Ceres Natural Remedies, a Vermont-based CBD retailer with multiple outlets, has announced the acquisition of the Tretap beverage company.
Tretap is run by a seventh generation family of maple growers, and produces 100% organic sparkling water beverages from sustainably harvested maple tree water. The company has an expanding distribution network throughout the Eastern and Midwest United States and is available in select markets including grocery, convenience and independent store retails.
The move will align the wellness based missions of both brands and create a new line of high quality hemp derived CBD infused beverages in the fuest quarter of 2019.
Ceres Natural Remedies sells Vermont’s widest range of hemp derived CBD products at its flagship store in downtown Burlington. It also operates additional locations in Middlebury, Vermont and New England’s first ever CBD drive through location in Brattleboro.
The popularity for CBD and sparkling water products is continuing to increase, and organic is now the fastest growing product category in the US food and beverage industry. Recent consumer survey data indicates demand for tree water beverages will double by 2020, and triple for maple water products.
“As Ceres searched for a partner to expand into the beverage industry, it didn’t take long to realize how similarly focused both Ceres and Tretap are. The more we talked, the clearer it became that by coming together we could make a true impact to consumers and meet the demands of two rapidly growing markets in CBD and sparkling water,” said Shayne Lynn, executive director of Ceres Natural Remedies.
“This partnership will not only allow us to continue to provide the same great tasting sparkling maple waters our fans have come to love, but also develop new products that have additional benefits,” said Aaron Harris, Tretap president and founder.