Koios Beverage inks $28 mln facility with Alumina Partners

Koios Beverage Corp, a Vancouver-based developer of beverage products, including cannabis-infused beverages, has secured a draw-down equity facility of up to $28 million. The investor is Alumina Partners, a U.S. private equity firm. Under the deal’s terms, Koios will be able to draw down capital as needed to support its North American growth strategy. Alumina Managing Member Adi Nahmani said cannabinoid beverages reflect the "most rapidly expanding and evolving markets" in the regulated cannabis space.

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