Deep Desert Beverage raises $1.65m in funding

THC-infused drinks company, Deep Desert Beverage, has announced the completion of a $1.65 million Series B funding round.

The Nevada City-based brand, which previously raised $1.06 million, has created a non-alcoholic, cannabis-infused beverage with ‘zero calories and no cannabis taste or odour’.

Deep Desert says that it is set to launch its range in California during the first quarter of next year.

“Our earlier funding enabled us to perfect our beverage formulations, obtain all required licenses and attract the talent that we need to bring our innovative products to market,” said Alan Pleskow, founder and CEO of Deep Desert.

“The proceeds from this round will finance the buildout of our facility in Nevada City and position Deep Desert for a successful product launch during the first quarter of 2021.”