AMASS Brands Group (NASDAQ:AMSS), a beverage platform, announced Wednesday that it entered into a Simple Agreement for Future Equity (SAFE) investment in Afterdream.
Afterdream is a hemp-derived THC beverage brand
The investment secures AMASS the right to receive at least a 15.67% fully diluted ownership stake. SAFE Investment The deal positions AMASS as a core investor in Afterdream, a non-alcoholic hemp-derived THC beverage brand. Afterdream makes beverages with organic lion’s mane mushrooms and L-Theanine.
The products are marketed to support calm, clarity and creative flow without a hangover. Read Also:AMASS Unveils Zero-Sugar Electrolyte Mixers Wellness Line As Global Expansion Scales Distribution And DTC Traction Afterdream is currently distributed in seven states: Florida, Georgia, Kansas, Missouri, North Carolina, New Jersey, and Texas. It is available across more than 100 on- and off-premise accounts nationally.