TRIP Drink Ltd Asset Profile

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Year established

2019

Location

London UK

Primary Industry

Consumer Products

About

Based in London, UK, and founded in 2019, TRIP Drink Ltd, is a CBD (cannabidiol) infused non-alcoholic beverage and Oil. In October 2024, the company raised an undisclosed amount of venture funding from DMG Ventures. The entity as of August 2022, is led by its co-founders Daniel Khoury and Olivia Ferdi. TRIP offers CBD oils, CBD drinks, and other TRIP merchants through its e-commerce website and through distribution to over 11,000 retail locations in the UK. The company’s CBD Oil and canned beverages are made in the UK and infused with CBD (the non-psychoactive compound found in hemp plants), in an amount of not more than 0.2% THC (the component in the hemp plant that has psycho-active effects), and are third-party lab tested, to aid digestion, immunity, and stress relief. The firm dominates over 88% market share of UK CBD space as of August 2022 and its drinks are available in a variety of flavors like Elderflower Mint, Peach Ginger, Lemon Basil, and CBD-infused Cold Brew and CBD oils in Wild Mint and Orange Blossom blended with Chamomile flavors. The firm generates its revenue by selling its products at different price ranges like CBD oil at GBP 19 for 300 mg, CBD drink at GBP 14 for a pack of 6 canes, and other lifestyle merchants from GBP 7 to GBP 39. The company will use the October 2024 funding to expand its market in the UK and build its brand in other major markets.

Current Investors

DMG Ventures

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Primary Industry

Consumer Products

Sub Industries

Non-Alcoholic Beverages, Alternative Medicine

Website

www.drink-trip.com

Verticals

Cannabis/Medical Marijuana, E-commerce, Manufacturing

Company Stage

Early Stage

Total Amount Raised

Subscriber access only

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