreased 0.9% in constant currency to $341.0 million. 2024 FULL YE...

 PRESS RELEASE

Molson Coors Beverage Company présente ses résultats pour le quatrième...

GOLDEN, Colorado, et MONTRÉAL, Québec--(BUSINESS WIRE)-- Molson Coors Beverage Company (« MCBC », « Molson Coors » ou la « Société ») (NYSE : TAP, TAP.A; TSX : TPX.A, TPX.B) a annoncé aujourd’hui ses résultats pour le quatrième trimestre et pour l’ensemble de l’exercice 2024. FAITS SAILLANTS FINANCIERS DU QUATRIÈME TRIMESTRE DE 20241 Chiffre d’affaires net en baisse de 2,0 pour cent sur la base des résultats déclarés, et de 1,9 pour cent en devises constantes. Bénéfice avant impôt selon les PCGR des États-Unis de 346,3 millions de dollars, soit une augmentation de 109,2 pour cent. ...

 PRESS RELEASE

Molson Coors Beverage Company to Webcast 2024 Fourth Quarter and Full ...

GOLDEN, Colo. & MONTREAL--(BUSINESS WIRE)-- Molson Coors Beverage Company (NYSE: TAP, TAP.A; TSX: TPX.B, TPX.A) will host a webcast of the company’s 2024 Fourth Quarter and Full Year Earnings Conference Call with investors and financial analysts at 8:30 a.m. Eastern Time on Thursday, February 13, 2025. The company will release earnings at approximately 6:30 a.m. Eastern Time on the same day. The webcast will be accessible via the Investor Relations page of the Molson Coors Beverage Company website, . An online replay of the earnings call webcast is expected to be posted within two hours foll...

 PRESS RELEASE

Molson Coors Beverage Company Announces Regular Quarterly Dividend

GOLDEN, Colo. & MONTREAL--(BUSINESS WIRE)-- The Board of Directors of Molson Coors Beverage Company (NYSE: TAP, TAP.A) today declared a regular quarterly dividend on its Class A and Class B common stock of US$0.44 per share, payable December 20, 2024, to stockholders of record on December 6, 2024. The quarterly dividend is payable to holders of Class A and Class B common stock of Molson Coors Beverage Company. In addition, the Board of Directors of Molson Coors Canada Inc. (TSX: TPX.B, TPX.A) today declared a quarterly dividend of approximately CDN$0.61 (the Canadian dollar equivalent of the...

ResearchPool Subscriptions

Get the most out of your insights

Get in touch