Xanthic Biopharma’s strategic partner Xanthic Beverages has produced the first batch of its Xanthic CBD Water at a bottling facility contracted by PepsiCo.

The cannabidiol (CBD) infused water will be shipped to more than 500 retail locations in Central and Eastern Washington and Northeastern Oregon, US.

Xanthic Beverages co-founder and CEO Ryan Maxson said: “Since the beginning of our co-branding partnership with Xanthic, the Xanthic Beverages team has worked extremely hard to execute this production milestone.

“Our next steps include pushing the product to market and continuing to execute our strategic vision. We look forward to seeing how consumers receive our unique flagship product!”

“Production and shipment of Xanthic CBD Watermark the first step of Xanthic Biopharma expanding our brand.”

Xanthic CBD Water is expected to be on store shelves in time for the 4 July holiday in the US.

Xanthic CEO Tim Moore said: “Our Xanthic Biopharma team is extremely pleased with the achievement of this milestone. We commend the Xanthic Beverages team for successfully executing our co-branding initiative.

“Production and shipment of Xanthic CBD Watermark the first step of Xanthic Biopharma expanding our brand and being the first to market with this proprietary cannabinoid powderisation technology.

“The Xanthic Biopharma team looks forward to continuing to forge strategic relationships with producers and distributors in the US, Canada and international markets.”

Through Xanthic Beverages, Xanthic has gained access to non-cannabis derived CBD-infused products that qualify for distribution outside of the cannabis dispensary network and into mainstream retail.