Splash Beverage LOI to Merge with Medterra CBD

Splash Beverage Group has executed a non-binding letter of intent for a proposed acquisition and merger with Medterra CBD, LLC. Medterra is described as a federally compliant cannabinoid wellness manufacturer and multi-brand operator with products sold to over 2 million customers across the US and internationally.

The proposed combination is positioned as Splash’s re-alignment into a public cannabinoid wellness platform built around a house-of-brands strategy. Medterra generated over $52 million in revenue in fiscal 2025 and was profitable.

Splash and Medterra also plan to participate in a CBD pilot initiative under evaluation by CMS, which management frames as a potential long-term growth opportunity.