Investment firm First Bev has announced the launch of MAD TASTY hemp-infused sparkling water, containing no sugar or sweeteners.

Founded by musician and songwriter Ryan Tedder, MAD TASTY contains 20mg pure broad-spectrum hemp extract.

Tedder said: “Water is boring and I realised I was constantly dehydrated and not drinking enough of it. Americans have an epidemic of dehydration and too much coffee and stress. I wanted to tackle all of it for ME with one beverage and without SUGAR.

“Having battled anxiety and panic attacks myself in 2017, I started using hemp extract and wanted a way to take it every day without the bitter or over-sweetened taste of existing beverages on the market.”

The functional beverage has been produced using SöRSE technology and created by expert formulators.

Initially, the company will distribute the sparkling water range in Grapefruit and Watermelon Kiwi flavours.

By the first half of next year, the company intends to expand its portfolio with the addition of the third flavour.

First Bev founder and CEO Bill Anderson said: “We have been eager to invest in this space but we’re determined to wait for the right opportunity. We believe MAD TASTY is positioned for explosive growth and are very excited to partner with them.”

MAD TASTY is currently available in US states including Southern California, Texas, Colorado and other hemp friendly states. It is also available for purchase through the company’s website.

First Bev, which forms partnerships with its portfolio of companies, invests in new and transformational beverage brands.