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Splash Beverage (NYSE: SBEV) makes CDN$300,000 strategic Avicanna investment

Filing Impact
(High)
Filing Sentiment
(Neutral)
Form Type
8-K

Rhea-AI Filing Summary

Splash Beverage Group, Inc. filed a current report describing a strategic move into cannabinoid healthcare. The company completed a CDN$300,000 strategic investment in Avicanna Inc. through a non-brokered private placement, acquiring 2,000,000 common shares and 1,000,000 warrants. This capital allocation supports Splash’s transformation toward a cannabinoid-focused health, wellness, and biopharmaceutical platform.

The release highlights Avicanna as a commercial-stage cannabinoid-based biopharmaceutical company with proprietary formulations, clinical-stage assets, the Trunerox™ epilepsy treatment, the MyMedi.ca medical cannabis care platform, Colombian pharmaceutical-grade manufacturing, and a debt-free balance sheet. Splash’s management views the investment as aligning with a future for cannabinoid medicine centered on clinical evidence, healthcare integration, and regulatory compliance.

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Insights

Splash makes a small but strategic CDN$300,000 bet on Avicanna.

Splash Beverage Group is using a modest CDN$300,000 to buy equity and warrants in Avicanna, reinforcing its shift toward cannabinoid health and biopharmaceuticals. The transaction adds exposure to a commercial-stage cannabinoid platform without large capital outlay.

The investment brings indirect access to Avicanna’s assets, including the Trunerox™ epilepsy treatment, MyMedi.ca medical cannabis care platform, and Colombian manufacturing operations. Avicanna is described as debt-free, which can be favorable in capital-intensive healthcare segments, though this is Avicanna’s profile, not Splash’s balance sheet.

From an investor perspective, the financial magnitude is small, but it signals continued execution of Splash’s stated transformation strategy. Future filings describing additional investments, acquisitions, or operating integration steps will be important to understand how this platform vision develops beyond this initial CDN$300,000 position.

Item 7.01 Regulation FD Disclosure Disclosure
Material non-public information disclosed under Regulation Fair Disclosure, often investor presentations or guidance.
Item 9.01 Financial Statements and Exhibits Exhibits
Financial statements, pro forma financial information, and exhibit attachments filed with this report.
Investment amount CDN$300,000 Strategic investment in Avicanna Inc.
Avicanna common shares acquired 2,000,000 shares Non-brokered private placement on June 9, 2026
Avicanna warrants acquired 1,000,000 warrants Part of CDN$300,000 investment
Regulation FD Disclosure regulatory
"Item 7.01 Regulation FD Disclosure On June 15, 2026, Splash Beverage Group, Inc. issued a press release"
Regulation FD disclosure requires public companies to share important, market-moving information with everyone at the same time instead of tipping off analysts or large investors first. Think of it as making sure all players on a field hear the same announcement simultaneously; that fairness helps investors trust that stock prices reflect the same information and reduces the risk of sudden, unfair trading advantages or regulatory penalties for selective leaks.
non-brokered private placement financial
"On June 9, 2026, Splash completed a CDN$300,000 investment in Avicanna’s non-brokered private placement"
A non-brokered private placement is when a company raises money by selling securities (such as shares or bonds) directly to a small group of chosen investors without using a broker or dealer as a middleman. For investors it matters because it can provide faster, lower-cost access to new investment opportunities but may bring higher risk, less liquidity and potential dilution of existing holdings compared with public offerings.
cannabinoid-based biopharmaceutical financial
"Avicanna Inc. (TSX: AVCN), a commercial-stage cannabinoid-based biopharmaceutical company"
debt-free balance sheet financial
"A debt-free balance sheet."
forward-looking statements regulatory
"This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995"
Forward-looking statements are predictions or plans that companies share about what they expect to happen in the future, like estimating sales or profits. They matter because they help investors understand a company's outlook, but since they are based on guesses and assumptions, they can sometimes be wrong.
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false 0001553788 0001553788 2026-06-15 2026-06-15 iso4217:USD xbrli:shares iso4217:USD xbrli:shares

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

FORM 8-K

 

CURRENT REPORT

 

Pursuant to Section 13 or 15(d) of The Securities Exchange Act of 1934

 

Date of Report (Date of earliest event reported): June 15, 2026

 

SPLASH BEVERAGE GROUP, INC.

(Exact name of registrant as specified in its charter)

 

Nevada   001-40471   34-1720075

(State or other Jurisdiction

of Incorporation)

 

(Commission

File Number)

 

(IRS Employer

Identification No.)

 

1112 N. Flagler Drive

Fort Lauderdale, Florida

  33304
(Address of principal executive offices)   (Zip Code)

 

Registrant’s telephone number, including area code: (954) 648-7238

 

(Former name or former address, if changed since last report.): n/a

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

 

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
   
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
   
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
   
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (17 CFR §230.405) or Rule 12b-2 of the Securities Exchange Act of 1934 (17 CFR §240.12b-2).

 

Emerging growth company

 

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.

 

Securities registered pursuant to Section 12(b) of the Act:

 

Title of Each Class   Trading Symbol(s)   Name of each exchange on which registered
Common Stock, $0.001 par value SBEV NYSE American LLC

 

 

 

Item 7.01 Regulation FD Disclosure

 

On June 15, 2026, Splash Beverage Group, Inc. issued a press release announcing a strategic investment in Avicanna Inc. (TSX: AVCN). A copy of the press release is furnished as Exhibit 99.1 of this Current Report on Form 8-K.

 

The information in this Item 7.01 (including Exhibit 99.1) shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934 (the “Exchange Act”) or otherwise subject to the liabilities under such section, and shall not be deemed to be incorporated by reference into any filing of the Company under the Securities Act of 1933 or the Exchange Act.

 

Item 9.01 Financial Statements and Exhibits

 

(d) Exhibits

 

Exhibit   Description
99.1   Press Release dated June 15, 2026
104  

Cover Page Interactive Data File (embedded within the Inline XBRL document)

        

 

  

SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

  SPLASH BEVERAGE GROUP, INC.
     
Date: June 15, 2026 By: /s/ Brady Cobb
  Name:  Brady Cobb
  Title:  Interim Chief Executive Officer

 

 

 

 

 

EXHIBIT 99.1

 

SPLASH BEVERAGE GROUP INVESTS IN AVICANNA, A LEADING CANNABINOID BIOPHARMACEUTICAL PLATFORM, ADVANCING ITS TRANSFORMATION INTO CANNABINOID HEALTHCARE

 

FORT LAUDERDALE, FL — June 15, 2026 — Splash Beverage Group, Inc. (NYSE American: SBEV) today announced the completion of a CDN$300,000 strategic investment in Avicanna Inc. (TSX: AVCN), a commercial-stage cannabinoid-based biopharmaceutical company focused on clinical research, patient care, and developing pharmaceutical products.

 

The investment represents a strategic capital allocation aligned with Splash’s previously announced transformation into a cannabinoid-based health, wellness, and healthcare-focused platform company.

 

Splash believes Avicanna has assembled one of the most sophisticated cannabinoid healthcare platforms operating today and is uniquely positioned for the continued evolution of the medical cannabinoid market in the United States.

 

“Avicanna has spent years building many of the capabilities we believe will define the future of cannabinoid medicine,” said Brady Cobb, Interim Chief Executive Officer of Splash Beverage Group. “As we evaluated opportunities across the sector, Avicanna stood out because of its combination of intellectual property, product portfolio, clinical development, healthcare-system integration, managing health insurance filings and integration, pharmaceutical expertise, and operational execution.”

 

Splash’s investment thesis is supported by several attributes that management believes distinguish Avicanna within the cannabinoid sector:

 

  ●  One of North America’s leading cannabinoid-based biopharmaceutical companies with proprietary formulations and clinical-stage pharmaceutical assets;
     
  A commercial-stage pharmaceutical portfolio that includes Trunerox™, an approved cannabidiol treatment for severe epilepsy indications, and multiple clinical development programs targeting pain, inflammation, and dermatological conditions;
     
  MyMedi.ca, one of Canada’s leading medical cannabis care platforms, providing pharmacist-led patient care, reimbursement support, insurance adjudication, and physician-guided patient access;
     
  Real-world operating experience within Canada’s federally regulated medical cannabis system, one of the most advanced medical cannabinoid frameworks globally;
     
  A vertically integrated international platform that includes pharmaceutical-grade cannabinoid manufacturing and active pharmaceutical ingredient production through its Colombian operations;
     
  An experienced management team with deep expertise across healthcare, pharmaceuticals, clinical research, and cannabinoid medicine;
     
  A debt-free balance sheet.

 

 

 

Splash believes the long-term cannabinoid opportunity will increasingly be defined by clinical evidence, physician participation, healthcare integration, reimbursement infrastructure, pharmaceutical-approved products, and regulatory compliance.

 

Management believes Avicanna has already built a platform around those principles and may be particularly well positioned as the U.S. healthcare and regulatory environment continues to evolve.

 

“In many respects, Avicanna has built and operated within a federally regulated medical cannabinoid framework that already incorporates many of the characteristics increasingly being evaluated across the United States healthcare system,” continued Cobb. “We view this investment as a strategic allocation into a company whose platform, capabilities, and operating experience may be uniquely suited for the next phase of cannabinoid medicine.”

 

On June 9, 2026, Splash completed a CDN$300,000 investment in Avicanna’s non-brokered private placement, acquiring 2,000,000 common shares and 1,000,000 warrants.

 

About Splash Beverage Group, Inc.

 

Splash Beverage Group, Inc. (NYSE American: SBEV) is a publicly traded company headquartered in Fort Lauderdale, Florida. The Company is pursuing a strategic transformation toward becoming a cannabinoid health, wellness, and biopharmaceutical platform through disciplined capital allocation, strategic investments, acquisitions, and other platform-building initiatives.

 

More Information

 

Splash Beverage Group

 

Contact Information

 

Splash Beverage Group
Info@SplashBeverageGroup.com

 

Media Contact

 

Angela Gorman
AMWPR
angela@amwpr.com
917-348-0083

 

Cautionary Note Regarding Forward-Looking Statements

 

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including statements regarding the Company’s investment in Avicanna and the perceived or anticipated benefits and prospects thereof Forward-looking statements are prefaced by words such as “anticipate,” “expect,” “plan,” “could,” “may,” “will,” “should,” “would,” “intend,” “potential,” “believe,” “estimate,” “forecast,” “project,” and similar words.

 

Forward-looking statements are based on current expectations and assumptions regarding the Company’s business and future conditions and are subject to inherent uncertainties, risks, and changes in circumstances that are difficult to predict. Actual results may differ materially from those contemplated by such forward-looking statements due to a variety of factors, including, without limitation, the possibility that the Company’s investment in Avicanna does not yield the benefits anticipated or sought, and the the status of evolving regulatory conditions within the cannabinoid and wellness industries.

 

Additional information concerning these and other risk factors is contained in the Company’s filings with the U.S. Securities and Exchange Commission, including its Annual Report on Form 10-K for the year ended December 31, 2025. Any forward-looking statement made by the Company speaks only as of the date on which it is made. The Company undertakes no obligation to publicly update any forward-looking statements, whether as a result of new information, future developments, or otherwise, except as required by law.

 

 

 

 

FAQ

What strategic investment did Splash Beverage Group (SBEV) announce in this 8-K?

Splash Beverage Group announced a CDN$300,000 strategic investment in Avicanna Inc. The company participated in Avicanna’s non-brokered private placement, acquiring equity and warrants as part of its planned transformation toward a cannabinoid-focused health, wellness, and biopharmaceutical platform.

How much did SBEV invest in Avicanna, and what securities did it receive?

Splash invested CDN$300,000 in Avicanna’s non-brokered private placement. In return, it acquired 2,000,000 common shares and 1,000,000 warrants of Avicanna Inc., giving Splash both immediate equity exposure and additional potential upside through future warrant exercises.

How does the Avicanna investment support Splash Beverage Group’s strategy?

The investment aligns with Splash’s shift into cannabinoid health and biopharmaceuticals. Management describes it as a strategic capital allocation supporting a transformation toward a cannabinoid-based health, wellness, and healthcare-focused platform built through investments, acquisitions, and other platform-building initiatives.

Who is Avicanna Inc., the company receiving Splash Beverage Group’s investment?

Avicanna is a commercial-stage cannabinoid-based biopharmaceutical company. It focuses on clinical research, patient care, and pharmaceutical products, including Trunerox™ for severe epilepsy, the MyMedi.ca medical cannabis care platform, and vertically integrated pharmaceutical-grade cannabinoid manufacturing through Colombian operations.

What key attributes of Avicanna does Splash Beverage Group highlight?

Splash cites Avicanna’s clinical assets, healthcare integration, and debt-free balance sheet. Management points to proprietary formulations, clinical-stage programs in pain and dermatology, MyMedi.ca’s pharmacist-led platform, Colombian manufacturing, experienced management, and operation within Canada’s federally regulated medical cannabis framework.

Does this Splash Beverage Group filing include any financial statements or earnings data?

No, the filing focuses on a Regulation FD Disclosure about a strategic investment. It describes the CDN$300,000 Avicanna transaction, related warrants and shares, and strategic rationale, and furnishes a press release as an exhibit rather than providing quarterly or annual financial results.

Filing Exhibits & Attachments

4 documents